Published at Wednesday, November 14th, 2018 - 12:42:01 PM. Manufacturing Robot. By Claire Lamarre.
Why was she giving this talk? Simple; we beat the German's in WWII due to our manufacturing abilities. Today, China can easily out produce us, so are we going to make the same mistake as the Germans did in WWII, in a future war with an industrial power that can out produce us? Well, are we? How can you say the answer is yes or no; you can't and that's one more reason manufacturing is so vital to US interests, on top of the importance of jobs, trade flows, and GDP growth. "A nation lives well, when it produces well," she reminds us, and quoted Adam Smith's warning about not relying on military resources to make our defense systems.
Even more critical, other costs like training costs especially in countries where there is inadequate skilled manpower will force the manufacture to invest in staff training and this will make offshore manufacturing unviable. Also because of competition and the supposedly cheaper labor may make it harder for the foreign investor to retain the workers he has invested heavily to train. This may result in a higher turnover of employees hence straining the operating finances.
Tag Cloudbusiness to business process sample business process model automation software companies business process mapping visio bpa business it automation solutions business process management wikipedia