The issue becomes creating jobs and building economies worldwide so people can afford to support a family and a lifestyle and buy the goods that are manufactured so efficiently. This new job creation market thrust will come from industry and government investment in innovation and centers of excellence.
Offshore manufacturing is beneficial to both the manufacturer’s country of origin and the host country for it provides employments opportunities, taxes and other benefits for the host country. As for the company’s origin country, it lowers the cost of goods and services because goods produced cheaply are also sold at a competitively cheaper price.
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Since manufacturing products in the U.S. is more expensive due to salaries, compliance regulations and cost of materials, it has to be high quality. This is why knowledge of quality systems is important. The goal of a quality system is to ensure that the manufactured product has very little variance from the design standard. It is based on statistical process control (SPC). Six Sigma, ISO 9001 or TQM are different kinds of quality systems. Knowledge of any of these systems would make a job seeker stand out from the other job candidates.
You will also notice that those who provide autopilot Forex robots warnings that more than insurance and guarantees. Have you ever wondered why? The reason is that even the suppliers themselves are aware that the trading program is not ideal, the program, like any other program. He occasionally makes mistakes in May, resulting in a loss or an accident in May that led to the loss of all your hard earned – not to mention your money. Worse, you even end of May to the debt.
”Re-inventing manufacturing” almost sounds like the mission statement of a Technocrat or Futurist looking to capture the utopian dream. Indeed, but why can’t we? After all, Henry Ford’s assembly line is a pretty old concept. Yes, certainly we have made incremental advances and yet, what about the proverbial ”OMG” revolutionary innovations, and ”leap-frogging” type paradigms shifts in the manufacturing sector? I guess we are still waiting for those aren’t we? We don’t have Star Trek assimilation machines yet, I suppose someday we will, and I hope the US is the nation to bring such dreams to fruition.