Manufacturing Footprint
Optimizing your manufacturing footprint is more important than ever before. Global uncertainties and disruptions are driving many companies to determine how to prepare their manufacturing footprint for the future from for example the perspectives of cost, risk and sustainability.
Congratulations to our Canada based client Hammond Power Solutions with the choice for a new production facility in Fort Worth, TX! It was a great experience working together with the professional and enthusiastic HPS team, from the very beginning till the finale lease and incentive arrangements . We are convinced that the new facility will strengthen the company's position in the US market. Many thanks also to all stakeholders who supported HPS/BCI Global in its journey to find a great location for this state-of-the-art plant.
Forbes has announced that BCI Global/Buck Consultants International is one of the (200) World’s Best Management Consulting Firms. Being recognized for the 5th time in a row does sound like a repetition. But we do not want to become accustomed to recognitions like this -especially in challenging and rapidly changing times.
In the current global environment, uncertainty is a given. Geopolitical turmoil, (manufacturing ) technology developments, labor market challenges, tax climate changes to name a few, are drivers for your company to review and optimize its manufacturing footprint. Strategic considerations that should be included in the scope of your manufacturing footprint initiatives are for example:
- Can we de-risk our manufacturing footprint through decentralization?
- Should we consolidate to maximize economies of scale or should we manufacture close to our customer base in a decentralized footprint?
- What will be the impact of new manufacturing technology on our optimal footprint for the future?
- How should be balance Make versus Buy strategies?
- Are strategies such as near-sourcing, near-shoring, re-shoring, China+1, viable strategies for our company?
A thorough process, with quantitative analysis combined with qualitative and risk analysis, allows you to determine the best footprint solution for your manufacturing operations taking into account business strategy, volume projections and expected external developments.
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