the future of manufacturing in ct. mfg. in ct--today end product mfrs. large, global, b to b mfrs....
TRANSCRIPT
THE FUTURE OF MANUFACTURING IN CT
MFG. IN CT--TODAYEND PRODUCT MFRS.LARGE, GLOBAL, B TO B MFRS.CONTRACT MFRS.MFG. SERVICE PROVIDERSMISC. SERVICE PROVIDERS
END PRODUCT MFRS. (DRIVERS)
UNITED TECHNOLOGIES, GE, PITNEY BOWES, STANLEY WORKS, ELECTRIC BOAT, US SURGICAL, XEROX, LOCTITE, KAMAN, ETC.
LARGE, “GLOBAL” B TO BBARNES GROUP, TIMKEN
(TORRINGTON), ROGERS, LYDALL, PRAXAIR, TRUMPF, STANADYNE, ETC.
(MANY) CONTRACT MFRS.STAMPING (OKAY), SPRINGS,
MACHINING, PLASTIC INJECTION MOLDING, DIE CASTING, METAL INJECTION MOLDING, POWDERED METAL, ETC.
MFG. SERVICE PROVIDERSHEAT TREATING, PLATING,
AUTOMATION SUPPLIERS PLUMBING/ELECTRICAL CONTRACTORS, STEEL ROLLING MILLS, PACKAGING SERVICES, CORRUGATED, ISO CONSULTANTS, ETC.
MISC. SERVICE PROVIDERS
PAYROLL, IT, ACCT’G., LEGAL, TRAINING, ENVIRONMENTAL, BUSINESS CONSULTANTS, ETC.
PROBLEMS COMMON TO ALL OF THESE GROUPS
HEALTH CARE COSTSAGING FACILITIES, AGING SKILLED
WORKERS, INSUFFICIENT REPLACEMENTS
LIABILITY, W.C. INSURANCE COSTSPENSION COSTSTAXESFOREIGN COMPETITION
SURVIVAL STRATEGIES FOR SMALLS
MORE MKTG. TO DIVERSIFY CLOSER LIASON WITH CUST. R&D CONTINUOUS PROCESS IMPROVE.—
QUALITY, LEADTIMES, LEAN (ELIMINATE WASTE)
MORE VALUE ADDED SERVICES, E.G., SUBASSEMBLIES
WORKING CONDITIONS/RECRUITING
SURVIVAL STRATEGIES FOR “BIGCOS”
INTERNET AUCTIONSFOCUS ON CORP, R&D IN CT, LESS
ON MFG.MORE INNOVATION, NEW
PRODUCTS, NEW MARKETSMOVE/EXPAND TO LOWER COST
AREASCHINA (LARGE MARKET, LOW COST)
HUGE DEPENDENCE ON “BIGCOS”
PROXIMITY IS A SIGNIFICANT COMPETITIVE ADVANTAGE FOR:
CONTRACT MFRS.MFG SERVICE PROVIDERSMISC. SERVICE PROVIDERS
RESPONSES TO BUSINESS LOST TO CHINA/ASIA
DIVERSIFY/ADD NEW BUSINESS FASTER THAN EROSION OF OLD
SET UP CHINA SATELLITE TO KEEP CUSTOMERS/LOWER COSTS
MAINTAIN SOME HIGHER END MFG. IN CT, PURCHASE OTHER FROM CHINA FOR RESALE
BUSINESS CLIMATE PROMOTORS
C.B.I.A.GOVERNOR’S COUNCIL ON
COMPETITIVENESS & TECHNOLOGYMAD(E) IN THE USA
GOVERNOR’S COUNCIL INITIATIVES
BUSINESS CLUSTERSECONOMIC ADVISORY BOARDS ISSUE ADVISORY GROUPS
MANUFACTURING CLUSTERS
AEROSPACE COMPONENTS MFG.BIO SCIENCEMETAL MANUFACTURINGPLASTIC MANUFACTURINGNON MFG: INSURANCE, MARITIME,
AGRICULTURE, SOFTWARE/IT, AND TOURISM
ECONOMIC ADVISORY BOARDS
TRANSPORTATIONWORKFORCE DEVELOPMENT INNER CITY REVITALIZATIONMARKETINGLEAN MFG. STATEWIDESTATE BIO SCIENCE OFFICE
ISSUE ADVISORY GROUPSCT ENERGY ISSUESREGIONAL VOC TECH SCHOOLS
CONCLUSIONSCONTINUED GRADUAL EROSION OF
MFG. EMPLOYMENT INNOVATION WILL ADD NEW JOBSBETTER TO PROMOTE INNOVATION
THAN TO HANG ON TO OLD TECH.WE CAN MAINTAIN/IMPROVE GAINS
IN BUSINESS COSTS