reshoring lighthouse design centre, glasgow, aug 2013 (1)
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![Page 1: Reshoring lighthouse design centre, glasgow, aug 2013 (1)](https://reader036.vdocuments.mx/reader036/viewer/2022073101/5446c6a5afaf9f65178b472b/html5/thumbnails/1.jpg)
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
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RESHORING bringing production back
Mike Parsons
presentation at Glasgow Lighthouse,
Design Centre Aug 23rd 2013
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RESHORING bringing production back
Mike Parsons
![Page 4: Reshoring lighthouse design centre, glasgow, aug 2013 (1)](https://reader036.vdocuments.mx/reader036/viewer/2022073101/5446c6a5afaf9f65178b472b/html5/thumbnails/4.jpg)
RESHORING
Mike Parsons
![Page 5: Reshoring lighthouse design centre, glasgow, aug 2013 (1)](https://reader036.vdocuments.mx/reader036/viewer/2022073101/5446c6a5afaf9f65178b472b/html5/thumbnails/5.jpg)
RESHORING
Mike Parsons
![Page 6: Reshoring lighthouse design centre, glasgow, aug 2013 (1)](https://reader036.vdocuments.mx/reader036/viewer/2022073101/5446c6a5afaf9f65178b472b/html5/thumbnails/6.jpg)
WHY is RESHORING essential?
EVIDENCE BASED
Sourcing in China since early 80’s
Findings from my April 2013 visit to S China
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CHINA SUPPLIES
Cost inflation + labour shortage
China factories based on (inland based )
migrant labour
Demographics
New emerging middle class = consumers
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Western World
London’s streets no longer paved with Gold
New attitudes
Job shortages
Young people’s attitude to factories - change
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additional rationale for reshoring
IP protection - less ‘leakage’
shorter lead times,
Less capital tied up
Closer to own production
Faster innovation
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THE HURDLES to RESHORING
Higher costs
Operational (machine) skills
Factory management skills
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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
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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’
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The reshoring JOURNEY is long
Every journey
begins with a single step
Start now!
Mike Parsons
Business mentor
and innovation coach
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Mike Parsons [email protected]
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