Joy Global
Encyclopedia
Joy Global Inc. is a Fortune 1000
Fortune 1000
Fortune 1000 is a reference to a list maintained by the American business magazine Fortune. The list is of the 1000 largest American companies, ranked on revenues alone...

 company with an integral role in the mining industry. It manufactures and services heavy machinery used in underground and surface mining. Its underground mining machinery business operates primarily through subsidiary Joy Mining Machinery
Joy Mining Machinery
Joy Mining Machinery is a manufacturer of surface and underground mining machinery based in Warrendale, Pennsylvania, United States. They are an operating subsidiary of Joy Global Inc.-Parent Company Overview:...

, a brand known for its longwall mining products and systems. while the other division, P&H Mining
P&H Mining
P&H Mining Equipment designs, builds and supports a line of drilling and material handling machinery marketed under the "P&H" trademark and applied to minerals and energy surface mining operations worldwide. The firm is an operating subsidiary of Joy Global Inc.- Parent Company Overview :Joy...

 Equipment provides a complementary role as a surface mining
Surface mining
Surface mining , is a type of mining in which soil and rock overlying the mineral deposit are removed...

 equipment manufacturer and servicer, largely in the business of large excavating and drilling machines. The company also deals in aftermarket parts
After-market (general)
After-market refers to any market where the customers who purchase one product or service are likely to purchase a related, follow-on product....

.

The present company has its roots in two separate but related businesses that came together in 1994, when Harnischfeger Industries, Inc. bought Joy Technologies Inc. for 700 million dollars. Joy Global Inc. was known as Harnischfeger Industries until 2001 when it emerged from bankruptcy and was renamed. Its emergence from bankruptcy was a success profiting $
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....

744 million in the next six years.

With respect to P&H Mining Equipment, the company markets four product lines and its equipment is used in 90 % of the world's surface mines. 90 % of the parent company's manufacturing business comes from coal mining, a business Joy Global does well in as the leading manufacturer of underground mining equipment.

History

Joy Global Inc. traces its beginnings to 1884 in Milwaukee, Wisconsin
Wisconsin
Wisconsin is a U.S. state located in the north-central United States and is part of the Midwest. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michigan to the northeast, and Lake Superior to the north. Wisconsin's capital is...

 in the Great Lakes region of the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. A thriving center of industrial machinery manufacturing at the convergence of three rivers entering Lake Michigan, Milwaukee had been a small fur trading post 50 years earlier before transitioning to a community built upon wheat distribution, beer brewing and iron milling. In fact, the Joy Global Inc. headquarters is sited upon one of the original trading posts in Milwaukee established in the 1820s by French voyageur Solomon Juneau.



Among the growing number of machinery manufacturing firms in Milwaukee in the 1870s was a struggling firm known as the Whitehill Sewing Machine Company. Alonzo Pawling and Henry Harnischfeger managed castings patternmaking and gear machining operations within the Whitehill factory. Concerned that Whitehill lacked the marketing and manufacturing discipline needed to grow, they formed a machine and pattern shop on December 1, 1884 .to manufacture, assemble and service components and equipment needed by other, larger manufacturing firms in the region.

In 1887, Pawling and Harnischfeger helped rebuild and upgrade an overhead bridge crane within the foundry operations of the Edward P. Allis Manufacturing Company that collapsed following an attempt to move a load beyond its rated lifting capacity. The rebuilt crane featured a simplified system of motors and gearboxes to drive the bridge, trolley and hoist functions on the lifting machine, replacing a complex system of ropes and pulleys that failed on the earlier version. Soon after, Pawling and Harnischfeger began building their own line of overhead cranes for manufacturing and warehouse
Warehouse
A warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial areas of cities and towns. They usually have loading docks to load and unload...

 operations.
A bank panic in 1893 caused demand to fall for the cranes designed and built by Pawling and Harnischfeger who by that time were being referred to by their customers as simply “P&H”. The partners decided to expand their product line to include earthmoving machines in order to increase the ability of their business to withstand the next economic downturn. It was also in 1893 that P&H acquired the motors and controls manufacturing assets of the Gibb Electric Company following the acquisition of Gibb by Westinghouse Electric
Westinghouse Electric (1886)
Westinghouse Electric was an American manufacturing company. It was founded in 1886 as Westinghouse Electric Company and later renamed Westinghouse Electric Corporation by George Westinghouse. The company purchased CBS in 1995 and became CBS Corporation in 1997...

 Manufacturing Company, as Pawling and Harnischfeger wanted greater control over the application of motors applied to their crane line.

