The concept of artificial intelligence (AI) emerged in the mid-20th century, and research into AI systems has been ongoing ever ...
← Logistics Dictionary
Production
What is the meaning of Production?
Production is the method of turning raw materials into finished or semi-finished products. In other words, it means the creation or the development of unusable materials to usable products or services.
Generally, production contributes to the utility of individuals. The finished products are readily available to be consumed by individuals or companies. On the other hand, the semi-finished goods are development to form parts of other product.
You may also be interested in these articles
Truck Winter Tires: Mandatory Use and Further European Regulations in Winter 2025/26
In the European winter, conditions in Norvik in the Arctic Circle are quite different from those in Palermo in the ...
The EUDR and Its Impact on Companies and Logistics
The world’s forests are beyond valuable. They directly support the livelihoods of many people and, due to their crucial role ...