Without solid numbers, many have assumed that most of the offshored jobs go to developing countries where workers are paid near-poverty wages in less than ideal working conditions. However, the researchers said public fear that offshoring to lower-cost countries is putting downward pressure on U.S. jobs may be overblown.
The failure to recognize the static nature of the business coupled with the failure of manufacturers to comply with disciplined global production systems has caused the participants to revisit the value of outsourcing and the opportunities associated with reshoring.
You may get your product faster and cheaper, but manufacturing overseas has its pitfalls. Through a combination of one of the new manufacturing trends, “new-shoring” — creating new jobs closer to home — and smarter international manufacturing practices, small businesses are helping protect their valuable assets.
There is still a far greater emotional response to a factory closing than to an engineering firm opening. It’s not that plant closings are trivial, or that engineering is somehow superior. But there may be a problem with our focus on factories in that it takes energy away from aggressively developing more advanced services.
Technological advancements within the industry have increased need for a highly skilled workforce. In the face of this gap, industry leaders must also contend with aging workforces, negative perceptions of the market, and a lack of up-and-coming workers with the interest or training they need for available positions.
I want to invite you to go take a walk out onto your shop floor. Notice anything else about your workforce? Some of them may be graying and soon preparing to retire. The age of your workforce represents a good opportunity for qualified younger employees to step in and launch their career. The problem you face is finding that young person.
The Competency Framework, created in conjunction with a cross-section of experts from manufacturing and academia, features a comprehensive series of competency models in nine manufacturing functional areas. The new tool is made up of more than 60 defined job role competency models, each outlining knowledge and skill objectives for job roles in production, technician, lead technician/technologist and engineer levels.
U.S. Senator Chris Coons (D-Del) praised President Obama’s memorandum, signed Thursday at a General Electric facility in Waukesha, Wis., to the Secretaries of Labor, Commerce, and Education that instructs a comprehensive review of the nation’s job training programs.
Seeing China’s manufacturing sector shrink is a trend that excites Americans, although it may not actually alleviate much of the pressure around a U.S. unemployment rate of 7.3 percent. The reality, according to many experts, is that the phenomenon is more one of nearshoring than reshoring, as many of these businesses — along with their jobs — head to Mexico.
Check out some of this week's top headlines from across Manufacturing.net, from Intel and Texas Instruments cutting a combined 6,100 jobs to Ralph Lauren's new 'Made in USA' Olympic attire. Also, Chrysler is now a wholly-owned subsidiary of Fiat and Chinese police seized almost 60,000 suspects involved in intellectual property infringement cases with a total estimated value of $28 billion.
The most important feature, though, is its provenance — the United States. During the 2012 London games, Lauren's uniforms were a point of controversy when it was revealed that much of them were made overseas, especially in China. Ralph Lauren Corp. got the message.
In his weekly radio and Internet address, Obama says the U.S. is primed to bring back jobs lost in the recession or to overseas competitors. But he says to make that happen, the U.S. must act to create good-paying jobs and increase economic opportunity.
In late 2013, U.S. Senator Chris Coons (D-Del.) announced the “Manufacturing Jobs for America” initiative, which aims to “train Washington’s focus on manufacturing jobs.” The initiative, with 22 backers in the Senate, all Democrats, wants to bring new legislation to Congress and the President that will help American manufacturers grow.
The Republican governor told reporters Tuesday at the North American International Auto Show that the improving numbers reflect both a resurgent industry and improving state economy. He says auto suppliers are "reconsolidating" operations in Michigan and the automakers themselves are bringing production back from places such as Mexico.
What stresses small business owners the most? Our conversations with them and the research we come across suggest it's a lack of clarity. Well, there's no small business crystal ball — at least one we are aware of — but if one existed, here's a look at what it might reveal for 2014.
Global shifts in costs, processes and consumer purchasing habits put the U.S. in a position to revitalize its manufacturing sector and enhance businesses and industry at home. The only thing missing is enough skilled workers to maintain the momentum.
Whirlpool is moving production of its commercial front-load washing machines from Mexico to Ohio. The appliance maker, whose brands include Maytag, Kenmore and its namesake, said Friday that 80 to 100 new jobs will be created in Ohio over the next three years to support the relocation.
Manufacturing.net has been covering the “re-shoring” trend for years, but in 2013, the trend finally hit mainstream, and became a real possibility for far more companies than previously thought possible. Re-shoring was discussed in the news and within important economic circles, and even the President mentioned it multiple times during the State of the Union and other key speeches.
When you think of strongholds for the electronics industry, you might think of Asia. But you could be wrong. Over the past few decades, the electronics components industry has seen countless companies pursue production overseas in an effort to reduce costs.
A Chinese furniture maker is establishing its first U.S. subsidiary in Virginia's Smyth County. Gov. Bob McDonnell announced the $2.1 million project Friday. He says the New Ridge subsidiary of Liaoyang Ningfeng Woodenware Co. is expected to create 125 jobs.
After decades of outsourcing, the resurgence in domestic manufacturing is now America’s favorite comeback story. Factors that once drove companies overseas — including labor and energy costs — are no longer considered insurmountable obstacles. Yet one troubling trend could signal a major complication for returning manufacturers: our nation’s increasing reliance on unstable supply chains of imported minerals.
Executives with Wal-Mart Stores Inc. say they plan to move production of some shoes from overseas to a manufacturing plant in south Georgia, which they say will create 250 jobs in the state. The retailer on Thursday announced plans for the facility in Hazelhurst, a Jeff Davis County town about 100 miles west of Savannah.
Ergonomic office chair producer 9to5 Seating is moving its manufacturing operations from China to Union City in West Tennessee, bringing 510 jobs to a region that sorely needs them, officials said Monday.
Based on market trends analyzed in the report, much of the drastic job losses from “outsourcing” production to China over the last fifteen years will reverse in the near future — resulting in a lot of manufacturing jobs being ‘reshored’ back to the States.
In math, reading and problem-solving using technology — all skills considered critical for global competitiveness and economic strength — American adults scored below the international average on a global test, according to results released Tuesday.