How Can Massachusetts Companies Succeed in International Markets?
Date: Thursday, January 20, 2023 Time: 8:00 – 11:30 a.m. Location: National Grid Westborough Corporate Office
25 Research Drive
Westborough, MA
Registration Information: Contact Mary McNally-Cooke at 617-262-1180 ext. 1180 or [email protected] Registration Fee: $50 Members of A.I.M. or $75 Nonmembers
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To meet today’s competitive challenges, every company has to be a global competitor. The rise of low-cost foreign manufacturing creates unrelenting pressure for higher productivity. Many businesses have to consider outsourcing. Everyone is reacting to pressure from customers to lower product prices and from company stakeholders to improve return on capital. Now, Associated Industries of Massachusetts and the Manufacturing Advancement Center (MAC) through Massachusetts Manufacturing Extension Partnership have joined with others to present a series of seminars designed to help you develop the strategy and acquire the tools to meet these challenges successfully!
Surviving the China Challenge The first program in this series will address the issue no manufacturer can ignore – how do I manage successfully against competition from China? What is the formula for achieving international business success? What are the secrets to managing the risks involved in any new venture in Asia? Is it really necessary to have a ‘presence’ in China and other low cost countries to survive? How does a mid-size manufacturer make these costly decisions about outsourcing? What is the key to managing long distance supplier relationships?
In a time-to-market world, operational clock speed is the neutral measure and reliability is the competitive variable that will determine who profits and who loses. Successful manufacturing survivors are a new breed of globally competitive companies that have met the demand for low product cost while maintaining performance on quality, delivery, and new product needs. The manufacturing landscape is full of compelling stories of success as well as horror stories of expensive failures.
This seminar will help you answer these questions, and learn the facts you need to be a successful global competitor!
