Honestly, I personally desire the return of the manufacturing companies to USA or the development of new product and We've got to hope for it. Though this may take a long time but it is still possible.
I see the idea of made in the USA very far from reality, honestly in the US there's a different mindset and even young people has all the resources for success, they still have the battle to put aside the PS3 or X-box aside.
I believe the root cause starts with the foundtion (the kids, young adults) of this country. I am fairly young. I look at the dream I was promised....by all the visuals pushed in front of me. I thought I needed to have an expensive car and a big house to be sucessfully. The reality is that not everyone will be a millionaire or needs to be. Everyone is chasing the "american dream" and no one is working. I believe America has reached the point of too many cheifs and not enough indians. With that said, this is why companies are outsourcing. There needs to be a fundimental change in our social politics. Agreed the U.S. Government can lend a hand in this, but without the people they will get nowhere. The people will come when manufacturing jobs is all that is left.
Yes, Kunmi, you are right. It is impossible for every country to manufacture absolutely everything. There is a need, though, for every country to manufacture certain percentage of products to keep an economical and social balance.
In the first instance, it is very disappointing by outsourcing the manufacturing strength of the US. The effect that has brought us into our current problems. When people are jobless, despiracy and crime increases because of the struggle for survival. It will be wise if the government can look into the root cause of outsourcing and mend the associated problems in other to encourage the return of the lost manpower. If the country remain as buyer but not a producer, it will be a dream to get the country back to her former booming economy. Raising of taxes can not answer it all but restoring the manufacturing strength. I will like to see more of "Made in USA" on majority of the products that we use on daily basis. The goal of a business man is to maximize profit and reduce the cost of production and that is why outsourcing came to be.........I believe this can be tackled if the US government really determine to address it.
Yes, Anna. And when manufacturing moved to Asia many people lost their jobs as a consequence of reducing or eliminating personnel in U.S. companies.
If the U.S. governments creates the right environment and the right motivations, as you have well stated, then many of those people maybe can find their way back to their older positions even if it's in a different company, just doing what they used to do before.
This could be be a big step for the U.S. economy with a strong social impact.
Susan, you're absolutely right. Most manufacturing companies moved to Asia simply because of "cheap labour"
It’s high time to return manufacturing to USA. Everyone here has listed various reasons why manufacturing should return to the USA and I do agree. More so, I do strongly believe that for this to happen, the government needs to create the right environment and incentives to encourage the return of the manufacturing sector.
Thank you for your skillfully worded and prayerful comment, Ashish. Let me be the first to congratulate you on your keen economic insight, heroic optimism, and focused diligence, in that you, as you said, were able to read most of what I wrote.
My God I did read most of your rambling monologue but I still feel you are being too pessimistic about the Chances of America returning to its former status as a Superpower in Manufacturing.
Its a well known fact that China became a Manufacturing Superpower on the back of four major factors
1)Total Disregard for Environmental Protection
2)Super-Cheap(and often exploited) Labor
3)Total Support from the Communist Party for a One-stop shop for clearance of major Industrial projects.
4)A Massively Undervalued Chinese Yuan.
Of these,factors today 1,2 and 4 no longer hold true.
The most interesting thing that has happened is workers in China are now getting more and more empowered and ready and willing to do whatever it takes to get Wage rises.Also,Citizens across China are protesting very,very intensely against Environmental Pollution.
Now if you do take 1,2 and 4 out of the equation entirely;that leaves Factor 3.There is no doubt it is still a very significant factor.But,we see similar support from State Govts here in America(especially in the South).
So I would just like to end by saying,I am much more positive about the possibiliy of a Manufacturing renessiance here in America than you are.
Hi, tech4people. I'm glad you like their report. I'd guess, now that the US has one of the highest rates of incarceration in the world, that we can consider it a competitive advantage, in that we can now draw upon a rich pool of inexpensive labor, similar to the ones that some other really, really admired, and economically powerful countries have.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.