Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Reshoring lighthouse design centre, glasgow, aug 2013 (1)

  • Login to see the comments

Reshoring lighthouse design centre, glasgow, aug 2013 (1)

  1. 1. MIke Parsons Business mentor and innovation coach Innovator in Residence, Lancaster University Management School co-author (with Mary Rose) Invisible on Everest Founder OMM, lightweight packs and clothing Formerly CEO and chief innovator Karrimor : 320 employees
  2. 2. RESHORING bringing production back Mike Parsons presentation at Glasgow Lighthouse, Design Centre Aug 23rd 2013
  3. 3. RESHORING bringing production back Mike Parsons
  4. 4. RESHORING Mike Parsons
  5. 5. RESHORING Mike Parsons
  6. 6. WHY is RESHORING essential? EVIDENCE BASED Sourcing in China since early 80’s Findings from my April 2013 visit to S China
  7. 7. CHINA SUPPLIES Cost inflation + labour shortage China factories based on (inland based ) migrant labour Demographics New emerging middle class = consumers
  8. 8. Western World London’s streets no longer paved with Gold New attitudes Job shortages Young people’s attitude to factories - change
  9. 9. additional rationale for reshoring IP protection - less ‘leakage’ shorter lead times, Less capital tied up Closer to own production Faster innovation
  10. 10. THE HURDLES to RESHORING Higher costs Operational (machine) skills Factory management skills
  11. 11. Overcoming hurdles Ask your China suppliers to set up in Europe Change business model, sell direct Innovate by design, use emerging technology Lean manufacturing/pull systems
  12. 12. Overcoming hurdles - examples Apple brings Foxconn to USA Change business model, internet and online sales Emerging technologies -- 3D printing Convince your customer that better service = higher outcome margins Intake margins, product managers ‘god’
  13. 13. The reshoring JOURNEY is long Every journey begins with a single step Start now! Mike Parsons Business mentor and innovation coach theomm.mike@gmail.com
  14. 14. Mike Parsons theomm.mike@gmail.com Business mentor and innovation coach Innovator in Residence, Lancaster University Management School co-author (with Mary Rose) Invisible on Everest Formerly CEO and chief innovator Karrimor : 320 employees Founder OMM, lightweight packs and clothing

×