Meanwhile in Cumberland, Maryland
Cumberland, Maryland
Cumberland is a city in the far western, Appalachian portion of Maryland, United States. It is the county seat of Allegany County, and the primary city of the Cumberland, MD-WV Metropolitan Statistical Area. At the 2010 census, the city had a population of 20,859, and the metropolitan area had a...

, 12-year-old Joseph Francis Joy
Joseph Francis Joy
Joseph Francis Joy was born in the small mining town of Cumberland, Maryland. Joy is known for being an inventor. He accumulated 190 patents in his lifetime....

 went to work as a slate picker in a coal mine, eventually working underground with picks, hand-held drilling augurs and shovels to load coal into rail-mounted cars. By 1903, 20-year-old Joe Joy was learning mechanical engineering
Mechanical engineering
Mechanical engineering is a discipline of engineering that applies the principles of physics and materials science for analysis, design, manufacturing, and maintenance of mechanical systems. It is the branch of engineering that involves the production and usage of heat and mechanical power for the...

 via a mail-order course and tinkering with ideas for mechanizing the coal-mining process. Joy’s designs attracted no interest from underground coal mines at first, but the Pittsburgh Coal Company in 1916 saw the potential productivity gains that might be obtained by investing in a Joy gathering-arm type loader. Joy earned a U.S. patent on his device in 1919 and launched a business that would become Joy Mining Machinery that same year.

Back in Milwaukee, the Pawling & Harnischfeger business had become known as Harnischfeger Corporation following the death of Alonzo Pawling in 1911. By the mid 1920s, the firm had become a large and growing supplier of crawler-mounted shovels and cranes applied to construction
Construction
In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...

 and mining operations – all bearing the familiar “P&H” trademark that had become synonymous with exceptional quality and service value established by Pawling & Harnischfeger. Over the ensuing decades, P&H-trademark shovels and cranes would grow in size, capacity and drives and controls technology. The firm expanded its product line with the onset of the Great Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

, adding welding
Welding
Welding is a fabrication or sculptural process that joins materials, usually metals or thermoplastics, by causing coalescence. This is often done by melting the workpieces and adding a filler material to form a pool of molten material that cools to become a strong joint, with pressure sometimes...

 machinery, diesel engines and prefabricated homes to its P&H line of shovels and cranes.

By the 1960s and 70s however, the firm had divested its welding, diesel engines and prefabricated homes businesses in order to concentrate on its strongest product lines that included construction and mining machines as well as overhead cranes, hoists and material handing systems. Recessions in the 1970s and 80s led the firm to shift its strategic focus to include pulp
Pulp (paper)
Pulp is a lignocellulosic fibrous material prepared by chemically or mechanically separating cellulose fibres from wood, fibre crops or waste paper. Wood pulp is the most common raw material in papermaking.-History:...

 and papermaking machinery and systems as well as computer systems applied to military and aerospace systems.

What had begun as the Pawling & Harnischfeger Machine and Pattern Shop in 1884 would evolve in 1983 into a conglomerate corporation known as Harnischfeger Industries, Inc. Harnischfeger Industries acquired a pulp and papermaking firm known as the Beloit Corporation in 1986, followed by acquisition of Washington DC-based computer systems supplier Syscon Corporation later that same year. In 1995, the firm acquired Joy Mining Machinery
Joy Mining Machinery
Joy Mining Machinery is a manufacturer of surface and underground mining machinery based in Warrendale, Pennsylvania, United States. They are an operating subsidiary of Joy Global Inc.-Parent Company Overview:...

, by then a leading supplier of underground mining equipment based in Franklin, Pennsylvania founded in 1919 by Joseph Francis Joy.
Harnischfeger Industries divested the P&H overhead cranes and hoist business in 1997. That business continues with P&H-trademark cranes
Crane (machine)
A crane is a type of machine, generally equipped with a hoist, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of...

 and hoists supplied and supported by Morris Material Handling Inc. based in Oak Creek, Wisconsin USA. Morris Material Handling was acquired as of December 31, 2009 by Konecranes, Inc., a Finland-based supplier of cranes and service support for industrial applications worldwide.

Also in 1997, a currency devaluation crisis in Southeast Asia (1997 Asian Financial Crisis) led to the collapse of a major paper manufacturing business based in Indonesia and the subsequent default on numerous contracts valued in excess of US$5.25 billion for equipment and infrastructure systems ordered for a major capacity expansion. One of those contracts valued in excess of US$250 million was held by Harnischfeger Industries’ Beloit Corporation subsidiary. Harnischfeger Industries entered Chapter 11 U.S. Bankruptcy Code. protection and restructuring following the Beloit Corporation collapse in the wake of the Southeast Asian currency crisis.

