How to beat the compition from China, India & Japan
It is no secret that in the last twenty years an enormous amount of manufacturing has moved away from the US and Europe to countries such as China, Korea, Mexico and India. The driving force behind this transition was the abundant supply of cheap labor in these countries.
Recently, however, there have been a number of very interesting trends that I believe will impact the manufacturing landscape in the future.
So it is my opinion that all the above factors will lead to a resurgence of manufacturing in the US and Europe, but there is a catch here.
In order to compete in the new world market place, US and European manufacturers will have to put the building blocks in place that will enable them to deliver high levels of service built on speed and flexibility.
Chances are that consultants who claim to be neutral are either not telling the truth or they are unable to help you at the detail level. Either way this is not someone you want as a partner.
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