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Georgia Tech Cdc

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    • 1. The Four Pillars of Manufacturing Effectiveness ______________________________________________ Bill Canis The Manufacturing Institute October 15, 2008
    • 2. The Manufacturing Institute
      • Chairman : Robert Ratliff , founder and retired chairman, CEO and president, AGCO Inc.
      • Trustees : Caterpillar, Dow Chemical, General Electric, Procter & Gamble
      • Mission : as the NAM’s nonprofit arm, strengthen the manufacturing economy by--
        • Increasing the knowledge of and respect for our industry;
        • Creating and implementing human capital strategies.
    • 3. The Four Pillars of Manufacturing Effectiveness
        • Implementing innovation, including lean
        • Using available financial resources
        • Attracting skilled workers
        • Competing in the international marketplace
    • 4. The Manufacturing Foundation of the U.S. Economy
        • Engine of economic growth
        • Productivity
        • Total compensation
        • Innovation
        • Contribution to international trade
    • 5.  
    • 6. Manufacturing: An Engine of Growth
    • 7. Source: Commerce Department, Federal Reserve, NAM forecast GDP and Manufacturing Output
    • 8. Manufacturing: Productivity Powerhouse
    • 9. Manufacturing: Better Compensation
    • 10. Manufacturing: Jobs Multiplier }
    • 11. Manufacturing: U.S. Industrial R&D Outpaces Global Rivals
    • 12. Manufacturing: Strong Contributor to International Trade Manufacturing U.S. Economy Rest of Economy
    • 13. The Four Pillars of Manufacturing Effectiveness
        • Implementing innovation, including lean
        • Using available financial resources
        • Attracting skilled workers
        • Competing in the international marketplace
    • 14. The Four Pillars of Manufacturing Effectiveness
      • 1. Implementing innovation, including lean
    • 15. Lean Disparity Source: Industry Week
    • 16. Best Practices – Innovation
      • Require lean of your suppliers – Supplier Partnership Improvement Plan (SPIP)
      • Get the front end right – ensure customer requirements before starting production
      • Develop a culture of innovation
    • 17. The Four Pillars of Manufacturing Effectiveness
      • 2. Using available financial resources
    • 18. Best Practices: Financing
    • 19. Best Practices - Financing
      • Utilize local, state and federal government financing and tax programs
      • Protect your receivables through letters of credit or credit insurance
      • Establish relationships with accountants and lawyers in the destination country, who will then introduce you to the foreign banks
      • Consider outside investors not only as a capital resource but for deep industry and international expertise
    • 20. The Four Pillars of Manufacturing Effectiveness
      • 3. Attracting skilled workers
    • 21. Five major challenges to the future manufacturing workforce
          • accelerating technology
          • retirements
          • poor K-12 education
          • college or bust
          • industry image
    • 22. College or Bust
    • 23. Best Practices - Workforce
      • Invest 3% or more of payroll into training
      • Team up with other manufacturers, government and education to develop needed training programs
      • Establish internships
      • Start your own local Dream It. Do It. manufacturing careers campaign (www.dreamit-doit.com)
    • 24.
      • Dream It. Do It., San Antonio, TX
      • Dream It. Do It., Springfield, MO
      • Dream It. Do It., So Central Pennsylvania
      • Dream It. Do It., Minnesota
      • Dream It. Do It., Jamestown, New York
      • Dream It. Do It., Milwaukee, WI
      • Dream It. Do It., Kansas City
      • Dream It. Do It., Nebraska
      • Dream It. Do It., Northeast Ohio
      • Dream It. Do It., Southwest Virginia
      • Dream It. Do It., Seattle/Puget Sound
      • Dream It. Do It., North Central Texas
      • Dream It. Do It., Southeast Indiana
      • Dream It. Do It., Will County, Illinois
      • Dream It. Do It., Greater Phoenix
      • Dream It. Do It., Virginia-State
      • Dream It. Do It., Conexus-Indiana State
      Dream It. Do It. Campaigns Dream It. Do It. Prospects
    • 25. The Four Pillars of Manufacturing Effectiveness
      • 4. Competing in the international marketplace
    • 26. Lagging Global Activity of Small and Medium Manufacturers Source: Industry Week
    • 27. Best Practices – Global Competition
      • Customize
      • Follow major customers abroad
      • Use international standards to drive continuous improvement
      • Utilize state and federal export assistance
    • 28. The Four Pillars of Manufacturing Effectiveness
        • Implementing innovation, including lean
        • Using available financial resources
        • Attracting skilled workers
        • Competing in the international marketplace
    • 29. Thank You Bill Canis The Manufacturing Institute [email_address] 202.637.3109