Massachusetts Institute of Technology
Sign in | Create Account

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. If you don’t have an account yet, sign up now!

LGO

LGO

Category: Education | Updated 13 days ago

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


Viewed
3824 times

More from LGO

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

"Challenges and Opportunities in Ma...

Added 2 years ago | 00:58:20 | 5247 views

"Aha moments" for LGOs at MIT

"Aha moments" for LGOs at MIT

Added almost 2 years ago | 00:01:51 | 2474 views

Invitation to LGO Ambassador Day 2011

Invitation to LGO Ambassador Day 2011

Added over 2 years ago | 00:00:56 | 6102 views

Dean David Schmittlein, MIT Sloan School of Management, on LGO: "A signature program for MIT"

Dean David Schmittlein, MIT Sloan S...

Added almost 3 years ago | 00:02:20 | 5099 views

Gus Tai at 2013 LGO Alumni Conference

Gus Tai at 2013 LGO Alumni Conference

Added 1 year ago | 00:03:50 | 791 views

Cindy Estrada on "The Role of Labor in the Manufacturing Economy After the Financial Crisis"

Cindy Estrada on "The Role of Labor...

Added 2 years ago | 00:20:15 | 3166 views