Perspective on Wal-Mart and China
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.
What do you think? Scroll down to comment or share your thoughts and the post on social media. Don't want to miss a post or podcast? Subscribe to get notified about posts via email daily or weekly.
- Alternative History: Toyota's CEO Accelerates Lean Healthcare Improvement in the 2000s - February 7, 2023
- When Burnout Turns to Moral Injury for Healthcare Clinicians - February 6, 2023
- Jody Crane, MD: Lean in Emergency Medicine and Hospitals; 3 Big Issues Causing Tough Times in Healthcare - February 1, 2023