Manufacturing Technology Research Paper

ABSTRACT

This paper presents seeks to present gathered information concerning the investment in Manufacturing Technology. It also aims to illustrate how implementing the investment in Manufacturing Technology provides great benefits to the organizations that manage them correctly. However, when this process is not fulfilled in a proper way, it could generate the bankruptcy of a company. It is of this reasons that the implementation is considered a problem. The manufacturing technologies are also included to give a clear understanding of what Manufacturing technology is. Problems associated with manufacturing technology can also be found in this paper giving a detailed analysis on why implementing it can come with many disadvantages. Benefits

Chuu[2] also provides a clear understanding of the concept of Manufacturing technology and does so in simple terms by defining it as any equipment or methodology that is part of the production system that allows the improvement in terms of costs, quality and flexibility.

Manufacturing Technology provides tools that enable production of all manufactured goods. These master tools of industry magnify the effort of individual workers and give an industrial nation the power to turn raw materials into affordable, quality products necessary for today’s society. In more simple terms, advanced manufacturing technology makes modern life easy or rather possible.
Production tools include and other related equipment manufacturing technology provides the tools that power a growing, stable economy and rising standard of living. These tools create the means to provide an effective national defense. They make possible modern communications, affordable agricultural products, efficient transportation, innovative medical procedures, space exploration and the everyday conveniences we take for

Metals
South Africa’s large, well-developed metals industry, with vast natural resources and a supportive infrastructure, represents roughly a third of all South Africa’s manufacturing. It comprises basic iron ore and steel, basic non-ferrous metals and metal products. The industries involve the manufacture of primary iron and steel products from smelting to semi-finished stages.
Primary steel products and semi-finished products include billets, blooms, and slabs, forgings, reinforcing bars, railway track material, wire rod, seamless tubes and plates. This industry is a significant contributor to the economies around the world and earns contributes amounts of valuable foreign exchange.

Textiles, clothing and footwear
The textile industry is the most cost-effective way of creating jobs .Owing to technological improvements, textile production has evolved into a capital-intensive industry, producing synthetic fibers in ever-increasing proportions. The clothing industry has also undergone significant technological change and is a benefactor in sophisticated transport and communications