In this paper & presentation, i have cover Manufacturing and its content, Import, and export in the USA and then comparing the USA vs India on Manufacturing, imports, & exports etc.
2. Manufacturing
Manufacturing can be described as the process of converting raw
material into finished products by hand or machinery.
Manufacturing is the act of producing something by using
mechanical power or machinery with the use of labor.
The manufacturing method is essentially a complex activity,
involved wide range of machinery, tools, and equipment with
numerous levels of automation, like computers, robots, and different
equipment.
3. History of Manufacturing
Industrial revolution started in the 18th century in England
Extended to neighboring nations like France and Germany
In late 18th century industrial revolution came to United States
The impact of changing the way items were manufactured had a
wide reach
Industries such as textile manufacturing, mining, glass making and
agriculture had all undergone changes
Machinery such as the spinning wheel to produce textiles, the water
wheel used to power machinery and the steam engine were invented
4. Role of Technology in the Manufacturing
Technology made significant changes to the manufacturing field
Manufacturing companies are utilizing technology in new and exciting ways to
make production more effective and efficient
Tasks that at one time involved manual labor are now mechanized and automated
by computer systems
In addition to being high-tech, today's production facilities are clean and inviting
workplaces
New Manufacturing technology that changed the world
3D printing, Nanotechnology, the internet of things, cloud computing, big data and
predictive maintenance technology
5. Role of IT in manufacturing
IT plays an essential part in different areas of industry and It make production process
simple and more computerized
IT helps drastically in delivering just-in-time insights, swift visibility, and seamless
innovation for implementing new age solutions
IT plays an important role in various sectors and industries. Similarly, IT strives to
make things simpler in the manufacturing sector as well
It help to achieve these goals such as Rapid shift in production from one product to
another, Faster implementation of new concepts in products
Faster delivery of products to customers, More interactions with customers, Full
utilization of capital and human resources, focus on essential business needs
Elimination of unnecessary or wasteful activities ,development and implementation of
it to meet these goals
6. History of technology
Technology changes mankind’s history
From Establishment of Neolithic farming and food-storage
techniques
To the development of metallurgy, weaving, printing, and
electronics, history and technology
The role of the stirrup in the Middle Ages, gunpowder in the
thirteenth century,
Printing in the fifteenth, the steam engine in the eighteenth,
Factories in the nineteenth, and nuclear power in the twentieth
7. Role of Technology in industries
Automobiles: Technology has increasingly altered the manufacturing
process for motor vehicles
Modern technologies used in advancing manufacturing for the
automotive industry include
Programmable machines and tools, Supercomputing; Advanced
forging techniques
Over the last 25 years, automation technology has become an
essential part of automobile assembly plants.
