Overview: Mississippi Make It In America...Reference: Research conducted by MIT (Simchi-Levi) based...

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Overview: Mississippi Make It In America South Delta Planning and Development District | Greenville, MS

Transcript of Overview: Mississippi Make It In America...Reference: Research conducted by MIT (Simchi-Levi) based...

Page 1: Overview: Mississippi Make It In America...Reference: Research conducted by MIT (Simchi-Levi) based on a survey of 108 U.S. based manufacturing companies with multinational operations

Overview: Mississippi Make It In America

South Delta Planning and Development District | Greenville, MS

Page 2: Overview: Mississippi Make It In America...Reference: Research conducted by MIT (Simchi-Levi) based on a survey of 108 U.S. based manufacturing companies with multinational operations

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The “Shoring” Decision

Material

Quality

Warranty Accountability Flexibility Responsiveness

Coordination

Obsolescence (Parts, Final)

Geo-Political Changes

Product Development

Intermodal & Containerization

Re-work

Inventory Carrying Cost Currency Exchange Rates

Warehousing Transportation

Risk

Tariffs

Labor

Intellectual Property

Corporate Tax Rates

Lead-Time

“When all costs are taken into account, certain U.S. states … “will turn out to be among the least expensive production sites in the

industrialized world. .. The early evidence of such a shift is mounting.” Made in America, Again; Boston Consulting Group, August 2011

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The Survey Says …

• Major Reasons for Reshoring – Reduce Time to Market – Respond Faster to Customer

Orders – Savings from Warehousing /

Transportation – Improved Quality – Protection of IP

Reference: Research conducted by MIT (Simchi-Levi) based on a survey of 108 U.S. based manufacturing companies with multinational operations … “Some Firms Opt to Bring Manufacturing Back to U.S.”, Wall Street Journal, July 18, 2012

“Close the Gap” Best Practices (e.g., Lean and Six Sigma) and robust workforce training … lead to an increasingly competitive manufacturing environment.

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Make It In America Challenge • 2013 Federal Initiative to grow U.S.

manufacturing through reshoring – Four federal funding agencies (EDA, ETA, NIST-

MEP, DRA) – Winning proposal: “Reshoring Advanced

Manufacturing Jobs in Mississippi: Enhancing Skills and Building Competitiveness”

– Three-year program – One of 10 such awards nationally

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“Make it in Mississippi” Project Team

South Delta Planning and Development District | Greenville, MS

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Harry Moser, Reshoring Initiative

The mission of the Reshoring Initiative is to bring good, well-

paying manufacturing jobs back to the United States by assisting companies to more accurately assess their total cost of offshoring, and shift

collective thinking from offshoring is cheaper to local

reduces the total cost of ownership.

Quality Magazine’s 2012 Quality Professional of the Year

www.reshorenow.org

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MMIIA Program Thrusts • Helping Mississippi Manufacturers Strengthen

Their Supply Chains – Discovering Opportunities & Technical Assistance

Projects – “Tiger team” sourcing projects

• Training Workers to Acquire Advanced Manufacturing Skills – Advanced manufacturing training and internships

(community college partners) – Six Sigma Green Belt, Lean Certificate, Management

& Supervisory training

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Opportunity Scouting

Reshoring “Tiger Teams”

Building Workforce Capacity in Critical

Skill Sets Developing Competitive

SMEs within economically distressed areas.

More Competitive Supply Chain

Accelerating Reshoring in Mississippi

Technical Assistance

Engineering & Managerial Professional Development

Advanced Maintenance

Skill Sets (Internships)

“In manufacturing today, there is a shortage of skilled workers. For reshoring to succeed, we need a better quality and quantity of skilled workforce.” Harry Moser, founder Reshoring Initiative (July 1, 2012, Toledo Business Journal)

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Approach …

• Workplace Competitiveness – Plant Master Planning – Lean Manufacturing & Six Sigma

• Workforce Skills – Pipeline – “Middle Skill” Gaps – Professional

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Metrics … Supply Chain

• Listening Sessions … Grenada, Hattiesburg, Canton, Indianola, Tupelo, Biloxi, Starkville,

• Connecting with over 150 companies and organizations.

• 96 “Tiger Team” projects • 50 Technical Assistance projects • 419 jobs created • $39,000,000 in Private Investment leveraged

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Metrics … Workforce • 30 Certifications in Six Sigma and Lean

Manufacturing • 30 Completing Management and Supervisory

Training • 211 Interns placed in “middle skill” positions

with 68 different companies. (continuing). – Tool and die makers, electricians, machinery

mechanics, welders, machinists, network specialists, …

• Longitudinal Tracking is continuing …

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Useful Websites

• Reshoring Initiative – http://www.reshorenow.org/ – http://www.reshorenow.org/tco-estimator/

• ACE Tool (Assess Costs Everywhere)

– http://acetool.commerce.gov/