M00seUK
Joined: Aug 18, 2007
Points: 295
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Re: which Mieles are made in China?
Reply #20 May 18, 2010 5:32 pm |
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Hello Carmine, a good explaination of world economics, thank you.
On a general point (to all participants) is it still at all reasonable to say that the majority of high value products made in the Far East are poor quality and / or unreliable? This was certainly said in the 1970s, when the west had a booming, home grown automotive trade and, yes, the new entrants took a while to get going, but they soon learnt to overcome the arrogance of the western manufacturers and in turn, the trade unions.
If a company had a good reputation for quality / innovation and gives the buyer what they want, that's good enough for me, no matter where they might be based. The 'warm glow' gained from holding a product made / screwed together in the west wouldn't count for much, with many, if it was also sub-standard / poor value for money.
Sure, there might be a local / national economic benefit for supporting 'one of your own' in your choice of purchases, but there will be a breaking point where you're asking someone to put far too much value on where it is made, for the direct benefit they are getting
One additional thought, I think a lot of confusion still surrounds and where product design and manufacturing takes place these days.
At one time, the design and production faculty needed to be under the same roof, for efficiency. Technology has changed this. Big time.
In the UK, we have a vastly reduced share of mass market automobile production, but we are still highly competitive when it come to the calibre of vehicle design graduates. This means that a lot of high value-added, low unit work can be done here for the likes of Mclaren, but also on designs for mass-market vehicles that will be manufactured wherever it makes sense in terms of cost / geographic location. The blur between where something is assembled and 'made' has never been greater.
You can also take the above example and apply it to the pharmaceutical industry in the west, which, after the costs for R&D / clinical trials are considered, can have a very high added value from a patent and hence will most often manufacture locally, because there is next to no benefit from having these products made elsewhere.
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