I think a lot of companies are re-thinking overseas manufacturing now. It makes them pretty vulnerable when international shipping / tariff / political / pandemic disruptions occur.
My Marketing story: I am an engineer, I test big products in an industry which I will not name. Successful tests and getting the product “off the #@$* test stand!” is a big deal. Recently Marketing held a product several days so they could take a picture with the moon at a prettier phase.
Tell 'em: hey guys, it's called Photoshop. Dead easy. No excuse.
Well, unless you can sell the boss on the idea of having to go to Tahiti for a commercial shoot (actually happened at another ad agency we knew...we did tech and food, we were the cheap seats. Farthest we went for a shoot, outside of corporate HQs in New York, Colorado, and Arizona was Lone Pine. The photographer drove. We weren't fancy.)
I think a lot of companies are re-thinking overseas manufacturing now. It makes them pretty vulnerable when international shipping / tariff / political / pandemic disruptions occur. The last 5 years have seen all of the above.
I think a lot of companies are re-thinking overseas manufacturing now. It makes them pretty vulnerable when international shipping / tariff / political / pandemic disruptions occur. The last 5 years have seen all of the above.
Nah, that’s just a fad. The second things get even just a tad more stable again internationally, corporate greed* wins out again.
My (arguably quite warranted) cynicism aside, the idealist in me hopes that you’re right.
*That often maligned, so-called “corporate greed” includes not only VP and c-suite compensations, but also re-investments, and in the case of publicly traded companies to a massive degree shareholder interests, which—and that’s often conveniently forgotten—include Jane and Joe Shmoe’s very much crucial retirement funds.
Nah, that’s just a fad. The second things get even just a tad more stable again internationally, corporate greed* wins out again.
My (arguably quite warranted) cynicism aside, the idealist in me hopes that you’re right.
*That often maligned, so-called “corporate greed” includes not only VP and c-suite compensations, but also re-investments, and in the case of publicly traded companies to a massive degree shareholder interests, which—and that’s often conveniently forgotten—include Jane and Joe Shmoe’s very much crucial retirement funds.
Don’t disagree with the idea that corporations will go back to overseas production the moment they think it will pay off, but I’m pessimistic that things will be stable any time soon.
Don’t disagree with the idea that corporations will go back to overseas production the moment they think it will pay off, but I’m pessimistic that things will be stable any time soon.
Granted, I’ve been on this planet for a mere 40 years, but I can’t remember a time where anything has been even remotely stable.
Since I’ve been around:
The 80s? Cold War.
The 90s? Post-Cold War reshuffling of military and economic powers to fill the vacuum that the just-collapsed USSR left behind.
The oughts? The world-wide instabilities caused by Islamic terror attacks and the west’s reaction to it.
The late oughts and first half of the 2010s? Global economical crisis from the US housing crash and the Euro Zone’s struggles with some defaulting nations.
Ok, I think you’re right. There was a phase from about mid 2017 to early 2018 that was going pretty decent overall.
My point: There’s always something going on in the world. It’s how you deal with it that makes the difference. Not putting all your eggs in one basket is a great first step towards ensuring stability, be it for a corporation or the individual. Globalization is fine. It’s a great tool towards wealth and stability, for societies as well as the one. So is local supply and production. It’s a healthy mix of both that leads to something bigger than the sum if its parts.
Ordered a FV and Bifrost 2 last week. Said 4-6 weeks for the Bifrost and I just got a shipping notification! I was ok with waiting a while but now that everything should be here next week I can't wait!
I think a lot of companies are re-thinking overseas manufacturing now. It makes them pretty vulnerable when international shipping / tariff / political / pandemic disruptions occur. The last 5 years have seen all of the above.
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