In this webinar, Reshoring Institute founder Rosemary Coates will teach you about the top supply chain trends going into 2023 and how your business can take steps to prevent disruptions.
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Fueled by innovation and modernization, Bart Huthwaite will explore how developing and improving your resilience and adaptability can ultimately future-proof your global supply chain and set you up for continuous success.
The document summarizes key findings from the 2017 Global Innovation 1000 study on trends in research and development spending and innovation among the world's largest publicly listed companies. Some of the main points include:
- The US, China, and UK are seen as having the greatest movement toward economic nationalism policies that could impact corporate R&D. These countries are also considered most at risk, while Canada, Germany, and France may benefit.
- Over half of companies expect at least a moderate impact on their R&D from economic nationalism and nearly half plan changes to their R&D programs in the next two years.
- High-performing companies are more likely to anticipate needing changes and take action, while middling
Manufacturing Value, A CVG Second Thursday Event, 10/10/13Paige Rasid
On October 10th, the Second Thursday panel will speak to current trends in advanced manufacturing, including additive manufacturing (3D Printing), and the impact these current trends are having on the manufacturing industry and the companies that operate in this environment.
How do these trends impact companies and their future value?
How can companies position themselves to take advantage of these trends and maximize their future value?
What will investors and strategic partners expect from companies in the future?
Where do leaders in the industry see these trends going?
A panel of experts will answer all these questions with the goal of helping companies find opportunities to harness the power of these exciting trends.
The Digital Lab for Manufacturing: How Digital Design & Digital Manufacturing...Decision Lens
innovation.decisionlens.com
What if design talked to manufacturing BEFORE production What if information flowed across the full product life cycle? Or throughout the entire supply chain?
DMDII’s Digital Lab for Manufacturing brings together the best minds in academia, high tech and government to accomplish exactly that.
Learn how digital innovation is integrating design, development, and manufacturing to cut time to production and spur long-term job creation.
Professor Neale O'Connor is an expert on Chinese business management practices. He has a PhD and qualifications from CPA Australia. He is the founder and director of the China Supplier 1000 Project and Ricebox Limited. The document discusses China's "Made in China 2025" plan to transform the country into a global manufacturing leader through innovation and high-tech industries. It outlines challenges for Chinese suppliers, such as small size and quality mindset, and factory management challenges. It also summarizes eight mega trends for suppliers and buyers in China, including the need for collaboration, compliance, and protecting intellectual property.
The Modern Supply Chain: Global Challenges and Best PracticesAggregage
Fueled by innovation and modernization, Bart Huthwaite will explore how developing and improving your resilience and adaptability can ultimately future-proof your global supply chain and set you up for continuous success.
The document summarizes key findings from the 2017 Global Innovation 1000 study on trends in research and development spending and innovation among the world's largest publicly listed companies. Some of the main points include:
- The US, China, and UK are seen as having the greatest movement toward economic nationalism policies that could impact corporate R&D. These countries are also considered most at risk, while Canada, Germany, and France may benefit.
- Over half of companies expect at least a moderate impact on their R&D from economic nationalism and nearly half plan changes to their R&D programs in the next two years.
- High-performing companies are more likely to anticipate needing changes and take action, while middling
Manufacturing Value, A CVG Second Thursday Event, 10/10/13Paige Rasid
On October 10th, the Second Thursday panel will speak to current trends in advanced manufacturing, including additive manufacturing (3D Printing), and the impact these current trends are having on the manufacturing industry and the companies that operate in this environment.
How do these trends impact companies and their future value?
How can companies position themselves to take advantage of these trends and maximize their future value?
What will investors and strategic partners expect from companies in the future?
Where do leaders in the industry see these trends going?
A panel of experts will answer all these questions with the goal of helping companies find opportunities to harness the power of these exciting trends.
The Digital Lab for Manufacturing: How Digital Design & Digital Manufacturing...Decision Lens
innovation.decisionlens.com
What if design talked to manufacturing BEFORE production What if information flowed across the full product life cycle? Or throughout the entire supply chain?
DMDII’s Digital Lab for Manufacturing brings together the best minds in academia, high tech and government to accomplish exactly that.
Learn how digital innovation is integrating design, development, and manufacturing to cut time to production and spur long-term job creation.
Professor Neale O'Connor is an expert on Chinese business management practices. He has a PhD and qualifications from CPA Australia. He is the founder and director of the China Supplier 1000 Project and Ricebox Limited. The document discusses China's "Made in China 2025" plan to transform the country into a global manufacturing leader through innovation and high-tech industries. It outlines challenges for Chinese suppliers, such as small size and quality mindset, and factory management challenges. It also summarizes eight mega trends for suppliers and buyers in China, including the need for collaboration, compliance, and protecting intellectual property.
The document discusses the changing balance of risks and costs associated with offshoring versus onshoring production. It notes that labour and transportation costs are rising in Asia while falling in the UK and US. Additionally, companies are increasingly seeking to protect intellectual property and have more control over quality, customization, and compliance. As a result, the summary concludes that the balance of risk and reward is shifting to make onshoring relatively more attractive compared to offshoring for some companies.
The document discusses reshoring, or bringing manufacturing back to the US from overseas. It notes that many companies originally moved production offshore based on flawed cost models that did not consider total costs. Using a Total Cost of Ownership estimator, reshoring can save companies 25% on costs. If 25% of what was offshored returns, this could create over 1 million US manufacturing jobs. Reshoring also benefits innovation by keeping manufacturing close to engineering, appeals to consumers, and provides long-term corporate stability. Examples of companies reshoring include Master Lock, GE Appliances, and GM electric motors.
On March 22, 2017, the Government of Canada released its “Innovation Budget”, in which it proposed, “To invest up to $950 million over five years, starting in 2017–18, to be provided on a competitive basis in support of a small number of business-led innovation ‘superclusters’ that have the greatest potential to accelerate economic growth.”
It is in this context that leaders of industry, industry associations, research, and post-secondary education from across British Columbia have come together to discuss BC’s global positioning, competitive strengths, and cluster capabilities.
The objective of this document is to describe the existing set of strengths and capabilities in BC that are foundational to the growth of a digital technology supercluster in the province.
This document is intended to serve as a key input to the national discussion on creating world-leading clusters and partnerships in Canada.
It is a precursor to any formal letter of intent or proposal to the national supercluster competition announced by Canada in the March 2017 budget.
Read more on how BC is paving the way for Canada’s economic growth as a global supercluster in digital technology. http://bit.ly/BCsuperC
Haier is the 4th largest appliance manufacturer seeking to expand in the US market. Its current strategies include differentiating products, global growth through acquisitions, aggressive advertising, and after-sale service. Analyses found strengths in management, culture, marketing, and finance, but weaknesses in R&D. Strategic alternatives include integration, intensive growth, diversification, and differentiation. The recommended strategy is market penetration to increase US market share of existing high-quality, low-cost products.
Touchpoint is a marketing agency with a primary emphasis on custom content to strengthen all marketing strategies, including branding, customer/prospect engagement and internal communications.
In addition to counseling clients on campaign optimization, we develop and distribute content via traditional channels and contemporary digital mediums such as e-mail, social media and video
This survey seeks to understand some of the key priorities for manufacturers as well as their strategies for growth, specifically with respect to capabilities, physical resources and human capital.
Professor Gary Gereffi’s presentation highlights the GVC experiences of different countries, including China vs. Mexico and the offshore services GVC of countries like Chile and Costa Rica. It also shows how Mexico links regional value chains, clusters and policies; and some of the development strategy challenges facing emerging economies. Professor Gereffi presented this overview at the World Bank Group, Trade & Competitiveness GVC workshop on technical tools and operations in Washington, DC on June 17, 2016.
Business Plan for Bio-composite Plastics CompanyAdeena Tahir
The document introduces the team at Mycoholics, a startup company producing mycelium-based bioplastics. It describes the educational backgrounds and roles of four key members: the Business Head, HR Head, Head Engineer, and Head of Finance. It then provides information on mycoplastics as an eco-friendly and biodegradable alternative to plastic packaging. A product catalogue and market analysis are also included.
In today's world everyone, including your B2B customers, expect personalized buying experiences. Unless you have the right information architecture in place to power your digital experience tools you will not be able to scale and retain trust with your customers.
In this webinar, B2B ecommerce experts Allison Brown with Earley Information Science and Jason Hein with Bloomreach walk through the reasons why you must invest in information architecture foundations in order to compete.
This document discusses ideaken's services for open innovation competitions and research. It provides examples of measurable benefits such as up to 200% increase in ideas from innovation competitions. It describes how ideaken helps formulate challenges, promote them, receive submissions, and evaluate results. Ideaken also offers low-cost research from top Asian academics. Case studies show how ideaken helped a food company with open innovation and a pharmaceutical company evaluate new markets in India and China. The document promotes ideaken's services and lists some client organizations.
The document discusses plans to build a system in Hickory, North Carolina to create jobs by addressing manufacturing needs and supporting startups. It details how the Manufacturing Solutions Center has helped over 240 companies and created over 1000 jobs through services like testing, training, product development, and marketing. It proposes expanding these services by opening an innovation center in a vacant factory in Conover to further support job growth.
How to market a chemicals company in China using traditional and digital media.EASTWEST Public Relations
If you are entering the China market or looking to build your brand in China within the Chemicals market, this deck will be helpful. It demonstrates the work we can do, but also includes events, key media, and a social media strategy which can be used. It also includes a schedule and budget.
You can contact us to discuss helping your company in China, or Asia.
Tessy Plastics has been shaping plastic products since 1973 for industries like medical, consumer goods, and electronics. As a family-owned business, Tessy can flexibly engineer, manufacture, assemble and distribute customers' products efficiently. The document then profiles three plastic manufacturing companies - EVCO Plastics, GW Plastics, and Cope Plastics - and how they advertise their services through websites, social media, blogs, newsletters, and trade show attendance to engage customers.
The document discusses how businesses can adapt their marketing approaches during the COVID-19 pandemic, including focusing on opportunities in industries that are trending up, providing helpful content to customers, and using digital marketing tactics. It also offers recipes for success such as communicating with customers and securing early media placements for online events. The presentation concludes with a special offer for a digital marketing assessment.
Procter & Gamble (P&G) is a consumer goods company founded in 1837 that has grown to include over two dozen $1 billion brands through acquisitions and innovation. P&G pursued a multi-brand strategy across categories like detergents. Recently, P&G has shifted to partnering externally through programs like "Connect and Develop" to source over 35% of new products, and to digital and direct marketing from television. However, P&G still spent only 5% on online marketing in 2010 and slowed other digital efforts. P&G restructured in 2007 into global business units to improve innovation speed through standardization.
This document summarizes the state of the lead generation industry in 2021. It discusses how the industry is expected to see strong growth post-pandemic, fueled by increasing digital advertising spend and changes in consumer digital habits. The document also notes some long-term changes for the industry, such as more companies embracing digital marketing and data analytics. Finally, it provides a vision for how companies can accelerate growth through a more sophisticated, data-driven approach using an automated lead generation stack.
Afton Chemical & Scott Miller: The Renaissance in U.S. ManufacturingAfton Chemical
U.S. Manufacturing has faced decline over the past 20+ years, yet is still central to American economic performance in the future
Technological changes have been a driving force for disruption. Now, however, technology is creating avenues for U.S. manufacturers to boost their productivity, agility, and global competitiveness
Capturing these opportunities will require new capabilities from firms as well as coherent government policies that focus on the future instead of trying to re-create the past
How To Cultivate Community Affinity Throughout The Generosity JourneyAggregage
This session will dive into how to create rich generosity experiences that foster long-lasting relationships. You’ll walk away with actionable insights to redefine how you engage with your supporters — emphasizing trust, engagement, and community!
Secrets of a Successful Sale: Optimizing Your Checkout ProcessAggregage
https://www.onlineretailtoday.com/frs/26905197/secrets-of-a-successful-sale--optimizing-your-checkout-process
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡
Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue. But payments are just one part of a chain. What’s the next touch point? How do you use the data sitting behind a payment to find the next loyal customer?
In this session you’ll learn:
• The integral relationship between payment experience and customer satisfaction
• Proven methods for optimizing the checkout journey
• Leveraging payments data for personalized marketing and enhanced customer loyalty
• Gain invaluable insights into consumer behavior across online and offline channels through data
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The document discusses the changing balance of risks and costs associated with offshoring versus onshoring production. It notes that labour and transportation costs are rising in Asia while falling in the UK and US. Additionally, companies are increasingly seeking to protect intellectual property and have more control over quality, customization, and compliance. As a result, the summary concludes that the balance of risk and reward is shifting to make onshoring relatively more attractive compared to offshoring for some companies.
The document discusses reshoring, or bringing manufacturing back to the US from overseas. It notes that many companies originally moved production offshore based on flawed cost models that did not consider total costs. Using a Total Cost of Ownership estimator, reshoring can save companies 25% on costs. If 25% of what was offshored returns, this could create over 1 million US manufacturing jobs. Reshoring also benefits innovation by keeping manufacturing close to engineering, appeals to consumers, and provides long-term corporate stability. Examples of companies reshoring include Master Lock, GE Appliances, and GM electric motors.
On March 22, 2017, the Government of Canada released its “Innovation Budget”, in which it proposed, “To invest up to $950 million over five years, starting in 2017–18, to be provided on a competitive basis in support of a small number of business-led innovation ‘superclusters’ that have the greatest potential to accelerate economic growth.”
It is in this context that leaders of industry, industry associations, research, and post-secondary education from across British Columbia have come together to discuss BC’s global positioning, competitive strengths, and cluster capabilities.
The objective of this document is to describe the existing set of strengths and capabilities in BC that are foundational to the growth of a digital technology supercluster in the province.
This document is intended to serve as a key input to the national discussion on creating world-leading clusters and partnerships in Canada.
It is a precursor to any formal letter of intent or proposal to the national supercluster competition announced by Canada in the March 2017 budget.
Read more on how BC is paving the way for Canada’s economic growth as a global supercluster in digital technology. http://bit.ly/BCsuperC
Haier is the 4th largest appliance manufacturer seeking to expand in the US market. Its current strategies include differentiating products, global growth through acquisitions, aggressive advertising, and after-sale service. Analyses found strengths in management, culture, marketing, and finance, but weaknesses in R&D. Strategic alternatives include integration, intensive growth, diversification, and differentiation. The recommended strategy is market penetration to increase US market share of existing high-quality, low-cost products.
Touchpoint is a marketing agency with a primary emphasis on custom content to strengthen all marketing strategies, including branding, customer/prospect engagement and internal communications.
In addition to counseling clients on campaign optimization, we develop and distribute content via traditional channels and contemporary digital mediums such as e-mail, social media and video
This survey seeks to understand some of the key priorities for manufacturers as well as their strategies for growth, specifically with respect to capabilities, physical resources and human capital.
Professor Gary Gereffi’s presentation highlights the GVC experiences of different countries, including China vs. Mexico and the offshore services GVC of countries like Chile and Costa Rica. It also shows how Mexico links regional value chains, clusters and policies; and some of the development strategy challenges facing emerging economies. Professor Gereffi presented this overview at the World Bank Group, Trade & Competitiveness GVC workshop on technical tools and operations in Washington, DC on June 17, 2016.
Business Plan for Bio-composite Plastics CompanyAdeena Tahir
The document introduces the team at Mycoholics, a startup company producing mycelium-based bioplastics. It describes the educational backgrounds and roles of four key members: the Business Head, HR Head, Head Engineer, and Head of Finance. It then provides information on mycoplastics as an eco-friendly and biodegradable alternative to plastic packaging. A product catalogue and market analysis are also included.
In today's world everyone, including your B2B customers, expect personalized buying experiences. Unless you have the right information architecture in place to power your digital experience tools you will not be able to scale and retain trust with your customers.
In this webinar, B2B ecommerce experts Allison Brown with Earley Information Science and Jason Hein with Bloomreach walk through the reasons why you must invest in information architecture foundations in order to compete.
This document discusses ideaken's services for open innovation competitions and research. It provides examples of measurable benefits such as up to 200% increase in ideas from innovation competitions. It describes how ideaken helps formulate challenges, promote them, receive submissions, and evaluate results. Ideaken also offers low-cost research from top Asian academics. Case studies show how ideaken helped a food company with open innovation and a pharmaceutical company evaluate new markets in India and China. The document promotes ideaken's services and lists some client organizations.
The document discusses plans to build a system in Hickory, North Carolina to create jobs by addressing manufacturing needs and supporting startups. It details how the Manufacturing Solutions Center has helped over 240 companies and created over 1000 jobs through services like testing, training, product development, and marketing. It proposes expanding these services by opening an innovation center in a vacant factory in Conover to further support job growth.
How to market a chemicals company in China using traditional and digital media.EASTWEST Public Relations
If you are entering the China market or looking to build your brand in China within the Chemicals market, this deck will be helpful. It demonstrates the work we can do, but also includes events, key media, and a social media strategy which can be used. It also includes a schedule and budget.
You can contact us to discuss helping your company in China, or Asia.
Tessy Plastics has been shaping plastic products since 1973 for industries like medical, consumer goods, and electronics. As a family-owned business, Tessy can flexibly engineer, manufacture, assemble and distribute customers' products efficiently. The document then profiles three plastic manufacturing companies - EVCO Plastics, GW Plastics, and Cope Plastics - and how they advertise their services through websites, social media, blogs, newsletters, and trade show attendance to engage customers.
The document discusses how businesses can adapt their marketing approaches during the COVID-19 pandemic, including focusing on opportunities in industries that are trending up, providing helpful content to customers, and using digital marketing tactics. It also offers recipes for success such as communicating with customers and securing early media placements for online events. The presentation concludes with a special offer for a digital marketing assessment.
Procter & Gamble (P&G) is a consumer goods company founded in 1837 that has grown to include over two dozen $1 billion brands through acquisitions and innovation. P&G pursued a multi-brand strategy across categories like detergents. Recently, P&G has shifted to partnering externally through programs like "Connect and Develop" to source over 35% of new products, and to digital and direct marketing from television. However, P&G still spent only 5% on online marketing in 2010 and slowed other digital efforts. P&G restructured in 2007 into global business units to improve innovation speed through standardization.
This document summarizes the state of the lead generation industry in 2021. It discusses how the industry is expected to see strong growth post-pandemic, fueled by increasing digital advertising spend and changes in consumer digital habits. The document also notes some long-term changes for the industry, such as more companies embracing digital marketing and data analytics. Finally, it provides a vision for how companies can accelerate growth through a more sophisticated, data-driven approach using an automated lead generation stack.
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U.S. Manufacturing has faced decline over the past 20+ years, yet is still central to American economic performance in the future
Technological changes have been a driving force for disruption. Now, however, technology is creating avenues for U.S. manufacturers to boost their productivity, agility, and global competitiveness
Capturing these opportunities will require new capabilities from firms as well as coherent government policies that focus on the future instead of trying to re-create the past
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https://www.onlineretailtoday.com/frs/26905197/secrets-of-a-successful-sale--optimizing-your-checkout-process
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡
Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue. But payments are just one part of a chain. What’s the next touch point? How do you use the data sitting behind a payment to find the next loyal customer?
In this session you’ll learn:
• The integral relationship between payment experience and customer satisfaction
• Proven methods for optimizing the checkout journey
• Leveraging payments data for personalized marketing and enhanced customer loyalty
• Gain invaluable insights into consumer behavior across online and offline channels through data
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• Understand the risks and hypotheses built into your roadmap: By making explicit the different hypotheses in your plan and identifying the riskiest ones, you will be able to quickly validate the riskiest assumptions and improve your outcomes.
• Create actual artifacts for your products: With the practical experience provided in this session, apply these tools to real-world product management scenarios to build journey and impact maps for actual users & products.
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
Empower yourself as a project manager with insights that directly influence the financial landscape and strategic direction of your organization!
Join us for a deep dive into the world of financial strategy, as we dissect key metrics that drive CFOs and business leaders’ investment decisions. This session will equip you with the necessary tools to craft compelling business cases as well as a comprehensive understanding of the crucial distinction between capital expenditure and operational expenditure, and its profound impact on financial statements.
During this webinar, we’ll cover the following:
• Three Critical Metrics: Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period
• Why tracking capital spend is important
• How project spend classification shapes the portrayal on an income statement
• Classification of capital expenditure (CapEx) versus. operational expenditure (OpEx), and its impact on financial statements and EBITDA
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https://www.nonprofittech.com/frs/26320757/the-real-nonprofit-retention-issue---it-s-not-what-you-think
Across the nonprofit sector, organizations invest heavily in donor retention efforts, yet the struggle of cultivating lasting relationships remains. While attracting new donors is crucial, the lack of repeat donors poses significant financial risks.
