--- title: "Meaning & Key Takeaway of: 4. Manufacturing is not buying low and…" description: "\"“4. Manufacturing is not buying low and selling high. It is the process of buying materials fairly and, with the smallest possible addition of cost, tr..." image: "https://sms4smile.com/quotes/i/08b/henry-ford-492_manufacturing_4-manufacturing-is-not-buying-low-and-se_806592.png" --- # 4. Manufacturing is not buying low and selling high. It is… ![“4. Manufacturing is not buying low and selling high. It is the process of buying materials fairly and, with the smallest possible addition of cost, transforming those materials into a consumable product and giving it to the consumer. Gambling, speculating, and sharp dealing, tend only to clog this…” quote by Henry Ford](https://sms4smile.com/quotes/i/08b/henry-ford-492_manufacturing_4-manufacturing-is-not-buying-low-and-se_806592.png) [Download](https://sms4smile.com/quotes/i/08b/henry-ford-492_manufacturing_4-manufacturing-is-not-buying-low-and-se_806592.png) [Open image](https://sms4smile.com/quotes/i/08b/henry-ford-492_manufacturing_4-manufacturing-is-not-buying-low-and-se_806592.png) > ““4. Manufacturing is not buying low and selling high. It is the process of buying materials fairly and, with the smallest possible addition of cost, transforming those materials into a consumable product and giving it to the consumer. Gambling, speculating, and sharp dealing, tend only to clog this progression.”” [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Manufacturing is fair sourcing and efficient transformation, not profit‑driven speculation. **In simple terms:** Manufacturing should add value responsibly. Key Takeaway Prioritize ethical sourcing and cost‑effective production. Themes ethics economics production value creation Mood thoughtful pragmatic Type business ethical When to use this quote - supply chain management - product development - business strategy Key Concepts fair trade lean manufacturing cost control Questions to Reflect On - How can you balance cost reduction with sustainability? - What measures ensure fair material sourcing? A Different Perspective Profit focus can ignore environmental impact. ★ ★ ★ ★ ★ No ratings yet [Buying Low](https://sms4smile.com/quotes/about/buying-low-1157622/) [Manufacturing](https://sms4smile.com/quotes/about/manufacturing/) [Manufacturing Buying](https://sms4smile.com/quotes/about/manufacturing-buying-6159311/) [Process Buying](https://sms4smile.com/quotes/about/process-buying-1758449/) [Selling High](https://sms4smile.com/quotes/about/selling-high-3947656/) ## Related quotes > [There are no bad days in the market. When the market is down, you've got bargains, and it's lovely to think of what you…](https://sms4smile.com/quotes/bruce-greenwald/there-are-no-bad-days-in-the-market-when-the-market-is-down-you-ve/) [Bruce Greenwald](https://sms4smile.com/quotes/author/bruce-greenwald/) > [Selling high or low doesn't mean anything. It has to do purely with the market.](https://sms4smile.com/quotes/ai-weiwei/selling-high-or-low-doesn-t-mean-anything-it-has-to-do-purely-with/) [Ai Weiwei](https://sms4smile.com/quotes/author/ai-weiwei/) > [Fortunes are made by buying low and selling too soon.](https://sms4smile.com/quotes/nathan-rothschild-1st-baron-rothschild/fortunes-are-made-by-buying-low-and-selling-too-soon/) [Nathan Rothschild, 1st Baron Rothschild](https://sms4smile.com/quotes/author/nathan-rothschild-1st-baron-rothschild/) > [I am proud that my humble attempts to predict Tuesday’s prices on Monday are an indispensable component of our society. By buying low and…](https://sms4smile.com/quotes/victor-niederhoffer/i-am-proud-that-my-humble-attempts-to-predict-tuesday-s-prices-on/) [Victor Niederhoffer](https://sms4smile.com/quotes/author/victor-niederhoffer/) > [I don't like going into stores, I don't like the whole process of buying things.](https://sms4smile.com/quotes/john-c-bogle/i-don-t-like-going-into-stores-i-don-t-like-the-whole-process-of/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [“I started the business with a simple question: How can we make the process of buying a computer better? The answer was: Sell computers…](https://sms4smile.com/quotes/michael-dell/i-started-the-business-with-a-simple-question-how-can-we-make-the/) [Michael Dell](https://sms4smile.com/quotes/author/michael-dell/) > [Time waste differs from material waste in that there can be no salvage. The easiest of all wastes and the hardest to correct is…](https://sms4smile.com/quotes/henry-ford/time-waste-differs-from-material-waste-in-that-there-can-be-no/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [America has lost one-third of its manufacturing jobs since NAFTA, a deal signed by Bill Clinton and supported strongly by Hillary Clinton. And by…](https://sms4smile.com/quotes/donald-trump/america-has-lost-one-third-of-its-manufacturing-jobs-since-nafta-a/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [If people in the media cannot decide whether they are in the business of reporting news or manufacturing propaganda, it is all the more…](https://sms4smile.com/quotes/thomas-sowell/if-people-in-the-media-cannot-decide-whether-they-are-in-the-business/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [If you talk privately to our tech companies, our pharmaceutical companies, our high-end manufacturing companies, the high end of