Monday, November 10, 2014

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[IWS] UNIDO/WEF: THE FUTURE OF MANUFACTURING: DRIVING CAPABILITIES, ENABLING INVESTMENTS [10 November 2014]

IWS Documented News Service

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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

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]

http://www3.weforum.org/docs/Media/GAC14/Future_of_Manufacturing_Driving_Capabilities.pdf

[full-text, 40 pages]

 

[excerpt]

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

manufacturing capabilities.

 

CONTENTS

3 Foreword

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 and Joint Initiative Boost New Drive in Fostering Manufacturing Capabilities
http://www.weforum.org/news/report-and-joint-initiative-boost-new-drive-fostering-manufacturing-capabilities

 

Oliver Cann, Director, Public Engagement, Tel.: +41 79 799 3405; E-mail:Oliver.Cann@weforum.org

·         Report, The Future of Manufacturing; Driving Capabilities, Enabling Investments 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

·         Full report is available here 

·         More information about the Summit on the Global Agenda 2014 is available here

 

Dubai, United Arab Emirates, 10 November 2014 – The global manufacturing landscape is being transformed by major drivers related to market forces, general capabilities, resources and policy. The Future of Manufacturing; Driving Capabilities, Enabling Investments 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:

·         Skill gaps between developed and developing economies, and between skills provided by educational systems and those sought by the market.

·         Demographic shifts related to the ageing of the population, which will change consumption patterns as well as the labour market.

·         Automation and robotization will continue their ongoing diffusion within the manufacturing system.

·         Next-generation technology 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, new suppliers 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 local market conditions and regulations, 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 Sultan Bin Saeed Al Mansoori, Minister of Economy of the United Arab Emirates, and Sami Dhaen Al Qamzi, Director-General, Department of Economic Development of the Government of Dubai.

 

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 

 

 

 

 

 

 

 

 




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