Global Value Chains - capturing value in international manufacturing and supply networks
25 - 26 September 2008 at the Møller Centre, Cambridge
The 2008 CIM Symposium will focus on
the globalization of manufacturing value
chains. It will highlight novel approaches
currently being used by industry leaders,
both in established firms and in those in
emerging economies.
The Symposium will also present the
latest international trends in globalisation,
manufacturing and innovation, derived
from the Institute for Manufacturing's
input to the recent Sainsbury Review on
Science and Innovation.
Leading international academics and
practitioners drawn from the Centre for
International Manufacturing’s expanding
network of collaborators will offer a
global perspective on evolving value chain
models.
The changing manufacturing landscape
Significant developments, in recent years,
in the management of global supply
chains and production networks, mean
we must re-examine our understanding of
international manufacturing. Operational
models are now less formulaic with a
variety of approaches evolving to suit
different business models. Globally
dispersed product innovation networks
have also emerged to support international
markets. Non-core operations are
increasingly outsourced with growing
opportunities to access specialist resources
in different countries. These changes
have redefined the value chain of many
industries with value creation and capture
dispersed around the world.
Global competition drives change
The intensification of global competition raises considerable challenges for both strategy and operations in manufacturing businesses. Pressure to reduce costs and increase responsiveness is forcing a reexamination of 'legacy' manufacturing and supply networks, whether developed
in an earlier competitive environment or acquired as a result of cross-border mergers and acquisitions.
The Symposium will also present the latest international trends in globalisation, manufacturing and innovation, derived from the Institute for Manufacturing's Emerging economies offer potential new
markets and opportunities to reduce costs, but they are also the source of new competitors. Patterns of international outsourcing and collaboration are evolving, changing the shape of entire industries.
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