America, where the good-paying jobs…](https://sms4smile.com/quotes/charles-schumer/if-you-talk-privately-to-our-tech-companies-our-pharmaceutical/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [I designed a guitar for Ibanez and then they started manufacturing it - it's called the Jem - it's 26 years old and I…](https://sms4smile.com/quotes/steve-vai/i-designed-a-guitar-for-ibanez-and-then-they-started-manufacturing-it/) [Steve Vai](https://sms4smile.com/quotes/author/steve-vai/) > [Building on our successful partnership, we can now bring together the best of Microsoft's software engineering with the best of Nokia's product engineering, award-winning…](https://sms4smile.com/quotes/stephen-elop/building-on-our-successful-partnership-we-can-now-bring-together-the/) [Stephen Elop](https://sms4smile.com/quotes/author/stephen-elop/) > [By saying Make in India, we are not only inviting companies for cost-effective manufacturing, but also giving them an opportunity of a large market…](https://sms4smile.com/quotes/narendra-modi/by-saying-make-in-india-we-are-not-only-inviting-companies-for-cost/) [Narendra Modi](https://sms4smile.com/quotes/author/narendra-modi/) > [The US has developed two coordinate governing classes: the one, called 'business,' building cities, manufacturing and distributing goods, and holding complete and autocratic power…](https://sms4smile.com/quotes/thurman-arnold/the-us-has-developed-two-coordinate-governing-classes-the-one-called/) [Thurman Arnold](https://sms4smile.com/quotes/author/thurman-arnold/) > [Batley and Spen has a high proportion of people working in manufacturing, and we can boast the full range of industries, including high-skilled, precision…](https://sms4smile.com/quotes/jo-cox/batley-and-spen-has-a-high-proportion-of-people-working-in/) [Jo Cox](https://sms4smile.com/quotes/author/jo-cox/) ## More by Henry Ford > [Enthusiasm is the yeast that makes your hopes shine to the stars. Enthusiasm is the sparkle in your eyes, the swing in your gait.…](https://sms4smile.com/quotes/henry-ford/enthusiasm-is-the-yeast-that-makes-your-hopes-shine-to-the-stars/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [These men of many nations must be taught American ways, the English language, and the right way to live.](https://sms4smile.com/quotes/henry-ford/these-men-of-many-nations-must-be-taught-american-ways-the-english/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [People are as happy as they choose to be.](https://sms4smile.com/quotes/henry-ford/people-are-as-happy-as-they-choose-to-be/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Those who stop marketing to save money are like those who stop a clock to save time.](https://sms4smile.com/quotes/henry-ford/those-who-stop-marketing-to-save-money-are-like-those-who-stop-a/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Quality means doing it right when no one is looking.](https://sms4smile.com/quotes/henry-ford/quality-means-doing-it-right-when-no-one-is-looking/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [A man's college and university degrees mean nothing to me until I see what he is able to do with them.](https://sms4smile.com/quotes/henry-ford/a-man-s-college-and-university-degrees-mean-nothing-to-me-until-i-see/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Don't find the fault, find the remedy](https://sms4smile.com/quotes/henry-ford/don-t-find-the-fault-find-the-remedy/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [A customer votes everyday with his dollar. Our job is make sure he votes for us.](https://sms4smile.com/quotes/henry-ford/a-customer-votes-everyday-with-his-dollar-our-job-is-make-sure-he/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Our clothing, our food, our household furnishings - all could be much simpler than they now are and at the same time be better…](https://sms4smile.com/quotes/henry-ford/our-clothing-our-food-our-household-furnishings-all-could-be-much/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [The time is coming when man will be able to determine the length of his lifespan by controlling his diet.](https://sms4smile.com/quotes/henry-ford/the-time-is-coming-when-man-will-be-able-to-determine-the-length-of/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [You can't build a reputation on what you're going to do. It's simple, fantasize, rehearse, then go out into the world and DO IT!](https://sms4smile.com/quotes/henry-ford/you-can-t-build-a-reputation-on-what-you-re-going-to-do-it-s-simple/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [There is no man living that can not do more than he thinks he can.](https://sms4smile.com/quotes/henry-ford/there-is-no-man-living-that-can-not-do-more-than-he-thinks-he-can/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [Without doubt, Thomas Edison is my greatest contemporary.](https://sms4smile.com/quotes/henry-ford/without-doubt-thomas-edison-is-my-greatest-contemporary/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [As long as we look to legislation to cure poverty or to abolish special privilege we are going to see poverty and special privilege…](https://sms4smile.com/quotes/henry-ford/as-long-as-we-look-to-legislation-to-cure-poverty-or-to-abolish/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [The time will come when man will know even what is going on in the other planets and perhaps