Define Production in Manufacturing
Define Production
In manufacturing, production refers to the process of making goods for sale. The term is about the process or methodology, and there are three main types of production processes based on the intention.
For instance, the production could be for the sole purpose of making to stock (MTS) i.e., making goods to match inventory levels dictated by consumer demand estimates. The production could also be make to order (MTO) i.e., making products to specifications. Lastly, production can also be make to assemble (MTA), which refers to a production process characterized by making basic products and waiting for final orders to create final products.
The production process follows many methods, as seen above. It also utilizes manual and machine labor. Chemical processes may also be used to transform raw materials into finished products. Production can be compared to manufacturing. However, it is larger in scope. For production processes to make financial sense, there must be optimization where production methods meet the desires and needs of the markets. The order size, volume, desires of the target market, demand, overall costs, and many other variables must also be considered.
Production Part of Speech – Noun
Pronounciation – “pruh·duhk·shn”
Production Used in Sentences
- Automobile production requires complex supply chains and assembly lines.
- The factory increased gross production by 25% this quarter.
- Production processes for pharmaceuticals are characterized by rigorous quality controls.
- The company’s production plant is situated in a remote location to reduce environmental impact.
- Steel production requires large amounts of raw materials and energy.
- The company shut down production temporarily to deal with raw material shortages.
- Consumer electronics production is about using technology and specialized machinery.
- The manufacturer invested heavily to boost production efficiency and lower costs.
5 Reasons Why Production Is So Important for Manufacturers
Production is an important term for manufacturers because it refers to the process of transforming raw materials into finished goods. Production summarizes the work of manufacturers. The term is the driving force for the industry and a big factor affecting profitability and competitiveness. Here are specific reasons on the importance of the term to manufacturers;
Defines demand: Manufacturers must produce enough products to meet customer demand. Production in reference to the volume of products produced dictates market relevance. Efficient production ensures businesses meet demand for goods on time.
Cost control: Production costs dictate profitability. The most important task for manufacturers is therefore optimizing production processes to ensure they lower costs and increase profits without compromising on quality.
Quality control: The term production can imply quality of the end product. Production processes are critical for safeguarding product quality. The production process must follow strict quality controls that ensure products meet certain requirements. The process must also comply with existing regulations.
Innovation: Production processes must evolve continuously for manufacturers to remain competitive. Innovation involves investing in technology and new machinery. Investments in innovation power new products, boost efficiency, and increase profitability.
Supply chain management: Production also refers to the flow of goods or supply chain management. Manufacturers who optimize production processes can reduce lead times, manage inventory more efficiently and boost supply chain efficiency.
15 Synonyms for Production
Many other terms can be used to describe production. The most notable synonyms of production from a manufacturing context include;
- Output: Refers to the amount/quantity of goods produced by a manufacturer.
- Generation: Refers to the production of something from scratch or production a version/iteration of a product.
- Development: Refers to the process of creating/improving products mainly through research and development.
- Building: Refers to the process of making something i.e., a structure using individual parts.
- Crafting: Refers to the process of creating something using skilled workmanship.
- Assembly: Refers to the process of putting components together to make an entire product.
- Fabrication: Refers to the process of making something from basic or raw materials in an industrial or mechanical process.
- Creation: Refers to the process of making something that didn’t exist before.
- Formulation: Refers to the act of developing or creating a recipe/formula for products via an experimentation and testing process.
- Outputting: Refers to the process of making goods/products in a specific stage of production.
- Construction: Refers to the process of assembling or building something using tools and machinery.
- Processing: Refers to the process of converting raw materials (via mechanical and/or chemical operations) into finished products.
- Making: Refers to the process of producing/creating something using machinery or tools.
- Preparation: Refers to the process of making something for use/consumption. The term is often about cooking or processing.
- Manufacture: Refers to making goods/products on large-scale using equipment/machinery.
15 Antonyms for Production
The following terms mean the opposite of production;
- Inactivity: Refers to lack of movement/work. Also means lack of productivity.
- Obstruction: Refer to the process of hindering or blocking something from movement or progress
- Termination: Refers to the process of ending something like an agreement or contract.
- Cancellation: Refers to the act of invalidating or calling off something, such as a transaction or event.
- Omission: Refers to the act of failing to include something or leaving out something.
- Elimination: Refers to the act of eradicating or completely removing something.
- Abolition: Refers to the act of removing something from a system, practice, or law.
- Reduction: Refers to lessening or decreasing something in quantity, amount, or size.
- Inhibition: Refers to restraining or preventing something from progressing or happening.
- Dissolution: Refers to disintegrating or breaking down something. The term is used often in the context of organizations and relationships.
- Withdrawal: Refers to the act of removing or taking away something i.e., support or resources.
- Reduction: Refers to lessening or decreasing the size, amount or quantity of something i.e., a raw material.
- Delay: Refers to the process of putting off or postponing something.
- Stagnation: Refers to lacking progress or growth. A state that lacks development and change.
- Destruction: Refers to ruining or demolishing something. For example, lack of a production plan led to the destruction of the factory.
