Discover how "work in process" and "work in progress" differ in manufacturing, and their effects on accounting and financial ...

The manufacturing process is a complex one that can be impacted by many factors: supplies, equipment, factory overhead, the need for special parts, and the people who work at all points in the process ...

We point to five signs that the global manufacturing cycle has turned and expect to see further upside in global PMIs across regions over the next 3-6 months. The covid pandemic created big swings in ...

Hurco's fiscal Q4'23 results were surprisingly strong, but fiscal Q1'24 saw a sharp decline, reflecting the volatility of the business and still-weak trends across the manufacturing sector.

Although some aspects of process validation for continuous processes are the same as those for traditional batch processes, there are some unique considerations. Although some aspects of process ...

Increased agility, flexibility, visibility, efficiency, productivity, safety — all are lofty goals that process manufacturing companies would like to attain. Yet, optimization in any of these areas is ...

By unifying data into a single backbone, the digital thread accelerates processes along the value chain to enable growth, ...

At its core business process management is the administrative activities aimed at (1) defining a process, (2) establishing responsibilities, (3) evaluating process performance and (4) identifying ...