Tech4People: Don't know if it's even a possibility, but if Microsoft bought Nokia and started making its phones in the US, I think it would be a huge boost for Windows phones...which currently have less than 5 percent of the market ... especially if they undercut the iphone and Droics in pricing.
At the high-end, perhaps, tech4people. But if you take a long-term view and bring 'young' people in with decent salaries and travel opportunities, you can build a skilled workforce that will be ready to assume leadership in 5-10 years
i got a question when will the patents of effiecient proccessors of APPLE will be realed to every1? will aday like day come in future? i kw my country is rich with best silica in da world but no manufacturers or raw matirial seller here to trade them to chip makers.... i barely know any of the manufacures
@Michael-IT won't .But I was giving you an example of How Expectations play a big part in everything we do.
You mentioned if Prices offered by Companies rise enough,Applicants will appear automatically for Jobs.
Today that will NEVER Happen at the high-end .
Jacob: There are many US consumers who want to own a smartphone, but do not want one if it means that it was made by exploiting workers with unfair wages and subhuman working conditions. (And, yes, there are obviously millions of people who don't share that feeling.)
@Michael-That is at the end of the day more about expectation.
Have you read about the 77 year old man who was P&G Vicepresident and is now flipping Burgers to survive?
Tech4People: Certainly, rising energy costs for international shipping are part of the equation for moving jobs closer to the raw materials and the retail market. The US grows a lot of cotton -- why ship that offshore, make a shirt, and then ship the shirt back to the US? With electronics, the questions are different. Many parts come from Asia, so it may make sense to make phones there, then ship them to the US and Europe -- they have to ship anyway.
Hailey: I think I'd answer "no" to that, too. The current CEO is a whiz at supply chain, but innovation? No so much. No wonder Droids now outpace iPhones in sales and the biggest criticism of Apple is that is isn't cutting prices fast enough.
The No.1 Reason you see so much more Manufacturing coming back onshore(to the US) is Energy Costs-Plain and Simple.
Thanks to the Shale Gas Revolution we have ample and Cheap Gas here,Europe in contrast is struggling with Expensive Imported Gas/Over-subsidized Clean energy and Extremely expensive Labor.
In Asia also Labor costs are rising too fast,Plus as long as Crude Oil stays above 100 dollars,it makes no sense to ship big tickets items half way around the Globe if the Main Market is America.
And of course,America remains the World's Biggest Consumer Market-That is Undisputed today.
Jacob: Better quality and lower cost don't usually go in the same product. Americans believe that US made goods are better quality (for good or bad, that's what they believe. If they pay $10 for jeans instead of $9, and get a pair made in middle America, they're happy to pay the difference and that is better for the US economy.
Tech4 People: I think your question about Apple cracking the China market ignores another question: why should the Chinese buy iPhones? China is more than capable of innovating and producing an even better phone, and I think we're about to see that happen. The question is: Will Apple be able to sustain its current revenue from the iPhone indefinitely? Despite optimistic sales number on the iPhone 5, I think the answer is a firm "no."
@tech4people, i'd never say never... and i don't see huge price cuts coming from apple. It's not in their corporate DNA. the newest lower cost iphone is about as far in that direction that they are likely to go, i' m guessing.
Jacob: I think the rising demand for US goods reflects the ongoing anger that middle class Americans have about jobs overseas. But I think it also has to do with US tax policies that have long forbade global corporations from repatriating revenue from overseas sales without paying US tax. The companies are simply storing a lot of cash overseas that is not helping to grow their companies domestically.
Rodney: good point on the carriers trying to raise revenue through their new plans. Frankly, I think mobile services have got to come WAY down in cost. Cable, too. Typicaly American households are spending $300-600 a month on telecommunications services now, and that is just way, way, too high. It's unsustaiable.
@Tom, while the carriers may be trying to take advantage of the shortened life cycle demand, make no mistake that they are doing so to be able to charge a much higher overall cost of ownership to the phone users. The figures on the cost increase to go to one of the new plans if you don't use it every time it is available is staggering.
I would think that the opportunity would encourage folks to think about it. According to research from Georgia Logistics (Which admittiedly is focuse don growing the industry) said:
The nation's 7,642 educational institutions currently generate 75,277 formally trained, degreed or certified workers each year. This will fill about 28% of the related job openings that are expected to be made available every year
Oops: Forgot the link to that NY Times story on rising demand for US goods:
Jacob: Absoolutely. Example: the big US phone carriers traditionally offered two-year contracts on their services, throwing in a free phone (or highly disounted phone) with a contract. now they're offering to upgrade phones at mid-contract because customers want the latest-and-greatest features.
Product lifecycle management is indeed an increasingly important area of the electronics industry, where the lifecycle has now been reduced to something between 12-18 months, and much of the manufacturing is done around the world. To get a product from design to the store shelves and still leave enough time to profit from its sales is no simple feat.
The Georgia Center of Innovation for Logistics, a division of the Georgia Department of Economic Development, has released new research showing that based on U.S. Department of Labor data, the United States will have approximately 270,200 logistics-related job openings that will need to be filled every year from now until 2018 to keep up with projected industry growth.
Rutgers is asking its MBA students to enter a supply chain case study contest: http://www.business.rutgers.edu/sites/default/files/user_files/scmms/scm-mba-case-comp-feb-2013.pdf
One thing that is driving supply chain technology in the manufacturing world is the need to get supplier input early in the product design process. There is a also a ery robust market in product lifeccle management, which involves parts suppliers in the front end, and service providers in the repair, back end.
Hailey: Consumer goods have been two-thirds of the US economy for many, many years. I don't think there's been a radical change there...other than off-shoring, and that has been going on since the Reagan era (and, according to some accounts, is now waning).
Marilyn: I'm not saying it's not "important," I'm saying it's not "sexy," if you will. Supply chain has been a part of business for a long time. Like everything else, it's been growing and changing, but why is it a hot new subject focus at Biz School?
Currently, you can get more money but perhpas not as much as one could hope. From the WSJ:
At Arizona State, for example, supply-chain majors from the class of 2012 earned average starting salaries of $56,410, compared with $50,098 for undergraduate business students overall. At the M.B.A. level, students who took operations or supply-chain jobs reported starting salaries averaging $97,481, compared with $92,556 for all M.B.A.s.
This has been a hot year for new programs in 2013 new programs included those at: Governors State University, College of Business and Public Administration, Portland State University, School of Business Administration; Texas Christian University, Neeley School of Business; University of North Carolina, Kenan-Flagler Business School, and Tsinghua University; amd University of Southern California, Marshall School of Business
A recent article in the Wall Street Journal said that SUpply chain is the hot new MBA:
I was speaking ot an Avnet exec the other day and he mentioned that he regularly visits local universities to talk to students... he feels like it is a critical part of thier HR efforts. That got me to thinking about how well supply chain is getting visiblity with student.
We will be starting at 11 a.m. PST/2p.m. EST sharp. First, though, there are two housekeeping notes:
First, please make a copy of your post before hitting the "post" button – just in case. If the system "eats" one of your carefully crafted thoughts, please hit "Ctrl-Z" to recover it.
I thought I would share with you guys some Articles from McKinsey on the Supply Chain I recently came across
I can't wait for the chat! Here's a coule of good resources in the meantime:
Feel free to post questions, thoughts and comments ahead of time but do come back for the chat!
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