According to a recent Boston Consulting Group report, the U.S. and Mexico are the rising stars in terms of attracting manufacturing investment. This is largely due to productivity gains, low wage growth and stable exchange rates. At the same time, cost structures in some traditional export powerhouses have soared. What does it mean? There is likely to be further regionalization of manufacturing, as companies seek to produce in closer geographic proximity to their customers. Good news for U.S. manufacturers since we are the worlds largest economy, and even more impetus for U.S. manufacturers to implement the principles of FEWER and FASTER https://bcgperspectives/content/articles/lean_manufacturing_globalization_shifting_economics_global_manufacturing/?utm_source=201410TOP&utm_medium=Email&utm_campaign=ealert
Posted on: Thu, 30 Oct 2014 13:00:43 +0000
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