Massachusetts Institute of Technology
Sign in

David Simchi-Levi: "Is it Time to Rethink Your Manufacturing Strategy?"

David Simchi-Levi, LGO faculty co-director and professor of civil and environmental engineering and engineering systems

Keynote speaker at MIT LGO conference on "The Future of Manufacturing in the U.S." (May 8, 2012)

A growing number of U.S. executives are repatriating their manufacturing capabilities—moving some production operations back from overseas. One such company is Ford, which in August 2010 announced plans to bring back about 2,200 parts-production jobs. Another example is Caterpillar, which is investing $120 million in a new Victoria, TX, plant to make excavator machines—devices formerly made at a Caterpillar plant in Japan.
 
Washington policy makers strongly support these moves: inside the Beltway there is unanimous agreement that the United States should push for growth in the manufacturing sector. But if corporate and political policy makers are increasingly focused on American manufacturing, why has this sector lost six million jobs since 1997? Are we truly entering a new era, or are the above examples rare exceptions to a largely irreversible trend? The signals are mixed at best! The objective of this presentation is to help answer these questions by identifying the most influential drivers of manufacturing growth.

Comments (0)

It looks like no one has posted a comment yet. You can be the first!

You need to log in, in order to post comments.

LGO

LGO

Category: Education | Updated over 1 year ago

Created
May 30, 2012 16:02
Category
Tags
License
All Rights Reserved (What is this?)
Additional Files


Viewed
5443 times

More from LGO

"Challenges and Opportunities in Manufacturing" (LGO conference panel)

"Challenges and Opportunities in Ma...

Added 4 years ago | 00:58:20 | 6821 views

Diana Tremblay on "Global Manufacturing: Challenges, Opportunities and Impact for the U.S."

Diana Tremblay on "Global Manufactu...

Added 4 years ago | 00:38:51 | 3838 views

John Bryson: "Towards a Renaissance in Manufacturing"

John Bryson: "Towards a Renaissance...

Added 4 years ago | 00:30:58 | 4023 views

The LFM Difference

The LFM Difference

Added over 9 years ago | 00:02:48 | 10757 views

"Innovation in Manufacturing" (LGO conference panel)

"Innovation in Manufacturing" (LGO ...

Added 4 years ago | 00:55:04 | 6579 views

Jeffrey Turner on "Transforming through the Challenges in Large Commercial Aerospace"

Jeffrey Turner on "Transforming thr...

Added 4 years ago | 00:37:18 | 4039 views