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I was hoping for more insight into why the Japanese factories are unable to keep up with the lower costs from other Asian factories. Japanese manufacturing has
by arupchak 14y ago
I was hoping for more insight into why the Japanese factories are unable to keep up with the lower costs from other Asian factories.
Japanese manufacturing has always had a strong reputation with continuous improvement in their factories. This supposedly leads to lowered costs through efficiency. I am assuming that even with the decades of improvements, the lower wages of the other countries are still able to bring down the overall cost.
- minikomi 14y agoComparing the costs of living might be a good place to start looking
- stonemetal 14y agoIt depends on how much lower income countries copy their innovations in manufacturing process.