What is production?
Production is the process of creating a new product using raw materials or prefabricated items and resources.
Production as we know it today started centuries before the industrial revolution with craftsmen and assistants creating products using raw materials produced by nature and farmers. Today, this method of production still exists for many luxury items such as custom-made furniture or clothes.
The industrial revolution changed production into manufacturing, with the introduction of machines and mass production. This allowed production to grow by being less dependent on craftsmen and manual labor.
The introduction of computers in manufacturing companies allows the production of more sophisticated items and has made manufacturing more flexible.
To implement Microsoft Dynamics NAV for production companies, it is crucial to understand which level of production is being used in your company.
Production methodologies
In this chapter, we will...