Glossary F
Deutsch: Schwungrad / Español: volante de inercia / Português: volante de inércia / Français: volant d'inertie / Italiano: volano
A flywheel in the industrial context refers to a mechanical device designed to store rotational energy and maintain consistent energy output in machinery. It is typically a heavy, rotating wheel mounted on an axis that can accumulate and release energy as needed, helping to stabilize the speed of machinery and reduce fluctuations in power.
Deutsch: Foxconn / Español: Foxconn / Português: Foxconn / Français: Foxconn / Italiano: Foxconn
Foxconn is a multinational electronics manufacturing company formally known as Hon Hai Precision Industry Co., Ltd. Based in Taiwan, it is one of the largest contract manufacturers in the world and a key player in the industrial and technology sectors. Foxconn is renowned for assembling products for major technology companies, including Apple, Sony, and Microsoft, contributing significantly to the global supply chain.
Deutsch: Drehpunkt / Español: Punto de apoyo / Português: Ponto de apoio / Français: Pivot / Italiano: Fulcro
Fulcrum refers to the pivot point or support around which a lever rotates or balances. In the industrial context, the fulcrum is a critical component in the design and operation of mechanical systems, tools, and machinery, enabling the effective transfer and amplification of force.
Deutsch: Flussdiagramm / Español: Diagrama de flujo / Português: Fluxograma / Français: Organigramme / Italiano: Diagramma di flusso
A flowchart is a visual representation used to map out the steps, processes, or workflows within an industrial or business context. It uses various symbols like arrows, rectangles, and diamonds to represent actions, decisions, inputs, and outputs, making it easier to understand complex systems, improve efficiency, and communicate processes within an organisation.
Deutsch: Prognose / Español: Pronóstico / Português: Previsão / Français: Prévision / Italiano: Previsione
Forecast in the industrial context refers to the process of predicting future trends, demands, or operational needs based on historical data, market analysis, and statistical methods. Forecasting is crucial in industries to anticipate product demand, resource needs, financial performance, and potential disruptions. Accurate forecasts enable companies to optimize their production schedules, supply chain operations, inventory management, and financial planning, leading to improved efficiency, cost savings, and competitiveness.
Deutsch: Finanzanalyse / Español: Análisis Financiero / Português: Análise Financeira / Français: Analyse Financière / Italiano: Analisi Finanziaria
Financial Analysis in the industrial context refers to the process of evaluating the financial health, performance, and viability of a company or industrial project through the interpretation of financial data. This involves analysing financial statements, cash flows, profitability, investment returns, and cost structures to support decision-making, enhance efficiency, and ensure long-term sustainability. In industries such as manufacturing, energy, construction, and logistics, financial analysis is crucial for budgeting, forecasting, investment decisions, cost management, and maintaining operational stability.
Deutsch: Rauchgasentschwefelung / Español: Desulfuración de Gases de Combustión / Português: Dessulfurização de Gases de Combustão / Français: Désulfuration des Gaz de Fumée / Italiano: Desolforazione dei Gas di Combustione
Flue Gas Desulfurization (FGD) is an industrial process used to remove sulfur dioxide (SO₂) from the exhaust flue gases produced by fossil fuel power plants, industrial boilers, and other sources that burn sulfur-containing fuels such as coal, oil, or heavy industrial waste. This process is critical for reducing air pollution, improving air quality, and ensuring compliance with environmental regulations. FGD systems are commonly used in power generation, chemical production, and other industries that release large amounts of sulfur dioxide, a major contributor to acid rain.
Deutsch: Finanzielles Risiko / Español: Riesgo Financiero / Português: Risco Financeiro / Français: Risque Financier / Italiano: Rischio Finanziario
Financial Risk in the industrial context refers to the potential for monetary losses that businesses face due to various internal and external factors affecting their operations, financial stability, and market conditions. These risks can arise from fluctuations in currency exchange rates, interest rates, commodity prices, credit defaults, operational inefficiencies, or disruptions in supply chains. Effective management of financial risk is crucial for maintaining the financial health of industrial companies and ensuring long-term sustainability, especially in capital-intensive industries like manufacturing, energy, and construction.