Manufacturing Topography and Cost-Reduction

Here's one to read. Do it today.

"Most companies wait until their costs are demonstrably out of line before they scrutinize their manufacturing topography. But a forward-thinking firm can reduce unit costs by as much as 40 percent of total acquisition costs by asking: How many plants should we have? Where should they be? What should their focus and mission be? Designing an appropriate manufacturing footprint is not an easy process, but the complexity is manageable when a few essential principles are followed." Source: Strategy+Business Magazine.

Know any companies that want to cut their costs by 40%? I'll bet they're making airline reservations for China now. Sorry. I just couldn't resist.