The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications. Manufacturing commonly employs a man-machine setup with division of labor in a large scale production.
Manufacturing is the creation and assembly of components and finished products for sale on a large scale. It can utilize a number of methods, including human and machine labor, and biological and chemical processes, to turn raw materials into finished goods by using tools. Production is similar but broader: It refers to the processes and techniques that are used to convert raw materials or semi-finished goods into finished products or services with or without the use of machinery. Whether it is one or the other, manufacturers need to match their production methods to the needs and desires of the market, the available resources, order volume and size, seasonal shifts in demand, overhead costs (such as labor and inventory), and numerous other variables
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