MIke Parsons
Business mentor and innovation coach
Innovator in Residence, Lancaster University Management
School
co-author...
RESHORING
bringing production back
Mike Parsons
presentation at Glasgow Lighthouse,
Design Centre Aug 23rd 2013
RESHORING
bringing production back
Mike Parsons
RESHORING
Mike Parsons
RESHORING
Mike Parsons
WHY is RESHORING essential?
EVIDENCE BASED
Sourcing in China since early 80’s
Findings from my April 2013 visit to S China
CHINA SUPPLIES
Cost inflation + labour shortage
China factories based on (inland based )
migrant labour
Demographics
New e...
Western World
London’s streets no longer paved with Gold
New attitudes
Job shortages
Young people’s attitude to factories ...
additional rationale for reshoring
IP protection - less ‘leakage’
shorter lead times,
Less capital tied up
Closer to own p...
THE HURDLES to RESHORING
Higher costs
Operational (machine) skills
Factory management skills
Overcoming hurdles
Ask your China suppliers to set up in Europe
Change business model, sell direct
Innovate by design, use...
Overcoming hurdles - examples
Apple brings Foxconn to USA
Change business model, internet and online
sales
Emerging techno...
The reshoring JOURNEY is long
Every journey
begins with a single step
Start now!
Mike Parsons
Business mentor
and innovati...
Mike Parsons theomm.mike@gmail.com
Business mentor and innovation coach
Innovator in Residence, Lancaster University Manag...
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Reshoring lighthouse design centre, glasgow, aug 2013 (1)

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

  1. 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. 2. RESHORING bringing production back Mike Parsons presentation at Glasgow Lighthouse, Design Centre Aug 23rd 2013
  3. 3. RESHORING bringing production back Mike Parsons
  4. 4. RESHORING Mike Parsons
  5. 5. RESHORING Mike Parsons
  6. 6. WHY is RESHORING essential? EVIDENCE BASED Sourcing in China since early 80’s Findings from my April 2013 visit to S China
  7. 7. CHINA SUPPLIES Cost inflation + labour shortage China factories based on (inland based ) migrant labour Demographics New emerging middle class = consumers
  8. 8. Western World London’s streets no longer paved with Gold New attitudes Job shortages Young people’s attitude to factories - change
  9. 9. additional rationale for reshoring IP protection - less ‘leakage’ shorter lead times, Less capital tied up Closer to own production Faster innovation
  10. 10. THE HURDLES to RESHORING Higher costs Operational (machine) skills Factory management skills
  11. 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. 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. 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. 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

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