I help manufacturers build better: lower costs, higher efficiency, and on-time delivery. Any product, anywhere in the world. Global CEO.
One trend we at Manufacturing Transformation Group - MTG (formerly CMC) has seen recently are more companies looking for assistance to manufacture in their own countries rather than source directly from China. Pre-COVID and during COVID, many companies came to us looking for sourcing. Now the requests are for manufacturing set up assistance. Most of these are clueless on how to start but the spirit is there. What are you seeing? Is the future full of more local manufacturing or is this just a fad?
Lots of companies are unsure of what to do and studying their options. That's my feeling.
AI is transformational for manufacturing and critical to revive domestic manufacturing. AI reduces the cost and can reliably do jobs that are very difficult to hire for. Quality inspection is the prime example, but there are other use cases in areas such as predictive maintenance.
The spirit is willing, but the factories are weak.
I agree!
I am working supply chain in China with foreign customers, some of customers want to move supply chain out of China, but not easy. China has built huge gap of cost and quality from West and other countries. With automation development, China supplier is quickly improve quality and cost, quality maintains same level as West countries, but achieve cost level at other countries, and even lower cost because of its huge production capacity, effiency supply chain. Both stopps the potential replacement manufacturers from other countries. And more China manufacturers are moving production to other countries too, but maintain same business relation with west companies as before, I do not think any big change will happen.
We've lost our base workforce and the engineering know how. The management as well. If this is to truly happen it will not be a few years of commitment and then quit. It will take the better part of a decade to restart manufacturing in the West.
VP @ Danaher, IDEX, GE, Honeywell | Industry 4.0 | P&L Ownership | B2B Industrial Automation | Manufacturing | Product Marketing | Go-to-Market | Demand Generation | Public Speaker | Six Sigma | Hoshin Kanri | Clima
4moWe're seeing a similar shift. Companies are increasingly prioritizing local manufacturing to enhance supply chain resilience and reduce dependency on international sources. This trend is likely here to stay, driven by the need for agility and control.