Boeing and the Dark Age of American Manufacturing
8 days ago
- #Manufacturing
- #Boeing
- #Outsourcing
- Boeing's shift from hands-on manufacturing to outsourcing has led to quality control issues and safety failures.
- The company's outsourcing strategy, aimed at reducing costs, resulted in a loss of manufacturing expertise and oversight.
- Historical context shows a broader decline in U.S. manufacturing, with companies prioritizing financial engineering over production quality.
- Boeing's recent crises, including the 737 door incident, highlight the dangers of disconnecting from the manufacturing process.
- Efforts are being made to reverse this trend, with Boeing considering reacquiring suppliers and investing in in-house production.
- Other companies like GE and Intel are also recognizing the value of lean manufacturing and reinvesting in production capabilities.
- The U.S. is seeing a resurgence in factory construction, signaling a potential revival of domestic manufacturing.