Rapidly changing global market trends require manufacturers to think about their footprint in a radically different way. Offshoring from West to East is no longer the panacea it once was. The spread of globalisation poses the challenge — how can manufacturers capitalise on the shifting demand and supply patterns by optimising their footprint?
The optimisation of a manufacturing footprint once meant reacting to the latest trend in labour cost arbitrage to improve operating margins; now, however, winning a sustainable performance advantage versus competing supply chains requires optimisation across a broader set of factors.
In this article, A&M Managing Director Knut Konzelmann examines how manufacturers can proactively pursue long-term strategic aims and optimize their manufacturing footprint.