From the Chicago Tribune, an editorial. “Forcing a rapid upward revaluation of the yuan, as Congress seeks to do, won't solve America's trade problem. That can best be addressed by reining in profligate government spending, encouraging more savings by U.S. citizens and marketing U.S. products to overseas buyers.” Let's also try lean manufacturing and consider total cost, not just labor costs, and help make American manufacturing more competitive.
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Mark Graban is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. His latest book is Measures of Success: React Less, Lead Better, Improve More. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. He also published the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also a Senior Advisor to the technology company KaiNexus.
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