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A Policy Roadmap to Renew U.S. Manufacturing. September 8 , 2017 Washington, D.C. $250B. Customers. Business. Community. # MadeInUSA. Trends Driving Growth of U.S. Manufacturing. GREATER PREMIUM ON SHORTENED SUPPLY CHAINS. U.S. INCREASINGLY COST COMPETITIVE.
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A Policy Roadmap to Renew U.S. Manufacturing September 8, 2017 Washington, D.C.
$250B Customers. Business. Community. #MadeInUSA
Trends Driving Growthof U.S. Manufacturing GREATER PREMIUM ON SHORTENED SUPPLY CHAINS U.S. INCREASINGLY COST COMPETITIVE TRANSFORMATION OF GLOBAL MANUFACTURING Rise of digital manufacturing technologies Focus on supply chain cost / risk reduction Leading energy input costs Emergence of multi-region supply strategies Expectations of greater responsiveness to customers/consumers Convergence of productivity-adjusted costs
Policy Barriers Workforce Coordination & Financing Regulation Tax & Trade
The First Five Policy Levers MFG. INDUSTRY FEDERAL GOV. LOCAL GOV. POLICY LEVER RETAILERS Build vocational training programs linked to local industry 3 5 2 4 1 Reduce financial burden on private industry to train and upskill workers WORKFORCE COORDINATION & FINANCING Rebrand U.S. manufacturing to attract new workers and drive demand of domestic products Encourage growth of product components to help close supply chain gaps Facilitate private-public cooperation to promote manufacturing clusters
Thank You!USMPolicy@email.wal-mart.comWalmart.com/AmericanJobs#MadeInUSA