Supply Chain Pendulum Swings—You may have heard the phrase, “Those who fail to study history are doomed to repeat it.” Another one is “Everything old is new again”
What’s the right solution for your company?Is it INSOURCE, NEARSOURCE, OUTSOURCE, RIGHTSOURCE?
Don’t go it alone. Don’t try to grow it alone. You can’t and shouldn’t. . . . There’s another group you should consider talking with. That’s a group of peers that own businesses, don’t compete with you, will keep everything confidential, are willing to learn from you and give you their best thoughts. That’s a Peer Advisory Council or PaC. It’s a pack of like minds that work with you to help all succeed.
My faith in innovation, improving sustainability for our planet, and manufacturing remains strong with such applications of recyclable, corrugated paper board.
Why do we care what manufacturing is? We care because it is a major contributor to the wealth, health, and prosperity of people and nations. . . . As with any statistic, it is important to understand the numbers and determine if you are measuring the right things in the right way. If the end goal is “wealth, health, and prosperity” then measuring the number of menial labor jobs in manufacturing is likely not the right measure
As explained in the last article, Deming and Drucker were instrumental in taking manufacturing from individual craftsmanship to modern automated production at volume with repeatable quality in all aspects of dimensions, performance, and characteristics. They were advocates of eliminating waste and continuous improvement. They even went so far as to develop similar processes and attitudes in administrative functions. As good as the Quality Management Systems they developed are, they don’t tell the whole story of what it takes to run a manufacturing business, let alone a services or e-commerce business.
Springs, Fall 2018 Vol 57 No 4:https://issuu.com/springmanufacturersinstitute/docs/smi_fall_2018/36