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Tag Archives: manufacturing
The Pendulum Swings
Anecdotal evidence of a US manufacturing rebound has been building for the past two years. Here and there manufacturers “reshored” production to address problems encountered in the rush to low labor costs in China and elsewhere. New statistical evidence supports … Continue reading
US Labor Costs Lower Than Elsewhere
More good news for US manufacturers as per unit of output labor costs decreased by 13% while increasing everywhere else. James Hagerty and Kate Linebaugh (Wall Street Journal, “In U.S., a Cheaper Labor Pool”, 1/6/12) report on manufacturing cost trends … Continue reading
2012 Could be a Good Year
Boosted by productivity gains and higher costs in competitors, including China, U.S. manufacturing exports have grown at their fastest rate since the late 1980s. As we close out 2011 and start thinking about 2012, US manufacturing is getting positive reviews … Continue reading
Implications of Changes in Investment
Charles Stewart dives into the numbers behind the economy to focus on gross private domestic investment. The outlook and policy options he presents are bleak – almost anything the government does will lead to reduced employment. However he does offer … Continue reading
ERP Lessons Learned
Frank Scavo posts an excellent review of the history of and lessons learned from ERP systems over the past 20 years. Both Frank’s post, and his keynote video are well worth your time. Some key points from the post: ERP … Continue reading
When Do Anecdotes become a Trend?
It is dangerous to extrapolate a trend from isolated reports, especially in a volatile environment such as the current world economy. It may be just as dangerous to ignore anecdotes concerning a change in a major trend. Fortunately, Auric Goldfinger … Continue reading
Manufacturers Coming Home?
William J. Holstein makes the case for returning manufacturing to America in the latest issue of CEO Magazine. He focuses on two main reasons: China is no longer cheap, and long supply chains are too slow. In a way, Holstein … Continue reading