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U.S. Manufacturing Could See a Strong Comeback with Lean Techniques

Made in America – Is U.S. Manufacturing poised for a strong comeback? Over the holidays I had the chance to catch up on some reading.  One of the articles I read is really worth noting for manufacturing companies in the United Sates.   The tepper Magazine from the Tepper School of Business at Carnegie Mellon University contains the article “Made In America – Is U.S. Manufacturing poised for a strong comeback?” The insightful article suggests that this resurgence may be due to several key factors; Higher labor costs overseas have narrowed the wage gap with the U.S Offshore operations may be risker; foreign import/export complications may add cost and delays Higher shipping costs erode many cost advantages Marketing “Made in America” can have distinct advantages in many markets Incorporating Lean manufacturing techniques can make domestic manufacturing more competitive than “off shore” production.  “Lean Manufacturing can help re-shoring production drastically” While the article suggests that Lean Manufacturing techniques are a key component to keeping domestic production competitive, it also notes that many companies resist lean applications due to a lack of understanding and fear of discovering just how much waste is in the current operations.  “Discovering almost all of your processes are [...]

By | 2017-01-01T11:25:04+00:00 December 22nd, 2015|Lean Learning Center|Comments Off on U.S. Manufacturing Could See a Strong Comeback with Lean Techniques