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What is difference between manufacturing company and a service company?

A manufacturing company produces tangible goods through a production process, involving raw materials, labor, and machinery. In contrast, a service company provides intangible services to customers, such as consulting, healthcare, or financial services. While manufacturing involves physical transformation of materials, services are typically delivered through expertise, skills, and knowledge. Additionally, manufacturing companies often have inventory and supply chain considerations, while service companies focus on customer relationships and quality of service delivery.


Why is there a need for manufacturing?

Need of ManufacturingPeople need various kinds of goods. The resources are not available in the form that will meet the needs and wants of people. So you need a transformation of resources to meet the needs and Wants of Customers. The transformation process is called manufacturing. Brahmajyothi


Which type of organization would most likely have work in process inventory?

A manufacturing company


Which type of organization would most likely have work-in process inventory?

A manufacturing company


Which type of organization would most like have work in-process inventory?

A manufacturing company


What is outsourcing product and services?

Outsourcing product and services is the process of handing over the company's manufacturing or other business process to another company either local or overseas.


What does assembly line mean?

An assembly line is a manufacturing process developed by Ford Motor Company


What skills do you need to work for a car manufacturing company?

Whatever the requirements are of the position you're applying for. Just because you work for a company which manufactures cars doesn't mean you're a part of the manufacturing process.


Manufacturing process for kettle?

manufacturing process of kettle


Definition of core in manufacturing process?

the process of manufacturing


What is the definition of a manufacturing business?

A company that receives raw materials, then processes these materials in a manufacturing process that produces a finished product. Picture an automobile assembly line.


What does sub assembly line mean?

An assembly line is a manufacturing process developed by Ford Motor Company