Please refer to the PN Viewpoint “Streak over for US manufacturing?” Page 6, July 5.
I don't think any words can better express the situation we are in as a nation than this cartoon. My congratulations to the creator, Rich Williams.
The panda is getting fatter by the hour, with all the R&D- and manufacturing investment-feed from just about every major U.S. corporation, while we are helplessly barricaded behind the mountains of trade and budget deficits, foreign credit and runaway unemployment.
I wish our corporate leadership would realize the great risk we are in, in not taking a small, calculated risk of investing to develop and implement innovative ideas in our own country — not rushing over to invest abroad.
Our competitive strength in the global market is rapidly diminishing due to shameful waste of machines, materials, process and labor resources in manufacturing and service industries. Why can't we deploy known and proven industrial management concepts of lean Six Sigma, Kaizen, continuous improvement and theory of constraints to alleviate this national waste?
There are so many innovative ideas effectively applied in machines and technology around us. For example, just take plastics processing and study the machine designs and processes used in injection molding, injection blow molding, extrusion blow molding, thermoforming, film making, etc. We will be amazed at how easy it is to borrow a successful idea from one and use it on the other, to bring about profound improvements in productivity and quality.
And of course there is no shortage of breakthrough, innovative ideas tucked away in file cabinets. The common person naively believes that our historical ingenuity will stop this downhill rapid slide by itself. Well, it cannot happen until we overcome the insecurity of leadership.
We must realize, in the long run, there is no safer and better place to invest than in the USA, in our own future.