Quote:
Originally Posted by RickS
......For better or worse, manufacturing is increasingly done in countries with low labour costs or by robots.
Cheers,
Rick.
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What your Company does is great ( I'd worry too much, China is not very respectful of intellectual property... I digress) but I don't subscribe to the latter mantra.
Mittelstand companies in Germany have very expensive labour yet are "highly focused, achieving unprecedented efficiencies" via excellent products (i.e. not everyone wants cheap and often crappy goods ) and great management.
Australian management are often bleating "high cost of labour". Yet workers given the right structures and products, as the Germans have shown, can be very productive without being in sweatshops.
If I were to put this in a nutshell: selling a tonne of iron for $50 and getting a few grams of it back from foreign shores, in the form of say, a $5000 Rolex
is not a national road to prosperity
