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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? ****************************** 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 ****************************** 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 ****************************** 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 ****************************** Let’s connect! 👍 Website: https://nutshellbrainery.com/ 👍 Twitter: https://twitter.com/LonSchiffbauer 👍 Instagram: https://www.instagram.com/LonSchiffbauer 💰 Patreon: https://www.patreon.com/Nutshellbrainery ****************************** 🎓 APA 7 Citation: Schiffbauer, L. W. [Nutshell Brainery]. (2021, April 28). How does global production work? [Video]. YouTube. https://youtu.be/mL47TOnnWdo
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