Joy Global Inc. became the direct successor to Harnischfeger Industries, Inc. upon emergence from the Chapter 11 financial restructuring process on July 12, 2001. Joy Global would go forward as a supplier of equipment and life cycle management service support solutions for the global mining industry through its subsidiaries P&H Mining Equipment concentrating on surface mining operations and Joy Mining Machinery
Joy Mining Machinery
Joy Mining Machinery is a manufacturer of surface and underground mining machinery based in Warrendale, Pennsylvania, United States. They are an operating subsidiary of Joy Global Inc.-Parent Company Overview:...

 focusing on underground mining operations.

Takeover of LeTourneau Technologies

In May 2011 Joy Global initiated the acquisition of LeTourneau Technogies, Inc., the mining equipment and drilling systems business unit of Rowan Companies, Inc. The acquisition, completed on June 22nd, will expand the scope of Joy Global by adding high-capacity LeTourneau front-end loaders for mining operations. In August 2011, Joy Global announced it would divest the LeTourneau drilling products business to Cameron International Corp. with the proceeds from that transaction being applied to acquire Chinese mining equipment maker International Mining Machinery Holdings Ltd.

Stake in China’s International Mining Machinery

In July 2011 Joy Global announced it would acquire a 41 percent stake in International Mining Machinery Holdings Ltd. (ICMHF) for US $585 million with plans to obtain the remaining shares of the China-based mining equipment manufacturer through a tender offer. Acquisition of International Mining provides Joy Global with expanded access to China’s coal-mining machinery market. International Mining is one of China’s biggest manufacturers of long-wall mining shears for extracting coal from underground mines. In late July 2011, Joy Global announced that it acquired more shares of International Mining amounting to 10.5 percent of the total shares outstanding. Joy Global’s planned acquisition of International Mining Machinery Holdings is contingent on the approval of China’s Anti-Monopoly Bureau of the government’s Ministry of Commerce.

Key dates and events
  • 1893
    • Westinghouse Electric Company buys their main competition the Gibbs Electric Company; Pauling and Harnischfeger were then able to acquire all of Gibbs' machinery for making motors and controls and use that technology to help them create AC and DC controls ideal for their cranes.
    • Bank panic hinders the crane business forcing P&H to enter the digging machines market in an effort to expand their customer base. The pavement cutter was the first in a long line of surface mining products.
  • 1914: Pawling dies; P&H Mining is renamed Harnischfeger Corp.
  • 1910: Harnischfeger Corp. launches earth moving machinery line, starting with trenchers and eventually including power shovels and draglines.
  • 1956: Harnischfeger Corp. stock is listed on the American Exchange.
  • 1999: Harnischfeger Corp. seeks bankruptcy court protection
  • 1986/2001: Harnischfeger acquires papermaking machinery company Beloit Corporation for $175 million dollars and auctions off the subsidiary in pieces in 2001 as part of its financial reorganization.

Business Overview

Underground mining machinery

Joy Mining Machinery
Joy Mining Machinery
Joy Mining Machinery is a manufacturer of surface and underground mining machinery based in Warrendale, Pennsylvania, United States. They are an operating subsidiary of Joy Global Inc.-Parent Company Overview:...

 (Joy) is the world’s largest producer of high productivity underground mining machinery for the extraction of coal and other bedded materials including trona
Trona
Trona ; Na3•2H2O is an evaporite mineral. It is mined as the primary source of sodium carbonate in the United States, where it has replaced the Solvay process used in most of the rest of the world for sodium carbonate production.- Etymology :The word "trona" comes to English by way of either...

 and salt
Salt
In chemistry, salts are ionic compounds that result from the neutralization reaction of an acid and a base. They are composed of cations and anions so that the product is electrically neutral...

. Joy operates major support facilities in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

, South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...

, United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

 and the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, with sales offices and service facilities in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

, Poland
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...

 and Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 – all near or within major underground mining regions.

Joy products include:
  • Continuous miners – electric, self-propelled digging machines that cut material using carbide-tipped bits on a horizontal rotating drum. Once cut, the material such as coal is gathered onto an internal conveyor and loaded into a haulage vehicle or continuous haulage system for transportation to the main coal load-out conveyor belt.

  • Longwall shearers – a material-cutting machine that moves back and forth on an armored face conveyor running parallel to the coal or other material being mined. Using carbide-tipped bits on cutting drums at each end, the shearer cuts a 1.2-meter to 6.5-meter swath of material on each pass of longwall mining
    Longwall mining
    Longwall mining is a form of underground coal mining where a long wall of coal is mined in a single slice . The longwall panel is typically 3–4 km long and 250–400 m wide....

     and simultaneously loads the material onto the armored face conveyor for transport to the main material load-out conveyor belt.