Typical assembly plant uses several hundred robots to build and
paint the vehicle frame
8. Cont.……
Textiles: innovation made machines processing simple, speedy and
efficient
Technology like CAD, CAM, IT and Production Management
encourage numerous adjustments in the women’s style and material
industry
Process technology to new modes of clothing production based on
the systems cost and productivity
Petroleum: 3D technology help to find and create oil & gas asset
3D increase success rate to find fewer well, less surface disturbance
and waste
9. Effect of Import on Economy
Imports are the goods and services that are bought by residents,
governments or businesses of a country, but made outside of the country
Most nations in this world would like to import less and export more
The country import to keep fulfill the needs of population and production
industry
A country with a higher level of imports needs to increase their currency
reserve to pay the due of imports
Any country like to become an exporter instead of an importer
Import give competition to its local companies, who always want to sell
more, whether it is locally or overseas
10. What does United States Import?
In 2015 the USA imported goods of $2.273 trillion goods
Capital goods are the largest category which consists of $599 billion
Consumer good just covers $ 596 billion
Automobiles covers $348 billion
The food and Beverage cover $128 billion
US imports $489 billion in services
More than half of U.S. import comes from these five countries:
China, Canada, Mexico, Japan, and Germany
11. Industry Regulations
Automobiles: The global auto industry faces change in manufacturing
technique due to innovations and change in demand for vehicles
A new technique of labor utilizations also develops new ways to adjust
flexible manufacturing practices
Automobile manufacturer using new manufacturing process for
redesigning vehicles to meet the unending change in taste and preferences
of consumers
Automobile industry also facing environmental concerns which are
included like carbon dioxide and other health risks
Textiles: Textiles must label with this following information like the fiber
content, manufacturer or dealer identity, the care instructions and the
country of origin
12. Cont.…..
Care instruction must be attached permanently to the item
Labeling is not required until the final product is ready to reach final buyer
Petroleum: The oil industry is counted among big industry and placed on
top ten largest industry
Due to diplomacy-free trade among friendly nations is forced
In the 1930s the USA energy market started and continued to 1970s
Many major laws and executive actions are made to restrict competition,
control fuel prices, and limit imports
13. Importance of Export
Exports can be simply defined as the process of shipping or
transferring goods or service produced in one country to another
country for future trade or sale
a) Employment: - Development in exports can make the new
employment opportunity
b) Economic growth: - Exports are a part of total demand. Rising
exports will build aggregate demand and cause higher financial
development
c) Current account deficit: - The quality of export has a big part in
deciding the present record deficiency
14. What does United States Export?
In 2015 the USA exported goods of $1.598 trillion goods
Capital goods are the largest category which consists of $538 billion
Consumer good just covers $ 198 billion
Industry supply covers $428 billion
The food and Beverage cover $128 billion
Automobile contribute 10% of all goods exports
US export is contributing one-third in service
More than half of U.S. export goes to these five countries: China, Canada,
Mexico, Japan, and Germany
15. Industry Regulations
Automobiles: Export of vehicles from the United States must comply with all
United States statutes and regulations related to exportation
These regulations do not prohibit the export of new cars. Instead, they establish
rules for exporting used cars
A company that engages in the exportation of cars must present vehicle and its
identification number documents
Petroleum: In the 1970s when congress made it illegal to trade locally produced
unrefined petroleum without a permit
The reason of the enactment was to moderate local oil holds and discourage the
foreign importer
But in simple words, this rule does not help to achieve any of the targets
16. Cont.….
It has now turned out to be to a greater extent a prevention than an
assistance.
Textiles: The United States is an internationally competitive maker
of Textiles.
Textile industry specialists are talented and the business is best in
class, with investments of $1.6 billion in all out capital uses in 2013
As of late, U.S. textiles organizations have concentrated on retooling
their organizations
Discovering more powerful work procedures, and putting resources
into specialty items and markets.
17. USA vs India
Volume: Indian auto industry is currently producing approximately 24
million vehicles in April- March 2016
There is a growth rate of 2.58% from last years production
The vehicles produce in India include commercial vehicles, passenger
vehicles, three wheelers, two wheelers etc.
In USA total car sales are approximately 4.3 million and decline by 7.7%
Light-duty trucks total sales is approximately 6 million and increase by
9.1%
Total SUV/Cross-over total sales is approximately 3.8 million and it raise
by 8%.
18. Major Industries
India
Retail and Wholesale trade = 23%
Agriculture = 15.7% of GDP
Real Estate = 13.5%
Banking & Insurance = 10%
IT & ITES industry = 9%
Transportation = 8.5%
Machinery = 8%
USA
Real Estate = 13% of GDP
Professional & Business service =
12%
State & Local Government = 9.1%
Finance & Insurance = 7.2%
Healthcare = 7.1%
Durable Goods = 6.5%
Wholesale trade = 6%
19. Major Imports
India
OIL = 26.8% of total imports
Gems & Precious Metal = 15.3%
Electronic Equipment = 9.2%
Machinery = 8.2%
Organic Chemicals = 4.1%
Iron & Steel = 3%
Plastics = 2.9%
USA
Electronic Equipment = 14.4%
Machinery = 14.3%
Vehicles = 12.3%
OIL = 8.7%
Pharmaceuticals = 3.7%
Medical & Technical equipment's =
3.4%
Furniture & Lighting = 2.6%