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Manufacturing SectorPublished by: First Research, Inc. Published: Sep. 15, 2008 - 10 Pages Table of Contents
AbstractThe US manufacturing sector includes about 300,000 companies with combined annual sales of about $4 trillion. Major manufacturers include GM, Ford, GE, IBM, Boeing, Hewlett-Packard, Proctor & Gamble, Merck, Cisco, and DuPont. Although some companies like GE participate in many manufacturing sectors, the specialized nature of most manufacturing processes requires companies to specialize in a few types of products. Concentration tends to be high in those industry segments that produce basic commodities, like steel or fertilizer, or that require high degrees of engineering, like car or plane manufacture.COMPETITIVE LANDSCAPE Most sales by manufacturing companies are to other manufacturing companies. Profitability depends on efficient and cost-effective manufacturing operations and distribution. Small companies can compete by producing specialized products or selling into specialized markets. Large companies have advantages of scale in procurement, production, distribution, and marketing. Average sales per employee vary greatly due to the large variety of products in this sector. PRODUCTS, OPERATIONS & TECHNOLOGY Major products of the US manufacturing sector include transportation equipment, computers, electronics, food, chemicals, machinery, and products made of metal, plastic, and paper. Annual revenue for manufacturers of cars and planes is about $600 billion; computers and electronics, $450 billion; food, $425 billion; chemicals, $425 billion; machinery, $300 billion; metal products, $250 billion; plastics, $165 billion; and paper, $150 billion. Annual revenue of manufacturers equals that of the wholesale trade sector, and is four times larger than healthcare and construction. ... Get Full Details About This Report >> |
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