be able to visit them.](https://sms4smile.com/quotes/henry-ford/the-time-will-come-when-man-will-know-even-what-is-going-on-in-the/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) [Explore all 517 Henry Ford quotes ](https://sms4smile.com/quotes/author/henry-ford/) ## More Manufacturing quotes > [Batley and Spen has a high proportion of people working in manufacturing, and we can boast the full range of industries, including high-skilled, precision…](https://sms4smile.com/quotes/jo-cox/batley-and-spen-has-a-high-proportion-of-people-working-in/) [Jo Cox](https://sms4smile.com/quotes/author/jo-cox/) > [The US has developed two coordinate governing classes: the one, called 'business,' building cities, manufacturing and distributing goods, and holding complete and autocratic power…](https://sms4smile.com/quotes/thurman-arnold/the-us-has-developed-two-coordinate-governing-classes-the-one-called/) [Thurman Arnold](https://sms4smile.com/quotes/author/thurman-arnold/) > [By saying Make in India, we are not only inviting companies for cost-effective manufacturing, but also giving them an opportunity of a large market…](https://sms4smile.com/quotes/narendra-modi/by-saying-make-in-india-we-are-not-only-inviting-companies-for-cost/) [Narendra Modi](https://sms4smile.com/quotes/author/narendra-modi/) > [Building on our successful partnership, we can now bring together the best of Microsoft's software engineering with the best of Nokia's product engineering, award-winning…](https://sms4smile.com/quotes/stephen-elop/building-on-our-successful-partnership-we-can-now-bring-together-the/) [Stephen Elop](https://sms4smile.com/quotes/author/stephen-elop/) > [I designed a guitar for Ibanez and then they started manufacturing it - it's called the Jem - it's 26 years old and I…](https://sms4smile.com/quotes/steve-vai/i-designed-a-guitar-for-ibanez-and-then-they-started-manufacturing-it/) [Steve Vai](https://sms4smile.com/quotes/author/steve-vai/) > [If you talk privately to our tech companies, our pharmaceutical companies, our high-end manufacturing companies, the high end of America, where the good-paying jobs…](https://sms4smile.com/quotes/charles-schumer/if-you-talk-privately-to-our-tech-companies-our-pharmaceutical/) [Charles Schumer](https://sms4smile.com/quotes/author/charles-schumer/) > [If people in the media cannot decide whether they are in the business of reporting news or manufacturing propaganda, it is all the more…](https://sms4smile.com/quotes/thomas-sowell/if-people-in-the-media-cannot-decide-whether-they-are-in-the-business/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [America has lost one-third of its manufacturing jobs since NAFTA, a deal signed by Bill Clinton and supported strongly by Hillary Clinton. And by…](https://sms4smile.com/quotes/donald-trump/america-has-lost-one-third-of-its-manufacturing-jobs-since-nafta-a/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Millions of Americans have paid into social security and deserve their full benefits. Pure and simple, Republicans are manufacturing a social security crisis that…](https://sms4smile.com/quotes/diane-watson/millions-of-americans-have-paid-into-social-security-and-deserve/) [Diane Watson](https://sms4smile.com/quotes/author/diane-watson/) > [People can buy the kind of things they consider as normal and take for granted because of globalization and trade and use of supply…](https://sms4smile.com/quotes/christine-lagarde/people-can-buy-the-kind-of-things-they-consider-as-normal-and-take/) [Christine Lagarde](https://sms4smile.com/quotes/author/christine-lagarde/) > [This is a government which is proposing to put at risk our manufacturing industry, to penalise struggling families, to make a tough situation worse…](https://sms4smile.com/quotes/tony-abbott/this-is-a-government-which-is-proposing-to-put-at-risk-our/) [Tony Abbott](https://sms4smile.com/quotes/author/tony-abbott/) > [ My very first venture was a national student magazine to try to campaign against the \[Vietnam\] War. And so I wanted to be an… ](https://sms4smile.com/quotes/richard-branson/my-very-first-venture-was-a-national-student-magazine-to-try-to/) [Richard Branson](https://sms4smile.com/quotes/author/richard-branson/) > [When you look at the number of nuclear power plants in China and India, we can't afford not to pursue similar alternative energy sources.…](https://sms4smile.com/quotes/bob-latta/when-you-look-at-the-number-of-nuclear-power-plants-in-china-and/) [Bob Latta](https://sms4smile.com/quotes/author/bob-latta/) > [It is a book for manufacturing companies that are fighting desperately for survival and that will go to any length to improve their factories…](https://sms4smile.com/quotes/hiroyuki-hirano/it-is-a-book-for-manufacturing-companies-that-are-fighting/) [Hiroyuki Hirano](https://sms4smile.com/quotes/author/hiroyuki-hirano/) > [For years, I have worked diligently to develop and implement a 21st century manufacturing strategy that will create jobs in the new clean energy…](https://sms4smile.com/quotes/debbie-stabenow/for-years-i-have-worked-diligently-to-develop-and-implement-a-21st/) [Debbie Stabenow](https://sms4smile.com/quotes/author/debbie-stabenow/) [Browse all 448 Manufacturing quotes ](https://sms4smile.com/quotes/about/manufacturing/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“4. 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