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Reshoring lighthouse design centre, glasgow, aug 2013 (1)

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  • 1. MIke Parsons Business mentor and innovation coach Innovator in Residence, Lancaster University Management School co-author (with Mary Rose) Invisible on Everest Founder OMM, lightweight packs and clothing Formerly CEO and chief innovator Karrimor : 320 employees
  • 2. RESHORING bringing production back Mike Parsons presentation at Glasgow Lighthouse, Design Centre Aug 23rd 2013
  • 3. RESHORING bringing production back Mike Parsons
  • 4. RESHORING Mike Parsons
  • 5. RESHORING Mike Parsons
  • 6. WHY is RESHORING essential? EVIDENCE BASED Sourcing in China since early 80’s Findings from my April 2013 visit to S China
  • 7. CHINA SUPPLIES Cost inflation + labour shortage China factories based on (inland based ) migrant labour Demographics New emerging middle class = consumers
  • 8. Western World London’s streets no longer paved with Gold New attitudes Job shortages Young people’s attitude to factories - change
  • 9. additional rationale for reshoring IP protection - less ‘leakage’ shorter lead times, Less capital tied up Closer to own production Faster innovation
  • 10. THE HURDLES to RESHORING Higher costs Operational (machine) skills Factory management skills
  • 11. Overcoming hurdles Ask your China suppliers to set up in Europe Change business model, sell direct Innovate by design, use emerging technology Lean manufacturing/pull systems
  • 12. Overcoming hurdles - examples Apple brings Foxconn to USA Change business model, internet and online sales Emerging technologies -- 3D printing Convince your customer that better service = higher outcome margins Intake margins, product managers ‘god’
  • 13. The reshoring JOURNEY is long Every journey begins with a single step Start now! Mike Parsons Business mentor and innovation coach theomm.mike@gmail.com
  • 14. Mike Parsons theomm.mike@gmail.com Business mentor and innovation coach Innovator in Residence, Lancaster University Management School co-author (with Mary Rose) Invisible on Everest Formerly CEO and chief innovator Karrimor : 320 employees Founder OMM, lightweight packs and clothing