Dispelling the Manufacturing Myth

Download or read book Dispelling the Manufacturing Myth written by National Research Council and published by National Academies Press. This book was released on 1992-02-01 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom holds that high wages, high capital costs, and worker inflexibility have cost America its ability to compete in the world manufacturing marketplace. This book demonstrates that U.S.-based manufacturing can compete in terms of quality, product features, and timely deliveryâ€"the real measures of competitiveness in the 1990s. The committee identifies attributes that attract manufacturers to given locations and assesses the attractiveness of the United States as a location for different kinds of manufacturing. The volume dispels myths that have guided management decision making in the past and offers recommendations to promote the United States as a manufacturing site. The volume discusses new approaches to understanding and controlling costs. With case studies from three important industriesâ€"consumer electronics, semiconductors, and automobilesâ€"the book explores factors in site location decisions, highlighting advantages the United States can offer as a manufacturing site over low-cost rivals.