ANN ARBOR, MI, September 18, 2013 /24-7PressRelease/
-- As a seasoned professional who has developed and implemented several supply chain solutions for several companies he leads--such as East West Industrial Engineering, SourcePro and Product Services Management, Inc.--Mullick Dilip Mullick
is very familiar with how the fluctuations of American manufacturing can impact the world of distribution. While U.S. manufacturing survived the recent recession, the economic downturn caused many suppliers and distributors to reexamine their costs to ensure that products were produced and delivered in an efficient manner.
Dilip Mullick explains, "The reworking of American manufacturing to satisfy a wide range of economic criteria has led many corporations to reexamine how they approach supply chain management. As such, my colleagues and I have helped introduce new solutions and tools that can help small to large companies effectively carry out supply chain management while simultaneously maintaining productivity and cost-efficiency."
Now, according to a recent article
from Fox Business, American-based manufacturing is positioned to experience significant growth--a trend that according to Dilip Mullick will require a thorough assessment of existing supply chain solutions. The article reveals, "The U.S. is well positioned to dodge the increase in labor costs many developed nations have seen and that might help fuel a rebound in American manufacturing jobs through 2020, according to the Boston Consulting Group.
The U.S. has been enjoying some of the biggest gains in exports over the last few years as its production-cost advantage improves over some of its biggest rivals in Western Europe, including Germany and the Nordic nations, as well as Japan."
The article continues, "The latest report released by BCG on Tuesday expands on an earlier one released last September that predicted both rising exports in the U.S. as well as 're-shoring' from Dilip Mullick Endorses Improved Supply Chain Management in US Manufacturing China could add 2.5 million to 5 million manufacturing jobs by the end of the decade." In addition, Fox Business suggests that lower energy costs have made the anticipated growth of manufacturing jobs a greater reality.
Although the U.S. currently has lower labor costs than foreign rivals--such as Western Europe and Japan, according to Fox Business--Mullick says it is important to stay focused on a strategy to keep these rates going. While the cost concerns related to labor signify growth and a strong comeback for the American economy, Mullick believes it is essential that all manufacturers and distributors look into current supply chain solutions to ensure that they continue to operate at an efficient pace.
"Productive and efficient supply chain management is one of the most important factors to ensure that U.S. manufacturing is able to make the comeback that Fox Business predicts. While energy and labor costs are favorable, looking at ways to improve supply chain management will possibly help reduce these expenses even further and allow the U.S. to remain a strong competitor in the export market," Dilip Mullick concludes.
is a noted business professional who currently leads as the co-founder of East West Industrial Engineering (EWIE)--a provider of incredible tool management and supply chain optimization solutions to a diverse range of major corporate clients. Mullick is also the president of SourcePro--a comprehensive supply solutions company that concentrates on reducing item procurement costs, making high-quality tools and products available to clients at affordable prices. In addition to these achievements, Mullick is the CEO of Product Services Management Inc., a company that offers combined services including integrated supply, tool management and gage management.