Manufacturers are finding that playing the globalization game these days is a bit like getting involved in a high-stakes game of billiards where the rules are constantly changing. Manufacturing organizations considering establishing or expanding operations globally have to worry about rising energy and logistics costs, looming quality issues, the rising cost of labor in places like China and India, and the shortage of qualified managers in places like China. That's on top of all the regulatory, tax rate, and IP protection issues that have always been out there.
How can manufacturing companies stay on top of this very dynamic environment, minimize risk, and maximize the rewards of globalization?
Source: Managing Automation, http://www.managingautomation.com