Question

In: Operations Management

Discuss how the innovations in production and management pioneered by Francis Cabot Lowell – the New...

Discuss how the innovations in production and management pioneered by Francis Cabot Lowell – the New England merchant – fostered the emergence of large-scale manufacturing and the Industrial Revolution in the US.

Solutions

Expert Solution

The industrial Revolution in America commenced in the 18th century. This indicated the transformation of the manufacturing industry from manual labor to automated production. Its beginning can be traced to the introduction of British model of textile manufacturing in US.

Francis Cabot Lowell was an American merchant who was one of the main factors after Samuel Slater who influenced the country to develop their textile industry. He introduced “The Factory System” where by large scale production was carried out with reduced investment in the manual labor. America was backward in manufacturing and trading as they relied on their imports from Europe with whom they were engaged in political rivalry

Mr. Francis concentrated on importing raw materials from various countries and manufacture the goods in Boston where he had set up the dock for the products to be unloaded. For Eg: he used to important cotton from India and silk from China and molasses from Caribbean islands for his distilling factory.

He travelled to Europe to learn about France, Spain and Great Britain and their trade practises. Great Britain was a pioneer in textile industry in that period. He memorised the functioning and the system of the textile looms in Scotland and used these models as the basis to design his first textile factory in Boston. He set up an 'integrated' system where all the operations which converted the raw cotton into the final product could be performed in the same building. The Lowells system concentrated on efficient machinery and efficecient management of labour resources giving importance to moral and ethical conduct.

Mr. Lowell’s machinery used the power of running water instead of manual peddling which increased the speed of the process a 1000 manifold and saved manual labor. This machinery is considered to be the most important invention during industrial revolution. He focused on mass production.

His management of the human resources also led to the success of his business and changed the labor policies of the country eventually. In order to solve the problem of labor he hired women who were experienced in spinning and weaving from their home. Due to the efficiency of his machines, it did not require the labourer’s strength to run them. Hence these women were able to manage the machinery and worked at cheaper wages than their male counterparts.


Related Solutions

discuss the role of innovations in accounting
discuss the role of innovations in accounting
Discuss how the impact of technological innovations in such things as transportation, housing, communications, and /...
Discuss how the impact of technological innovations in such things as transportation, housing, communications, and / or public utilities (where utilities can include such things as water, sanitation, and electricity) have reshaped and redefined American cities over the years (and it can be over a great many years).
Discuss the differences between the product life cycle and the diffusion (adoption of innovations concepts). How...
Discuss the differences between the product life cycle and the diffusion (adoption of innovations concepts). How does the marketing mix change with each stage of these processes?
The president of Lowell Inc. has asked you to evaluate the proposed acquisition of a new...
The president of Lowell Inc. has asked you to evaluate the proposed acquisition of a new computer. The computer's price is $60,000, and it falls into the MACRS 3-year class (33% in year 1, 45% in year 2, 15% in year 3, and 7% in year 4). Purchase of the computer would require an increase in net operating working capital of $2,000. The computer would increase the firm's before-tax revenues by $20,000 per year but would also increase operating costs...
1. A single firm’s innovations in production technology often benefit the production of other firms because...
1. A single firm’s innovations in production technology often benefit the production of other firms because these other firms learn about the new technology and can use some of the ideas in their own production. Is there an externality here? How would an economist rank the following two policies in this situation? Why? A tariff on imports, to make sure that domestic production using the new technology occurs. A subsidy to domestic production, to make sure that domestic production using...
Discuss how to think through the ethical implications of using a new operations management technique to...
Discuss how to think through the ethical implications of using a new operations management technique to improve organizational performance.
We are analyzing the market for hybrid cars after innovations in the production of batteries (an...
We are analyzing the market for hybrid cars after innovations in the production of batteries (an input in the production of hybrid cars). Which of the following must be true? (I) In the market for hybrid cars, supply increases while demand stays the same. (II) The equilibrium price and the equilibrium quantity of hybrid cars increase. (a) Only I is true. (b) Only II is true. (c) Both are true. (d) Neither is true.
1. Discuss the various technological innovations that occurred during the period 1900-1950. 2- How and why...
1. Discuss the various technological innovations that occurred during the period 1900-1950. 2- How and why did political evolution of Mexico, Argentina, and Brazil, differ from each other?
Lowell Flooring has assigned a discount rate of 15.2 percent to a new project that has...
Lowell Flooring has assigned a discount rate of 15.2 percent to a new project that has an initial cost of $285,400 and cash flows of $87,400, $98,300, and $131,700 for Years 1 to 3, respectively. What is the net present value of this project?
What innovations or new technologies will drive these world‐changing opportunities?
What innovations or new technologies will drive these world‐changing opportunities?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT