Friday, January 1, 2016
Lesson #3 - You need to change how you manufacture products locally
Manufacturers have quickly realized they cannot manufacture products locally the same way they were manufacturing them overseas. In low-cost countries the focus is on leveraging inexpensive labour, but with reshoring, the focus is more on adopting lean manufacturing principles.
This can be harder for some industry segments than for others. However, many manufacturers have seen the benefits of working with a trusted advisor who has deep industry knowledge, to re-evaluate their existing processes, spot inefficiencies and eliminate waste.