Editorials & Other Articles

OAITW r.2.0

(24,467 posts)

7. LOL, can I relate.....

Sun Dec 22, 2019, 05:39 PM

Dec 2019

Last company I worked at was a medium sized industrial signaling company. We had the best fire sensor technology in the 90's. Firdst microprocessor based sensor that changed the way fire sensors were built. I was very much involved with in-sourcing our plastic injection molding (consolidated all of our tools in house, did away with trucking in parts, immediate quality feedback of parts being produced, no more packaging costs and disposal headaches, etc). All done with a company that brought us the latest molding tech in-house.

Then we got inquired by GE, then Honeywell. While the work I did kept the plant up and running for a lot more years, manufacturing eventually got outsourced to China. Oh well, they had a jewel in this company, a great manufacturing/design group, and JIT manufacturing of plastic and SMT electronics....didn't really give a shit about that, just wanted to reduced product costs...and paid the price by not valuing the asset that they destroyed.

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Highlight:

Short-Term Thinking Is Poisoning American Business [View all] Zorro Dec 2019 OP

It's been happening for way longer than that. OAITW r.2.0 Dec 2019 #1

GE is a great example of short-term thinking ruining a once-dominant company Zorro Dec 2019 #2

I worked direcctly with 4 Ops guys that had ties to GE in my careeer. OAITW r.2.0 Dec 2019 #3

And today's GE sure is not what it once was Zorro Dec 2019 #5

LOL, can I relate..... OAITW r.2.0 Dec 2019 #7

In 90 at a seminar in Germany was told Gm comps found it v hard to work with Am ones bobbieinok Dec 2019 #4

This won't help.... AJT Dec 2019 #6

"Over the long run, the profitable thing and the right thing are usually the same." PETRUS Dec 2019 #8