Opportunities for Collaboration in the ‘Asian Century’

  • David Walters
  • Jyotirmoyee Bhattacharjya
Part of the IFIP Advances in Information and Communication Technology book series (IFIPAICT, volume 408)

Abstract

The migration of manufacturing into Asia, notably China and India, has been accompanied by varying degrees of concern by western (traditional) businesses. Initially the use of offshoring by high volume/low value manufacturers was seen as a means by which they could remain price competitive; however the more recent moves by Asian manufacturers into the high value/low volume markets has become both an economic and a political issue in what currently is shaping up to be a more serious economic downturn than the “2008/9 GFC”. The move towards reshoring has been driven by the equalisation of wage rates in Asia and the softening of labour attitudes in western manufacturing countries, specifically in North America: where recently some runaway plants returned home, and there are some positive economic incentives to encourage more domestic sourcing. The paper discusses the current and future opportunities for Western companies in this scenario and suggests there is scope for collaboration between Asian and Western organisations.

Keywords

network business models global value chains collaboration Asian business models producibility 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    Sharma, R.: Broken BRICs: Why the Rest Stopped Rising, This Week on Foreign Affairs.co (March 28, 2013)Google Scholar
  2. 2.
    Rodrik, D.: No More Growth Miracles, Project Syndicate (August 8, 2012), http://www.project-syndicate.org/commentary/no-more-growth-miracles-by-dani-rodrik#AUE7uJEi2dmwZ1dG.99
  3. 3.
    Roubini, N.: The world economy’s winners and losers in 2013, The Guardian (April 2, 2013) Google Scholar
  4. 4.
    Economist, The: Nipping at their heels (January 22, 2011) Google Scholar
  5. 5.
    Wooldridge, A.: Penguin Specials: State Capitalism – The Invisible Hand: A Special Report from The Economist. Penguin Books, London (2012)Google Scholar
  6. 6.
    McKinsey Global Institute: Manufacturing the future: The next era of global growth and innovation. McKinsey and Company (2012) Google Scholar
  7. 7.
    Marsh, P.: The New Industrial Revolution. Yale University Press, Newhaven (2012)Google Scholar
  8. 8.
    Porter, M.: Competitive Advantage: Creating and Sustaining Superior Performance. Harvard Business School Press, Boston (1985)Google Scholar
  9. 9.
    Normann, R., Ramírez, R.: From Value Chain to Value Constellation: Designing Interactive Strategy. Harvard Business Review 71 ( July/August 1993)Google Scholar
  10. 10.
    Walters, D., Rainbird, M.: Managing in the Value Chain Network. Prestige Books, Sydney (2012)Google Scholar
  11. 11.
    Barkai, J., Manenti, P.: The Assembly Plant of the Future, Industry Week (January 2011)Google Scholar
  12. 12.
    IDC Manufacturing Insights Predictions: Manufacturing: Success in the Intelligent Economy Web Conference (December 8, 2012) Google Scholar
  13. 13.
    Boothroyd, G., Poli, C., Murch, L.: Automatic Assembly. Dekker, NY (1982)Google Scholar
  14. 14.
    Immelt, J., Govindarajan, V.: How GE is disrupting itself, Harvard Business Review (October 2009)Google Scholar
  15. 15.
    Wakabayashi, D.: Panasonic downsizes product design and price to fit emerging markets. The Australia/Wall Street Journal (July 10, 2009)Google Scholar

Copyright information

© IFIP International Federation for Information Processing 2013

Authors and Affiliations

  • David Walters
    • 1
  • Jyotirmoyee Bhattacharjya
    • 1
  1. 1.Institute of Transport and Logistics StudiesThe University of SydneySydneyAustralia

Personalised recommendations