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A Profile of the Furniture Manufacturing Industry: Global Restructuring (Paperback)
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A Profile of the Furniture Manufacturing Industry: Global Restructuring (Paperback)
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List price R512
Loot Price R422
Discovery Miles 4 220
You Save R90 (18%)
Expected to ship within 10 - 15 working days
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Total price: R442
Discovery Miles: 4 420
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The furniture industry has played an important role in the history
of the United States as a bellwether for manufacturing. This sector
continues to be a major manufacturing employer in the US and around
the world through its utilization of a global production network.
Types of furniture range from household (indoor and outdoor) to
institutional, with particular growth in firms supplying medical
and government related commodities. The industry is highly
responsive to economic and fashion trends, but is partitioned into
high, medium and low cost segments that reveal different locational
and market responses to changes in these factors. Recent
developments indicate that the post-1980's migration of furniture
manufacturing to offshore, low labor cost countries has stabilized
and shows signs of re-shoring in the US for high end customized
technologically intensive products utilizing the remaining embedded
skilled labor and locally clustered industry components. Businesses
that survived the recessionary 'creative destruction' largely
adopted lean manufacturing processes and took advantage of newly
available, lower cost equipment and buildings to upgrade their
production practices, absorbing market from former competitors. New
partnerships will be traced with branches and headquarter
relocations in Asia, along with cooperative supplier relationships
with former U.S. and new foreign companies. Industry survivors
adopted practices that could be highly instructive for other
manufacturers challenged by globalization to grow stronger by
increasing their adaptive capacity. Concepts illustrated in the
furniture industry would be useful to a number of audiences in
academic, industry and public policy markets. The proposed book
provides an overview of the industry and its global production
network including a brief overview of the manufacturing
technologies of each sector. Assessment of new competitors in Asia
and South America will illustrate opportunities and challenges in
these locations. The book culminates by considering challenges,
opportunities, and the future outlook of the industry in regional
clusters.
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