|| Print ||
|Articles - January 2014|
|Monday, December 09, 2013|
Page 3 of 5
Onshoring and the maker movement
Chris Scherer isn’t quite as apocalyptic as Oborne. But the president of the Oregon Manufacturing Extension Partnership, a nonprofit that helps manufacturers adapt to the challenges of a global economy, is plenty attuned to the winds of change. One major transformation under way is onshoring, Scherer says, a movement fueled by rising labor costs in Asia and Mexico, along with new lower-cost information management technologies such as “big data” and cloud computing. “The result is more companies are successful in reducing the hassles of doing [manufacturing] here.”
Undermining the onshoring trend is “the most disruptive force in the workplace today”: the depletion of human capital. The percentage of skilled workers 50 and older is "really high," Scherer says. And as those people phase out, it’s increasingly difficult to replace them. To help recruit the next generation, manufacturers should pay attention to the tech sector, an industry that knows what millennials want. “The things software companies do to attract young workers are completely different than manufacturing," Scherer says: "free gym membership, flex time.”
Over the next decade, "the changes manufacturers are going to have to adopt are pretty extreme,” he adds. But the industry tends to be “somewhat myopic” in terms of looking into the future. “That could create a situation where local companies are behind. Certainly in the workforce that is true; in technology, it could be true.”
If some manufacturers turn inward, plenty are eager to embrace forces of change. One is former Wired editor Chris Anderson, now CEO of 3D Robotics, who delivered the keynote speech at Greater Portland Inc.’s sixth annual economic summit this past fall. The speech, about technologies poised to “revolutionize” the manufacturing space — the 3-D printer, for example — hit home for Greater Portland Inc. president and CEO Sean Robbins, a man who spends a lot of his time thinking about the next phase of economic growth.
In Portland, “hackerspaces” such as Flux, BrainSilo and ADX already feature guilds of producers manufacturing “real products, real things,” Robbins says. As software and hardware costs continue to decline, the 3-D printer will only accelerate the “makers’ movement,” he says.
Indeed, a study conducted this year by Michigan Technological University considered 20 household items — smartphone cases, a garlic press — then calculated how much it would cost to make each using a household 3-D printer. The results are telling: It would cost between $312 and $1,944 to buy the items, but just $18 to make them using the 3-D printer. “It’s democratizing manufacturing,” Robbins says.
The convergence of software and internet connectivity, along with big data, also has the potential to unlock public institutions, he adds. Robbins cites as an example New York City’s “geek squad,” a city department that crunches all sorts of data — number of street trees, grease-disposal permits, 911 calls — to solve problems ranging from identifying violators of city codes to accelerating disaster cleanup. The larger goal is to leverage massive amounts of data to collaborate with citizens and create efficiencies between government agencies. “A smart city can transform public institutions over time,” Robbins says. “There is potential for huge civic disruption.”
Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
Friday, March 27, 2015
BY AMY MILSHTEIN
As baby boomers sell their businesses, too many forget the all-important succession plan.
Tuesday, March 31, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.
Friday, February 20, 2015
BY JOE CORTRIGHT | OB CONTRIBUTOR
"Shipping containers to Portland is like waiting for a bus that travels once a day."
Friday, February 27, 2015
VIDEO: 2015 100 Best Companies to work for in Oregon
Friday, February 27, 2015
PHOTOS BY JASON E. KAPLAN
Images from the 2015 celebration of Oregon's great workplaces.
Thursday, March 26, 2015
BY JACOB PALMER
Power lunching at the Court Street Dairy Lunch in Salem.
|Bike Chic: 7 stylish options for cyclists|
|Beam Me Up|
|Get on the bus!|
|Emperor of the Sea|
|Epitaph for a Boondoggle|
|WikiLeaks allows visitors to search database of hacked Sony documents|
|VW recalls minivans with Chrysler-made ignitions|
|Netflix adds subscribers at record pace|
|EU charges Google with antitrust claims|
|Tech industry urges Congress for protection on patents|
|Is your job the best?|
|Value of college degree increasing|
A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.