  • Powered roof supports – to provide an open work space shielded against mine roof collapse, roof supports use powerful hydraulic cylinders to elevate and hold strong, thick steel plates in a horizontal position to protect the longwall shearer and armored face conveyor. The supports advance with the longwall shearer and armored face conveyor units, resulting in controlled roof falls behind the supports. A longwall face may range up to 400 meters in length.

  • Armored face conveyors – material handling conveyors that transport material cut by the shearer away from the longwall face.

  • Shuttle cars – low-profile, electric-powered, rubber-tire material haulage vehicles that transport up to 22 metric tons of coal and other material from continuous miners to the main mine run-out conveyor belt, discharging their material loads with the help of on-board chain conveyors.

  • Flexible conveyor trains – electric-powered, self-propelled conveyor systems available in lengths up to 570 feet / 174 meters and capable of being configured into multiple 90-degree turns to help move material out of an underground mine operation.

  • Roof bolters – drilling rigs that bore holes into an underground mine roof, making possible the insertion of long metal bolts to help reinforce the mine roof.

  • Battery haulers – battery-powered material haulage cars similar to shuttle cars.

  • Continuous haulage systems – unlike the pulsed, batch load throughput made possible by usage of shuttle cars and battery haulers, continuous haulage systems feature a connected series of bridge structures that utilize chain conveyors to obtain continuous throughput of material from the mine face to the main mine load-out conveyor belts.


Joy Mining Machinery
Joy Mining Machinery
Joy Mining Machinery is a manufacturer of surface and underground mining machinery based in Warrendale, Pennsylvania, United States. They are an operating subsidiary of Joy Global Inc.-Parent Company Overview:...

 operates a global network of service centers and warehouses to help underground mining operations obtain high levels of equipment and mining systems reliability and productivity. Joy applies a “life cycle management” strategy to help optimize the utility and potential life of the equipment it designs, builds and supports for underground mining operations, all of which pursue a high-efficiency, high-throughput strategy to obtain lowest-possible cost-per-ton production of coal, salt, trona and other materials. Life cycle management support includes 24/7 emergency repairs as well as preventive maintenance, performance-enhancing upgrades, rebuilds and relocations, and also remote health monitoring systems aimed at minimizing machine downtime through rapid diagnosis and correction of equipment faults and breakdowns.

Surface mining equipment

P&H Mining Equipment is one of the leading suppliers of equipment and service support to the global surface mining
Surface mining
Surface mining , is a type of mining in which soil and rock overlying the mineral deposit are removed...

 industry. P&H shovels, drills and draglines are applied to copper, coal, iron ore, oil sands, gold, phosphates, molybdenum
Molybdenum
Molybdenum , is a Group 6 chemical element with the symbol Mo and atomic number 42. The name is from Neo-Latin Molybdaenum, from Ancient Greek , meaning lead, itself proposed as a loanword from Anatolian Luvian and Lydian languages, since its ores were confused with lead ores...

 and diamond mining operations.

P&H Mining
P&H Mining
P&H Mining Equipment designs, builds and supports a line of drilling and material handling machinery marketed under the "P&H" trademark and applied to minerals and energy surface mining operations worldwide. The firm is an operating subsidiary of Joy Global Inc.- Parent Company Overview :Joy...

 products include:
  • Electric mining shovels – with working weights in excess of 1,645 tons / 1,492 metric tons and powered by large, high-efficiency electric motors linked to planetary and case-type transmissions, P&H electric bring powerful hoist, crowd, swing and propel forces to the task of moving up to 120 tons / 109 metric tons of material every 30 seconds from the mine face into the waiting tray of a nearby haul truck or in-pit crushing-conveying system hopper. P&H shovel dippers range in size from 12 cubic yards / 9 cubic meters up to 82 cubic yards / 63 cubic meters.

  • Blast hole drilling rigs – hard rock formations are typically found within surface mining operations and they must undergo drilling and blasting in order to fragment the rock for easier digging, crushing and refining processes within the mine operation. P&H blast hole drilling rigs apply either electricity or diesel power to obtain three forces needed to advance a tri-cone drill bit into hard rock: “pulldown” or downward bit-loading force, high-torque rotary force, and large volumes of “bailing air” needed to cool the tri-cone bit and evacuate or push rock chips, particles and dust toward the top of the tubular blast hole. When a grid of blast holes has been drilled, each hole is loaded with explosives and then carefully detonated in order to shatter and fragment the rock formation with a high-energy shock wave. Drills typically work ahead of advancing shovel-truck fleets in surface mine operations.

