Perspective on Wal-Mart and China

1 – Business World

I know it's popular to say that Wal-Mart is killing U.S. manufacturing because of its insistence in driving manufacturers to China.

Here is some interesting data from today's Wall St. Journal though.

The People's Republic exported $593.4 billion in merchandise last year. China makes 80% of the world's toys, half its DVD players and nearly half its socks. That's a lot to lay on the Bentonville colossus, which sips up just 3.5% of China's manufactured exports, or $20 billion worth a year.

It's easier to look at data than it is to assign blame or root cause. It's much more complicated than “it's Wal-Mart's fault”. Has Wal-Mart impacted your manufacturing company? Click “comments” to participate in the discussion.

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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.

1 Comment
  1. Anonymous says

    Yes Wally World has cost my previous company and the 2400 people like myself their jobs after laying in bed with the retail giant. However, I do see that Wal-Mart is not the root cause. The world itself is changing, other countries are entering their industrial revolutions just like we did a century ago. We can cry about it or do something. The US holds a vast amount of natural resources, so we have an advantage. They key may lie in the way we use this advantage. Let the games begin!

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