Next Generation Manufacturing Survey Tells NH Firms How to Survive Global Competition

The New Hampshire Manufacturing Extension Partnership (NH MEP) today announced the results of the first national survey of world-class manu-facturers, hailing the findings as valuable to both state policymakers and New Hampshire companies. 

Based on an in-depth national survey of more than 2,500 manufacturers, including 74 firms in New Hampshire, the study identifies six crucial strat-egies necessary for world-class manufacturing success.  The most unique aspect of the ground-breaking study, however, is the evaluation instru-ment utilized in the study.  It provided participating manufacturers with a detailed assessment of how their management practices compare to global industry leaders and can evaluate whether individual firms are implementing the procedures and strat-egies that will enable them to thrive and succeed in the coming decade.

Commissioned by Manufacturing Extension Partnership (MEP) centers across the country,

Manufacturing Coalition, the study offers the most detailed description yet of what it takes for American manufacturers to compete in the global economy.  The study was designed as the first step in a long-term effort to help U.S. manufacturers survive the recession and renew America’s manufacturing leadership over the next decade.

“New Hampshire’s economic recovery depends on the ability of its manufacturers to maintain profitability in the face of fierce competition.  Manufacturing remains the state’s largest industry in terms of gross state product, accounting for more than 13 percent of state GDP.  The challenge to policymakers is not to give up on manufacturing but to support the transformation of the state’s manufacturing sector into a faster, more flexible industry capable of outperforming their non-world-class peers,” said Zenagui Brahim, NH MEP director of operations.

“The study itself is only the first step in NH MEP’s efforts to assist local manufacturers,” Brahim stated.  “Although the national study is complete, New Hampshire manufacturers can take advantage of the evaluation instrument and work with NH MEP project managers to conduct an assessment of their company’s strategic policies, investments and performance.  Every manufacturer in the state has the ability to utilize this valuable new resource.”

 

The Keys to Next Generation Manufacturing Success

Next Generation Manufacturing (NGM) refers to a framework of strategies that will drive manufacturing growth in the 21st century.  Developed by leading manufacturers, industry thought leaders and the MEP centers, Next Generation Manufacturing reflects the best practices and performance strategies of world class companies.  To remain competitive, manufacturers in New Hampshire and across the country need to achieve world-class performance in at least some of these key areas.  The study identifies six essential strategies:

  • Customer-focused innovation:Deliver new and better customer solutions at a faster pace than the competition.
  • Advanced talent management:Secure a competitive performance advantage by having superior systems in place to recruit, hire, develop and retain talent.
  • Systemic continuous improvement:Record annual productivity and quality gains that exceed the competition through a companywide commitment to continuous improvement.
  • Extended enterprise management:Leverage a flexible network of supply chains and partnerships to provide competitive advantages of speed, cost and quality.