  • Walking draglines – with working weights in excess of 6,000 tons / 5,440 metric tons and powered by large electric motors, a dragline excavator
    Dragline excavator
    A dragline excavator is a piece of heavy equipment used in civil engineering and surface mining.In civil engineering the smaller types are used for road, port construction, and as pile driving rigs. The larger types are used in strip-mining operations to move overburden above coal, and for...

     is among the largest and most cost-efficient earth moving machines available to the surface mining industry. Perched on large, flat, cylindrical steel “tubs” and equipped with football field-length booms and buckets large enough to hold several sport utility vehicles, walking draglines use hoist, swing and drag forces to cast their buckets out to the next targeted area from which earth needs to be gathered up and moved. They then apply inward “drag” force to quickly load the bucket, and then hoist and swing forces to cast-dump the material onto a nearby spoil pile. Draglines are used primarily to strip large volumes of overburden away from thick seams of coal. They are also a prime mover in phosphate mining operations.


In-pit crushing-conveying systems – as surface mines become deeper and wider over many years of operations, the costs associated with using haul trucks to move material can escalate to inflict rising cost pressures on mine cost structures. To provide surface mines with a cost-reducing material handling alternative to haul truck-based operations, P&H is developing in-pit crushing-conveying systems that enable shovels to load a mobile mining crusher with material. That material is then relayed via a series of conveyors to spoil piles elsewhere in coal mine operations before the mine taps those spoil piles later on to reclaim mined lands, restoring them to their former topographic contours, foliage and native wildlife ecosystems.

P&H Mining Equipment continues a fundamental business principle intact since the firm began operations in 1884 with a global network of P&H MinePro
P&H MinePro
Created in 1996, P&H MinePro Services is the global distribution and support arm of P&H Mining Equipment, with offices in Australia, Brazil, Canada, Chile, China, India, Indonesia, Mexico, Peru, Russia, South, Africa, United Kingdom, United States, and Venezuela. P&H MinePro is a primary sales...

 Services mine operations service support workshops, warehouses and teams of mechanics, electricians and welders. MinePro provides a full range of life cycle management support for P&H and other brands of mining equipment, aimed at optimizing the useful potential life of equipment applied to surface mine operations.

Crushing and conveying equipment
Joy Global Inc. in 2008 acquired N.E.S. Investment Co. and its wholly owned subsidiary, Continental Crushing & Conveying or “CCC” – a supplier of material crushing and conveying systems applied to coal, aggregates and other surface mining operations. Joy Global in 2009 combined CCC into the Joy Mining Machinery operating subsidiary, and the crushing and conveying equipment and systems designed and built within the former CCC operations are applied to both Joy Mining Machinery underground equipment as well as P&H Mining Equipment surface mining equipment product combinations and system solutions.

Products

  • Underground mining
    Coal mining
    The goal of coal mining is to obtain coal from the ground. Coal is valued for its energy content, and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production. In the United States,...

     equipment (new, used and equipment parts)
    • continuous miners
      Room and pillar
      Room and pillar is a mining system in which the mined material is extracted across a horizontal plane while leaving "pillars" of untouched material to support the roof overburden leaving open areas or "rooms" underground...

      , longwall shearers
      Anderton Shearer
      The Anderton Shearer Loader is a coal cutting machine which has been used in the UK coal industry since the 1950s. The Anderton Power Loader with its cutting drum up to five feet in diameter was patented in 1953...

      , powered roof supports, armored face conveyors, shuttle cars, flexible conveyor trains, roof bolters, battery haulers, continuous haulage system

  • Surface mining equipment (new used and equipment parts)
    • electric mining shovels, walking draglines
      Dragline excavator
      A dragline excavator is a piece of heavy equipment used in civil engineering and surface mining.In civil engineering the smaller types are used for road, port construction, and as pile driving rigs. The larger types are used in strip-mining operations to move overburden above coal, and for...

      , rotary blasthole drills
      Drilling rig
      A drilling rig is a machine which creates holes or shafts in the ground. Drilling rigs can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person...


  • Continental Crushing and Conveying
    • feeder breakers, conveyor system
      Conveyor system
      A conveyor system is a common piece of mechanical handling equipment that moves materials from one location to another. Conveyors are especially useful in applications involving the transportation of heavy or bulky materials...

      s, high angle conveyors

  • Services
    • logistics
      Logistics
      Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...

      , life cycle management support
      Product life cycle management
      Product life-cycle management is the succession of strategies used by business management as a product goes through its life-cycle. The conditions in which a product is sold changes over time and must be managed as it moves through its succession of stages.Product life-cycle Like human beings,...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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