A profile of the furniture manufacturing industry: global restructuring

Book Cover
Publisher:
Business Expert Press
Pub. Date:
2014
Edition:
First edition
Language:
English
Description
The furniture industry has played an important role in the history of the United States as a bellwether for manufacturing. This sector continues to be a major manufacturing employer in the US and around the world through its utilization of a global production network. Types of furniture range from household (indoor and outdoor) to institutional, with particular growth in firms supplying medical and government-related commodities. The industry is highly responsive to economic and fashion trends, but is partitioned into high, medium and low cost segments that reveal different location-al and market responses to changes in these factors. Recent developments indicate that the post-1980's migration of furniture manufacturing to offshore, low labor cost countries has stabilized and shows signs of re-shoring in the US for high end customized technologically intensive products utilizing the remaining embedded skilled labor and locally clustered industry components. Businesses that survived the recessionary 'creative destruction' largely adopted lean manufacturing processes and took advantage of newly available, lower cost equipment and buildings to upgrade their production practices, absorbing market from former competitors. New partnerships will be traced with branches and headquarter relocations in Asia, along with cooperative supplier relationships with former U.S. and new foreign companies. Industry survivors adopted practices that could be highly instructive for other manufacturers challenged by globalization to grow stronger by increasing their adaptive capacity. Concepts illustrated in the furniture industry would be useful to a number of audiences in academic, industry and public policy markets. The proposed book provides an overview of the industry and its global production network including a brief overview of the manufacturing technologies of
each sector. Assessment of new competitors in Asia and South America will illustrate opportunities and challenges in these locations. The book culminates by considering challenges, opportunities, and the future outlook of the industry in regional clusters.
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ISBN:
9781606496572
9781606496565
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Grouping Information

Grouped Work ID010b606c-e08f-4ea5-b669-3911fd64462b
Grouping Titleprofile of the furniture manufacturing industry global restructuring
Grouping Authorsusan m walcott
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2024-03-24 08:49:07AM
Last Indexed2024-03-28 00:41:22AM

Solr Fields

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0
accelerated_reader_reading_level
0
author
Walcott, Susan M., 1949-
author_display
Walcott, Susan M.
available_at_ccu
CCU Electronic Resources
detailed_location_ccu
CCU Electronic Resources
display_description
The furniture industry has played an important role in the history of the United States as a bellwether for manufacturing. This sector continues to be a major manufacturing employer in the US and around the world through its utilization of a global production network. Types of furniture range from household (indoor and outdoor) to institutional, with particular growth in firms supplying medical and government-related commodities. The industry is highly responsive to economic and fashion trends, but is partitioned into high, medium and low cost segments that reveal different location-al and market responses to changes in these factors. Recent developments indicate that the post-1980's migration of furniture manufacturing to offshore, low labor cost countries has stabilized and shows signs of re-shoring in the US for high end customized technologically intensive products utilizing the remaining embedded skilled labor and locally clustered industry components. Businesses that survived the recessionary 'creative destruction' largely adopted lean manufacturing processes and took advantage of newly available, lower cost equipment and buildings to upgrade their production practices, absorbing market from former competitors. New partnerships will be traced with branches and headquarter relocations in Asia, along with cooperative supplier relationships with former U.S. and new foreign companies. Industry survivors adopted practices that could be highly instructive for other manufacturers challenged by globalization to grow stronger by increasing their adaptive capacity. Concepts illustrated in the furniture industry would be useful to a number of audiences in academic, industry and public policy markets. The proposed book provides an overview of the industry and its global production network including a brief overview of the manufacturing technologies of each sector. Assessment of new competitors in Asia and South America will illustrate opportunities and challenges in these locations. The book culminates by considering challenges, opportunities, and the future outlook of the industry in regional clusters.
format_category_ccu
eBook
format_ccu
eBook
id
010b606c-e08f-4ea5-b669-3911fd64462b
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9781606496565
9781606496572
itype_ccu
E-book
last_indexed
2024-03-28T06:41:22.016Z
lexile_score
-1
literary_form
Non Fiction
literary_form_full
Non Fiction
owning_library_ccu
Colorado Christian University Online
owning_location_ccu
CCU Electronic Resources
primary_isbn
9781606496572
publishDate
2013
2014
publisher
Business Expert Press
recordtype
grouped_work
series
2013 digital library
Industry profiles collection
series_with_volume
2013 digital library|
Industry profiles collection|
subject_facet
Electronic books
Furniture industry and trade
HOUSE & HOME -- Do-It-Yourself -- General
adaptive capacity
creative destruction
hemispherization
reshoring
textiles
upholstered furniture
title_display
A profile of the furniture manufacturing industry : global restructuring
title_full
A Profile of the Furniture Manufacturing Industry : Global Restructuring Walcott, Susan M.
A profile of the furniture manufacturing industry : global restructuring / Susan M. Walcott
title_short
A profile of the furniture manufacturing industry
title_sub
global restructuring
topic_facet
Do-It-Yourself
Furniture industry and trade
General
HOUSE & HOME
adaptive capacity
creative destruction
hemispherization
reshoring
textiles
upholstered furniture

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