article thumbnail

How Do We Know National Network for Manufacturing Innovation is Working? Because China is Copying It.

GlobalTranz

In this post, Adam discusses the National Network for Manufacturing Innovation or NNMI and how it relates to the Made in China 2025 initiative. . model, aggressively integrating Internet of Things technology into manufacturing and targeting specific advanced industries in which they hope to succeed. The Rise of Chinese Manufacturing.

article thumbnail

Manufacturing Labor Productivity: A Vital Metric to Spur for American Manufacturing to Compete

GlobalTranz

Two weeks ago the Bureau of Labor Statistics handed down some pretty dismal news for American manufacturing—news that was largely overshadowed by the façade of job growth numbers. Yes, American manufacturing is adding jobs. And that’s very dangerous, especially because that decline extends to the manufacturing sector.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Investing in Manufacturing Innovation & Competitiveness: Will the next Silicon Valley be located in the United States?

GlobalTranz

Editor's Note : In this guest blog post from Adams Nager, of ITIF (Information Technology & Innovation Foundation) , he stresses the importance of fostering innovation and spurring competitiveness of American Manufacturing by focusing on more R&D from both the public and private sectors. The rest is history. Unless the U.S.

article thumbnail

Reshoring Optimism, But Not Much Else

GlobalTranz

Although, long term, reshoring makes sense for some, at the end of the day, what reshoring does is remind executives at manufacturing companies to look at the long term, then decide what is best for the company. But this respite does not mean that manufacturing jobs are reappearing. labor force was 35 percent smaller than it is today).

article thumbnail

What Steph Curry and LeBron James Can Teach Us About Innovation

GlobalTranz

At any particular time, the manufacturer focuses on making slight improvements in the product: shaving off a few dollars in cost, improving quality a bit, adding a couple of new designs, etc. These improvements often determine whether a manufacturer is competitive with its rivals across town or across the globe.

article thumbnail

What Creates Jobs? Welcoming STEM Workers

GlobalTranz

policymakers would be well-advised to also enact a comprehensive slate of policies that bring fresh approaches to STEM education and worker production to the United States. Areas of interest include international competitiveness, macroeconomic theory, STEM education policy, and high-skilled immigration issues.

St. Louis 120
article thumbnail

Everybody Needs STEM Talent

GlobalTranz

To further this flawed argument, the Economic Policy Institute (EPI) has recently launched a new website ostensibly designed to increase transparency into the H-1b and other visa programs, but in function serves to argue that the jobs that are being filled by guest-workers are jobs that American’s would otherwise fill. CVS is not alone.