NMW keynotes cover the world of manufacturing
At a pivotal time in American manufacturing, attendees at National Manufacturing Week will get insight from some of America's top business leaders and some of the world's top business analysts. From a look across the Pacific to a candid assessment of America's own problems and opportunities, keynote speakers at this year's NMW will offer some perspectives on the state of global manufacturing C...
At a pivotal time in American manufacturing, attendees at National Manufacturing Week will get insight from some of America's top business leaders and some of the world's top business analysts. From a look across the Pacific to a candid assessment of America's own problems and opportunities, keynote speakers at this year's NMW will offer some perspectives on the state of global manufacturing
Colin Wu, president of China Business Sources, will kick off the keynotes on Monday, March 20 from 4 p.m. to 5 p.m. with a program titled, "What's Behind Chinese Competitiveness?" Wu will examine the issues of Chinese labor costs, social and political factors and how those cost factors impact American manufacturing. He will also offer his perspective on how American manufacturing's traditional emphasis on innovation and quality can help America compete and succeed in the emerging global landscape.
Former Health and Human Services Secretary and former Wisconsin Gov. Tommy Thompson and Doug Engel, vice chairman and U.S. manufacturing industry leader for Deloitte and Touche USA, will get NMW's first full day off to a big start with their presentation, "Managing Structural Costs and Maintaining Competitive Edge: Improving Your Position in the Global Marketplace." They will speak on Tuesday, March 21 from 9 a.m. to 10 a.m.
While companies have taken most of the 'extra" costs out of manufacturing, the focus now is managing those costs that are always present but most complicated to address. These include rising healthcare costs and pension cost management, costs related to regulatory compliance, such as Sarbanes Oxley Tax management, energy cost management and litigation costs. Such costs are 22% higher than other global trading partners. Engle and Thompson, who is now chairman of the Deloitte Center for Health Solutions, will discuss the impact of these costs on business and learn more about cost cutting initiatives and solutions for the executives dealing with ways to manage the costs.
Another perspective on cost management will be offered by Mary Frances Cox, senior vice president of operations for Schneider Electric, at her keynote on Tuesday, March 21 from 1 p.m. to 2 p.m. Cox's presentation, "Manufacturing Excellence: Shaving Millions Out of the Manufacturing Cost Base," will discuss how focusing on a combination of levers in the areas of manufacturing, purchasing, materials, logistics and people can reduce costs and improve performance in all areas of the value stream in operations.
Automation is one of the crucial areas facing every plant operation, and Mike Santori, a fellow with National Instruments, will talk on Tuesday, March 21 from 4 p.m. to 5 p.m. on the subject, "Automation: How to Compete in a Global Economy." Santori will discuss the new technologies that enable higher efficiency in the entire production process — from design to manufacturing to validation.
James Owens, chairman and CEO of Caterpillar, will start the show's second day with his keynote from 9 a.m. to 10 a.m. Titled, "Manufacturing Leadership in the Global Marketplace," Owens' address will look at how the expansion of free trade and market-based business practices provides both challenges and opportunities. How can U.S.-based manufacturers compete in this global environment and succeed? How can the growth and expansion of free trade with countries like China benefit the U.S. economy? Owens, whose company has turned the challenges of the global marketplace into record-breaking business success, will address these subjects and provide insight on Caterpillar's strategies.
Another key global business leader will discuss the ways to get to multiple markets. Gilles Bouchard, executive vice president of global operations for Hewlett Packard, will address the NMW audience on Wednesday, March 22 from 1 p.m. to 2 p.m. "It's About Customer Choice: Managing Multiple Routes-to-Market on a Global Scale," will look at the challenge of operating across diverse geographic regions where buying behaviors and preferences can differ significantly. Bouchard will discuss the balancing act of striving to continually optimize multiple routes-to-market while, at the same time, building customer loyalty and beating the competition.
Jack Perkowski, the founder and CEO of ASIMCO, one of the most successful Western-owned businesses in China, will address NMW on Thursday, March 23 from 9 a.m. to 10 a.m. on China's opportunities and challenges. While the market in China is rife with opportunities, doing business in China poses unique circumstances and problems.
All keynote speeches will be held in Room 1 at the Stephens Convention Center, site of the 2006 National Manufacturing Week. The speeches are open to all badges holders, and doors will open one-half hour before each event.
National Manufacturing Week
Dates : March 20-23
Location : Stephens Convention Center, Rosemont, IL
Website : www.manufacturingweek.com
Exhibit Hours :
Tuesday, March 21
10 a.m. to 5 p.m.
Wednesday, March 22
10 a.m. to 5 p.m.
Thursday, March 23
10 a.m. to 5 p.m.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey