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[IWS] UNIDO/WEF: THE FUTURE OF MANUFACTURING: DRIVING CAPABILITIES, ENABLING INVESTMENTS [10 November 2014]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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World Economic Forum (WEF)
United Nations Industrial Development Organization (UNIDO)
World Economic Forum (WEF)
THE FUTURE OF MANUFACTURING: DRIVING CAPABILITIES, ENABLING INVESTMENTS [10 November 2014]
[full-text, 40 pages]
This report focuses on an analysis of trends in global manufacturing, mostly from
a value chain perspective, and represents a joint effort between the World
Economic Forum Global Agenda Council on the Future of Manufacturing and the
United Nations Industrial Development Organization (UNIDO). It emphasizes that
future developments in global manufacturing are increasingly relying upon the
development of capabalities related to innovation, labour and infrastructures.
Developed countries have experienced a substantial decline in manufacturing
employment, but this trend has also been counterbalanced by improvements in
4 Chapter 1. The Future of Manufacturing: Challenges and Opportunities in a Shifting Global Economy
5 Global Manufacturing at a Threshold: Emerging Technologies and Geographies
8 Focusing on Manufacturing Capabilities
12 Chapter 2. The State of Global Manufacturing and the Competitive Industrial Performance Index
13 Value Added and Exports: Learning from History
15 Manufacturing Employment Trends
17 The Competitive Industrial Performance Index
24 Chapter 3: Focus on Global Value Chains: The Case of the Apparel Industry
25 The Apparel Industry
27 Upgrading the Apparel Value Chain
30 Conclusion. Transforming Manufacturing Capabilities through a Global Multistakeholder Initiative
31 Emerging Trends
32 Factors of Convergence
33 Factors of Divergence
35 The Need for a Global Manufacturing Capabilities Initiative
Press Release 10 November 2014
· Report, analyses the main drivers of change in manufacturing
· The United Nations Industrial Development Organization and the Global Agenda Council on the Future of Manufacturing announce their intent to launch the Global Manufacturing and Industrialization Initiative
The global manufacturing landscape is being transformed by major drivers related to market forces, general capabilities, resources and policy. analyses these trends and underlines the need for private and public collaboration. The report supports the need for the Global Manufacturing and Industrialisation Initiative being launched by the United Nations Industrial Development Organization and the Global Agenda Council on the Future of Manufacturing of the World Economic Forum.
The launch of the report and the broader joint initiative supports the main goal of the United Nations Industrial Development Organization to promote and accelerate inclusive and sustainable industrial development to improve global living conditions sustainably.
This partnership could best help the manufacturing sector towards a prospective and strategic approach by focusing on the six key drivers of change highlighted in the report. These long-term capabilities are:
· between developed and developing economies, and between skills provided by educational systems and those sought by the market.
· Demographic shifts related to the , which will change consumption patterns as well as the labour market.
· will continue their ongoing diffusion within the manufacturing system.
· will bring in a different set of manufacturers, as new technologies are usually brought forward by new firms. New forms of manufacturing are expected to emerge, particularly in the nanotechnology and 3D printing sectors.
· In emerging markets, are emerging and a consolidation is being observed in several segments of the manufacturing sector. For instance, Chinese OEMs and suppliers are becoming increasingly active players in the global market.
· OEMs will be adapting to , such as input costs and environmental regulations. This adaptation is aimed at minimizing input costs and maximizing market potential.
Abdulla Al Saleh, Under-Secretary at the UAE Ministry of Economy, said: “We are honoured to support the launch of this report and participate in the establishment of a Global Manufacturing and Industrialization Initiative. This initiative will address the importance of the industrial sector in building sustainable economies based on knowledge and innovation, and enable participants to share experiences and best practices and policies in manufacturing from around the world as well as highlighting the more recent experiences of the UAE in sectors such as aerospace and renewables."
The Co-Chairs of the Summit on the Global Agenda 2014 are , Minister of Economy of the United Arab Emirates, and , Director-General, Department of Economic Development of the Government of Dubai.
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