Through a comprehensive analysis of industry data, experts argue that there is a direct correlation between donor burnout, donor retention, and the talent retention crisis. By unpacking this relationship, we emphasize the importance of cultivating a dedicated workforce to enhance donor retention and drive sustainable growth. 📈
Industry experts Andrew Olsen and Kat Landa will explore:
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https://www.humanresourcestoday.com/frs/26375534/breaking-the-burnout-cycle--empowering-managers-for-excellence
In the fast-paced world of work, burnout has emerged as a critical issue. Alarming statistics reveal two in five U.S. workers experience feeling burned out. However, the situation is even more dire among managers, with nearly half reporting burnout, often hidden behind their responsibilities and the desire to uplift their teams. Recognizing the severity of this problem is crucial. Join Bonusly’s Head of People, Adri Glover, and Sr. People Partner, Mollie Hinz, as we delve into the unique challenges faced by managers and provide actionable insights for addressing and preventing manager burnout.
We will not only explore the distinct signs of manager burnout but also how to identify the warning signals. We will share practical strategies for alleviating manager burnout and discuss how prioritizing the well-being of your managers will, in turn, enhance team performance and culture.
In this webinar you will learn:
• Recognizing Warning Signs: Understand and identify the four key warning signs of manager burnout.
• Practical Strategies for Alleviation: Gain insights into data-backed methods for managing burnout.
• Turning Burnout into Engagement: Explore how prioritizing the well-being of managers can lead to stronger team performance and company culture, turning burnout into an opportunity for growth and resilience.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
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1. Reshoring – The
Future of Supply
Chains
w/ Rosemary Coates - Board
Member & Founder at Reshoring
Institute, Best-selling Author, Host of
the Frictionless Supply Chain
podcast
September 1st, 2022 at 12:30
pm PT, 3:30 pm ET, 8:30 pm BST
Rayvonne Carter
Webinar Coordinator,
Supply Chain Brief
3. TO USE YOUR TELEPHONE:
You must select "Use Telephone" after
joining
and call in using the numbers below.
United States: +1 (562) 247-8422
Access Code: 817-046-789
Audio PIN: Shown after joining the webinar
TO USE YOUR COMPUTER'S AUDIO:
When the webinar begins, you will be connected to audio using your
computer's microphone and speakers (VoIP). A headset is
recommended.
Click on the Questions panel
to
interact with the presenters
4. Reshoring – The
Future of Supply
Chains
w/ Rosemary Coates - Board
Member & Founder at Reshoring
Institute, Best-selling Author, Host of
the Frictionless Supply Chain
podcast
5. Sept 1, 2022
Rosemary Coates, Executive Director
+1 408-605-8867
Reshoring –
The Future of
Supply Chains
6. Rosemary Coates
▪ Executive Director of the Reshoring Institute
▪ President of Blue Silk Consulting
▪ 40 years of Global Supply Chain consulting experience
▪ Over 80 supply chain clients, worldwide
▪ Author of
–42 Rules for Sourcing and Manufacturing in China
–Strategic Negotiation for Buyers and
–42 Rules for Superior Field Service
–The Reshoring Guidebook
– Legal Blacksmith – How To Avoid and Defend Sup0ply Chain Disputes
▪BS in Business Logistics – Arizona State University 1979
▪MBA – University of San Diego 1989
2
7. Our Mission
The Reshoring Institute has a dual mission:
1. Provide research and consulting for companies bringing
manufacturing back to America
2. Provide experiential education for university students to learn
about global sourcing and manufacturing
501c3 Non-profit Organization
info@ReshoringInstitute.org
408-605-8867
www.ReshoringInstitute.org
Our Student Interns
Interns work 100 paid hours per semester on
directed research in support of the Institute’s
research agenda or as directed by clients.
Our Student Interns
Interns work 100 paid hours per
semester on directed research in
support of the Institute’s research
agenda or as directed by clients.
