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Rethinking Local Manufacturing in a Global Market (American Machinist)
Episode 393
Published 6 days, 7 hours ago
Description
"Local manufacturing marketplaces" are regional networks in which value is created and retained - as opposed to being distributed outside the local economy. In this episode of Great Question: A Manufacturing Podcast, management consultant Chris Bassett explains that manufacturers’ drive for efficiency in their decision-making causes them to pass by opportunities that involve less time and fewer communication challenges, and bring faster problem resolution and smoother product-quality management.