How do we fix the broken global supply chain – so we can not only make the goods we need, but also get them efficiently to where they are needed?
In this op-ed in The Manufacturer, CloudNC founder Theo Saville says the solution doesn’t lie in trade barriers, tax incentives and talent development – but in improving the manufacturing process itself.
Theo explains: “We need to make manufacturing faster and more efficient so that when global crises hit, the sector becomes part of the solution, and not the problem.
“There’s a huge amount of redundancy built into the current system. If we could remove that – for example, by improving scheduling, tool usage or operator ability – we could dramatically improve how effectively manufacturers are able to operate.
“More cost-effective production processes level the global playing field, meaning factories in countries like the US and UK are again able to compete on price against their counterparts on the other side of the world.
“In turn, a stronger domestic sector means shorter supply chains, reducing the overall environmental footprint, while also reducing the threat posed both by disruptive global crises like the Ukraine conflict or the Suez Canal blockage.”
You can read the full piece at The Manufacturer here!