A New Era for Manufacturing? (Manufacturing & Industrial Knowledge Community)

A New Era for Manufacturing? (Manufacturing & Industrial Knowledge Community)

July 2015

“Off-shoring” has been a key-trend in manufacturing for over four decades. During this time, China emerged and consolidated its role as a global manufacturing super-power. It overtook the US as the largest manufacturing nation in 2010, and has kept widening its lead since. China currently produces about 80% of the world’s air-conditioners, 70% of its mobile phones and 60% of its shoes1. In 2013 it accounted for 23.2% of global manufacturing, ahead of the US in second place with 17.2%. Japan came in third with 7.8%2. However, over the last few years things have started to change. Technology, speed to market, consumption trends and a “new” China are gradually redefining the way organisations think about manufacturing, and reshaping supply chains globally.

Keywords: Action Memo, Manufacturing & Industrial Community, China, technology

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