In my previous blog, “Made in the USA, again,” I discussed a report from BCG which claimed that by “by 2015 manufacturing in some parts of the US will be just as economical as manufacturing in China.” While this may sound very encouraging, 2015 may be a bit overly-optimistic. Even one of my colleagues tweeted about my blog: “2015 seems too early and not sure I agree.”
This issue, and BCG’s report, were reported recently in my favorite magazine (I know, I know — they refer to themselves as a “newspaper”), The Economist. Read More »
Tags: BCG, Cisco, inventory costs, labor arbitrage, Made in America, supply chain, US manufacturing, yuan
The challenges facing the US manufacturing industry are varied and well-known: foreign competition, regulatory and environmental concerns, and a decline in STEM education, to name a few.
Most of what we hear in the news is a continual stream of reminders of these challenges from politicians, pundits, etc. Everyone seems to acknowledge this is a problem, but what are we going to do about it?
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Tags: Cisco, crowdsourcing, Manufacturing, manufacturing 2.0, social media, stem, US manufacturing