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Author’s Note: The following is an excerpt of what I presented recently in a webinar organized by Descartes Systems Group (a Talking Logistics sponsor) focused on “ Delivery – The Moment of Truth.” Lafley defined back in 2005. For the rest of my comments and Brian Hodgson’s presentation, watch the webinar archive.
The erosion in the cost advantage has been driven by a confluence of sharp wage increases, lagging productivity growth, unfavorable currency swings, and a dramatic rise in energy costs, states the Boston Consulting Group (BCG) based on a study of 25 nations that account for nearly 90 percent of global exports of manufactured goods.
This year the trend continues, as 83% of the surveyed group reports as MRO (maintenance, repair, and operations) carriers. In 2005, 73% of distributors were family owned. Demographics. Consistency has always been at a premium in the distribution industry. 37% of operations report a Midwest base, and 21% headquarter in the Northeast.
Recently Cerasis asked in the Manufacturing Leadership Community group on LinkedIn, run by Manufacturing Executive. Over 40% of CFOs cited productivity as the top benefit of an effective workplace safety program.” – Chief Financial Officer survey, Liberty Mutual Insurance company , (2005). Read Full Post. Read Full Post.
And, according to a Boston Consulting Group (BCG) study, 54% of companies with above one billion in revenues are now considering reshoring. Since 2005, U.S. Motivations and Stats on the State of Reshoring in 2015. Many off-shore manufacturers have returned to the U.S., a move known as reshoring. 7.8%, and currently meet or exceed U.S.
In 2005, the Manufacturing Institute created and launched the Dream It. For example, the Hirschvogel Automotive Group launched a program to teach students the art and skill set of working as a machinist in a die and punch shop . Manufacturers Will Open Their Doors, Literally.
The five-year infrastructure bill is the longest reauthorization of federal transportation programs that Congress has approved in more than a decade, ending an era of stopgap bills and half-measures that left the Highway Trust Fund nearly broke and frustrated local governments and business groups. that shouldn’t need government help.
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