Georgia Tech Cdc

406 views

Published on

Draft PPT

0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
406
On SlideShare
0
From Embeds
0
Number of Embeds
8
Actions
Shares
0
Downloads
4
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide
  • Georgia Tech Cdc

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

    ×