When you use the rationalization method of deciding how to optimize your manufacturing operations around the globe, simple decision rules no longer apply. You’ll need to consider where your customers are, currency issues, and expected trends as well as the flexibility to spread risk.
We’ll talk about aligning your physical footprint with your regional, multiregional, and global customers and suppliers. We’ll walk you through the process of developing a robust facility location decision model that brings together assumptions on revenue, capital investment, and working capital.
Our panel of experts will also address the importance of a payback evaluation timeframe and share some “best thinking” from successful entrepreneurs and owners.
At the conclusion of this training, participants will be able to:
- List the major considerations for identifying and deciding on their manufacturing footprint
- Discuss projected trends in globalization and how they impact their manufacturing strategy
- Define the impact of currency risk and business and cultural differences on cross-border business
Presenters | Lou Longo and his colleagues in the Plante Moran International Office.