Manufacturing is a Prerequisite to a Sustainable Economy

There is a thought provoking article in the Financial Times, June 11th, on the future of manufacturing. The url is:

http://www.ft.com/cms/s/0/dd9634d0-affd-11e1-ad0b-00144feabdc0.html#axzz1xTixdFLt

There are 7 ingredients seen as important in establishing a strongly viable approach in high labour cost countries. These are:

  1. Cluster Dynamics (sharing technical understanding across companies and within the supply chain)
  2. Niche Thinking (recognising that ’boutique’ suppliers with specific know-how and technology will play a greater part)
  3. Industrial Democracy (more choice of country to base in – the differentiator is going to be how a nation meets the need)
  4. Personalised Production (making very short runs, bespoke to the individual client, yet being highly efficient)
  5. Networked Manufacturing (using the supply chain’s knowledge base more effectively, spotting trends and controlling cost)
  6.  Environmental Pressures (adapting to the approach holistically – marketing, product and technical development)
  7. Technological Acceleration (developing new technologies and adapting them from other sectors or markets)

This represents just the kind of change that interim professionals are there to help organisations transform to successfully.

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