In this podcast, Wayne Miller and Michael Keer discuss the current landscape of product development and manufacturing, focusing on the challenges posed by geopolitical factors, supply chain issues, and the impact of AI on the industry. They explore the difficulties of planning in a volatile market, the potential for US manufacturing, and the future of robotics and automation in production processes.

Takeaways

• The manufacturing landscape is rapidly changing due to geopolitical factors.
• Planning in today's market is increasingly difficult for companies.
• There is a significant cost disparity between US and overseas manufacturing.
• AI tools are becoming essential in product development and manufacturing.
• The US needs to advance its manufacturing capabilities to compete globally.
• Tariffs and regulations are impacting manufacturing decisions.
• Companies are exploring alternative manufacturing locations beyond China.
• The future of robotics in manufacturing is still uncertain but promising.
• Short-term thinking in companies can hinder long-term manufacturing strategies.
• Collaboration and sharing of knowledge in the industry are crucial for innovation.

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