John L. Flannery Quotes

In the case of Apple, they did originally do production internally, but then along came unbelievably good outsourced manufacturing from companies like Foxconn. We don't have that in the rocket business. There's no Foxconn in the rocket business.

It's crazy to go into manufacturing. That's not where the money is.

India is still considered a preferred destination for many multinationals to manufacture cost-competitive high-technology products for domestic consumption as well as for global demand.

As I've written before, China's ability to be the assembly line to the world wasn't where its role in the global economy ended; it was where it began. An ability to make products cheaper than anywhere else gave way to an ability to make high end products more nimbly than anywhere else.

At a time when we are losing manufacturing jobs in this country, we should be doing everything we can to help our manufacturers stay competitive. They are the backbone of our economy.

For physical goods, there are costs associated with logistics and lead times, owing to inventories and poor forecasts of the market. With digital capital-intensive technology, however, production will inevitably move toward the final market, wherever it is. This re-localization constitutes a major shift in the structure of global supply networks.

The right focus for the U.S. is on advanced manufacturing - something that requires innovation.

There has to be a drive to make the U.K. competitive in the motorcar industry or in the engineering industry. To do that, you have to give attention to the manufacturing sector.

I think we have to pick up some sectors where we can make India the global hub in the entire value chain, and the most important sector to pick up should be electronics.

The economic situation, the high cost of undertaking manufacturing, the supply chain - which is, by the way, dying out also as manufacturing undergoes hardship - make the U.K. not the first place you would look at to make a manufacturing investment.

In the postwar period, Americans turned away from quality as the principal goal of manufacturing and made cost the principal goal. Japanese, restructuring their companies, made exactly the opposite decision.

These days, the manufacturing is controlled by a small number of countries, primarily Taiwan and South Korea.

Extra capacity makes manufacturing competitive, keeps pricing in control.

In the U.S., a lot of small manufacturers are pretty good. I don't see any reason why India won't make the same progress in manufacturing as it did in services.

Manufacturing all over the world has the benefit of efficiency. That's great. I support it.

One of the good things that's happening in manufacturing in Mexico is that the old maquiladora that was relegated to just assembling things has changed in different sectors. One of these sectors is the aerospace industry and in how we attract workers that have been in technical school.

With a global society hungry for luxury, distribution and supply chains are now as important for executives as a hands-on feel for products.

Chinese productivity is the highest in the world but the way they do it is by borrowing the technology from abroad, either by joint ventures or other means.

Businesses are no longer receiving the cost savings from outsourcing that they once did.

Compared to industry in Europe or Japan, where industry was based on a craft tradition, we are sadly behind.

In the four decades after World War II, manufacturing jobs paid more than other jobs for given skills. But that is much less true today. Increased international competition has forced American manufacturers to reduce costs. As a result, the pay premium for low-skilled workers in manufacturing is smaller than it once was.

I've gone to China, bought a manufacturing company and moved it to America. Now China wants to buy back some of that new technology from me. That's a great story for America.

Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.

Do we want in this nation to lose the backbone of manufacturing in this country? Do we want to be a nation that doesn't want to manufacture anything?

One of the criteria for a global company is that it should have a manufacturing presence in multiple countries and should not only be an exporter.