8. 4
In the 1990s and 2000s offshoring to China was
the economic strategy of US manufacturers.
Copyright 2022 Reshoring Institute
9. 5
I helped dozens of
companies move
sourcing and production
to China.
Copyright 2022 Reshoring Institute
11. 7
Why are companies Reshoring now?
▪ Mood of America has changed
▪ Tax Reform, Jobs, Repatriation of
Funds Act of 2017
▪ 232 and 301 tariffs on imports
• – Anti-dumping and countervailing
• duties
▪ Global pandemic
▪ Intellectual Property protection
▪ Advanced technologies
▪ Incentives offered by state &
local governments
▪ Corporate “Economic Patriotism”
Copyright 2022 Reshoring Institute
12. Copyright 2019 Reshoring Institute
12
Rebuilding the Middle Class
In America
• Manufacturing is key to middle
class growth
• Factory jobs are essential to
economic health in America
• Every new manufacturing job
has a multiplier effect – about
1.4X
13. We are not going back to 1960s manufacturing…
3D Printing
Internet of Things
13
Robotics
Copyright 2022 Reshoring Institute
Artificial Intelligence
This is NOT your grandfather’s manufacturing!
Blue-collar jobs become “New-collar” jobs
Retraining and up-skilling workers
16. 9
Waterlogic
US Manufacturing Location
Waterlogic systems provide
more than 50 million people
with clean drinking water
every day.
▪ Headquartered in the UK
▪ Manufacturing in Qindao, China
▪ Growth market is in the U.S.
▪ Global Strategy
– Manufacture close to customers
– Develop U.S. supply base
– Consolidate U.S. offices and hire 200 people
– Avoid China 301 tariffs
– Sell to U.S. Gov
Copyright 2022 Reshoring Institute
17. 10
Reshoring Success – GE
Geospring Water
Heaters
▪ GE Appliance Park in Louisville –
re-opened
▪ New, automated and highly
engineered production lines
▪ Negotiations with unions
Copyright 2022 Reshoring Institute
18. 11
Reshoring Failure: Otis
Elevator
▪ Opened new manufacturing plant in
Florence, SC, bringing a production
line back from Mexico
▪ Project failed and cost the company
$60 million in lost business
▪ Primary reasons for the failure:
– Lack of skilled labor
– No partnering with local schools and
colleges to train new workers
– Concurrent ERP implementation
Copyright 20202Reshoring Institute
20. 13
Do you prefer products that are MADE in the USA?
Would you pay more for a product MADE in the USA?
~70%
~60%
Copyright 2022 Reshoring Institute
21. 14
How much more would you pay for products MADE IN USA?
When analyzing the costs/benefits of reshoring, we
consider the opportunity to charge more for a
product made in America
~83% say
they would
pay up to 20%
more
Copyright 2022 Reshoring Institute
22. 15
Perception of Better
Quality
Over 46% of respondents believe
that products manufactured in
America are better quality than
those manufactured in other
countries. In our survey, there was no
evidence offered that American-made
products are better – it was simply a
perception. The likely influencers in this
perception include political rhetoric against
goods made in China, loss of manufacturing
jobs in the U.S., and past experience with
poorly made and inferior foreign products.
Do you think products made in
the USA are better quality?
Copyright 2022 Reshoring Institute
23. 16
Country of Origin and
Product Labeling
58% of respondents indicated that
the country of origin of a product
influences their purchasing
decision. Respondents added no comments
about the differences between foreign
countries, for example, does the country of
origin “China” cause a different response from
the country of origin “Germany” or “Mexico”
or “Turkey.”
Does the origin of
the product affect
your purchase
decision?
Copyright 2022 Reshoring Institute
24. Do you believe the “MADE IN”
information on product labels?
17
60% of respondents – believe the information on
the
“Made In” labels on products.
With the rise of global counterfeits - about 2
TRILLION/year in 2020 – OECD estimates 1 in every
20 products you buy on line are counterfeit
Copyright 2022 Reshoring Institute
25. What can we conclude?
▪Americans prefer products MADE IN USA
▪Americans believe American products are
better/higher quality
▪Americans say they are willing to pay up to
20% more
▪Americans appear to be unaware of global
counterfeiting
18
Copyright 2022 Reshoring Institute