Question

what is the role of human resources in converting the raw material into finished good and also make a list of such goods​

Answer 1

Answer:

Turning raw materials into finished products

Milton Chang

Manufacturing must be an integral part of your business strategy, operating in harmony with technology, finance, and marketing.

Ultimately, you have to deliver what you have sold. If you don`t know manufacturing, you`re not in the game. In this article, I present a perspective that can help you formulate a winning strategy. I discuss what manufacturing does, what makes it work, and how manufacturing is likely to evolve as your company grows. In today`s economy, you need to develop a clear understanding of what customers want, then optimize the organization`s ability to get those customers to buy from you.

It takes time to build a manufacturing infrastructure. People in manufacturing develop and refine procedures to keep things going. Using a computer as an analogy, you can think of people`s hands and the machines on the factory floor as the hardware, with people`s minds and procedures as the software that make the hardware work. Companies with the same machinery can achieve vastly different results. The difference is in the "software." Because it takes time to get the bugs out of software, you want to build manufacturing capability early in your growth cycle.

Manufacturing is managing the flow of material and information to turn raw material into finished products. The machines and the people need the right materials, the right components, and the right information at the right time. It may surprise you to learn that direct labor costs (not including overhead) account for only 1.5% of the selling price in the test instruments division of one of the San Francisco Bay Area`s most successful companies.