Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Gordon Scott ...

A manufacturing overhead budget contains all the costs, other than raw materials and labor, that will be incurred by a manufacturing company or department during a fiscal year. These ongoing costs are ...

As most executives know, what you measure is as important as whether you measure—and when it comes to monitoring the health of "advanced manufacturing" in the U.S., we're all over the map. Part of the ...

When manufacturing products, a business should budget the time and necessary manpower to produce the products. This allows the company to estimate the total costs associated with the production of the ...

Discover how industry organizations need to converge on concrete guiding principles and a definition for smart manufacturing, in order to achieve the next phase of Industry 4.0—democratization of ...