Reverse "Off-Load": Bringing Back Manufacturing to the US

Speaker: Bissell Smith, CFO, CIO, Consultant Presentation: 1. Offload of the Early 90’s - Industry Changes / Providers & Rates of Production - 90’s Off Load – Transfer sow to Supply Chain - Implications / Did we give too much away? 2. Example of a Historical Balance Sheets / Assets - Different capital position than today’s large Aerospace companies - Higher PP&E and Working Capital Shifted to Suppliers w/extended terms - What’s changed ? - Supply chain making up 60-80% of direct costs - Many problems w/conflict minerals, denied parties, etc… - Schedule and supply chain issues - Quality issues 3. Reversing the change in demand (Vertical Integration) makes sense again 4. CAD/PLM Changes - Model based manufacturing, Automated Tooling, Automated Machining - Flexible Machinery – driving the ability to remove labor, stay at near full capacity - Improves dependability w/supply schedule and higher quality 5. Impacts of changing back - What’s the likely hold up? - Technology, Skills, Hesitancy to shift the balance sheet - Be open to driving this change. W/o CFO/Controllers working the long-range planning it will never occur