Rethinking Local Manufacturing in a Global Market (American Machinist)

"Local manufacturing marketplaces" are regional networks in which value is created and retained - as opposed to being distributed outside the local economy. In this episode of Great Question: A Manufacturing Podcast, management consultant Chris Bassett explains that manufacturers’ drive for efficiency in their decision-making causes them to pass by opportunities that involve less time and fewer communication challenges, and bring faster problem resolution and smoother product-quality management.