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MANUFACTURNG AND SERVICE SECTORS.

   

Added on  2023-04-11

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Running head: MANUFACTURNG AND SERVICE SECTORS
MANUFACTURNG AND SERVICE SECTORS
Name of the Student
Name of the Organization
Author Note
MANUFACTURNG AND SERVICE SECTORS._1

1MANUFACTURNG AND SERVICE SECTORS
Analysis of the manufacturing and service sector
In the recent time, it is noticed that manufacturing investment has been growing rapidly.
The service industry comprises of several firms whose main purpose is to deliver customer
market service (Prajogo, 2006). There are basically two types of service firms which includes the
equipment based service firm and the people based service firm. Equipment based firms are
those organizations which uses machinery and other technology forms to perform the task as
needed by the customers and these are mainly run by the unskilled labour (Baines, Lightfoot &
Benedettini, 2009). On the other hand, people based firms of service are those which are not
based on machinery for delivering service and they may also use unskilled labourer. In the case
of people based service firm, a professional provides the service and the knowledge which he/
she maintains and enables the task to be performed. Many researches on the manufacturing
growth and industry of service focusses on several aspects of manufacturing and integration of
service involving the manufacturing servitization and vice versa (Jacobs & Chase, 2014).There is
a common belief that the growth of manufacturing and service which is spiral has to be preceded
by the integration.
Strategies to adopt for achieving the organization's long-term
development in a changeable global environment
It is noticed that global manufacturers always remain under pressure for better aligning
the total engineering and value chain manufacturing thus helping them in reducing the cycle
times of design and gain productivity and efficiency as well (Giannakis, 2011). Global
manufacturing strategies is a global community which serves senior manufacturing as well as
operations executives from the corporations worldwide which are major. They are responsible
MANUFACTURNG AND SERVICE SECTORS._2

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