Canadian company Transformix knows the secret to making manufacturing work – add value and have a good neighbor. Everything else will take care of itself. So when the tsunami hit Japan, Transformix CEO Peng-Sang Cau did not worry about the impact. She bought more supplies. Ms. Cau does not worry about from where her parts… Read more »
Posts Tagged: Productivity (p485)
If It Costs More to Make, It Costs More to Buy
As Volkswagen opens its new plant in Tennessee, talks renew about how labor, particularly unionized labor, influence the cost of new vehicles and the viability of automakers. While foreign manufacturers are locating in the South and paying about half the amount a union worker makes, the Big Three in Detroit have been unable to see… Read more »
The Power of People
The one bright spot in the economic downturn may be prolonging it. Since the current recession began, worker productivity has been increasing. The upswing is not due to investment in technologies. It is simply the result of swelling worker output. QUESTIONS: Before reading the article, look at the brief section on productivity in Chapter 18…. Read more »