Everything you purchase was produced using materials, goods, and services from all over the globe. But how does this make for a better and more affordable product?
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Here are some timestamps so you can jump ahead to what you need most:
0:00 Start
0:26 Value Creation
4:25 Relationship between quality and costs
7:34 Six-Sigma
11:56 Lean
13:28 ISO-9000
24:53 In-House or Outsource
29:23 Where to produce
34:53 Regional Economic Integration
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Here are some links to other videos in this series:
⏩ Next video in the series: https://youtu.be/HbUHqP804Ng
⏪ Previous video in the series: https://youtu.be/brxOTQBLg2A
⏮ First video in the series: https://www.youtube.com/watch?v=e6ksNxzHAbw&t=192s
️ The series playlist: https://www.youtube.com/playlist?list=PLHPrTtF9UV1IxnJZrrDMfIwWRw4BTfVuj
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Check out my other YouTube channels!
️ Nutshell Studio Productions: https://www.youtube.com/channel/UCKGbr6t1NbSSXCNrSAttrgg
️ Lon’s Personal Vlog: https://www.youtube.com/channel/UC9xRi95S2yyB2vzF3k3O7VA
️ Rattling Around the Garage: https://www.youtube.com/channel/UCZvZJ8br54UDkE7VxwK_vtA
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Let’s connect!
Website: https://nutshellbrainery.com/
Twitter: https://twitter.com/LonSchiffbauer
Instagram: https://www.instagram.com/LonSchiffbauer
Patreon: https://www.patreon.com/Nutshellbrainery
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APA 7 Citation:
Schiffbauer, L. W. [Nutshell Brainery]. (2021, April 28). How does global production work? [Video]. YouTube. https://youtu.be/mL47TOnnWdo