Complex sentence: The term manufacturing has a well known meaning when referring to the industrial processes used to create tangible goods, and a distinguishing feature of their methodology is that it applies methods of production, distribution and funding used for tangible products to intangible software.
Split into simpler sentences: The term manufacturing has a well known meaning when referring to the industrial processes used to create tangible goods. One distinguishing feature of their methodology is that it applies methods of production, distribution and funding used for tangible products to intangible software.