In the second episode of 'U.S. Manufacturing Today,' host Matt Horine from Veryable discusses the downfall of the 40-year labor arbitrage strategy in the U.S. manufacturing sector. Joined by Mike Kinder, CEO of Veryable, the episode delves into the recent shift highlighted at the American Dynamism Summit, where the need to rebuild domestic industry strength was emphasized. They explore the negative impacts of relying on cheap foreign labor, the exposure of operational inefficiencies, and how companies can now seize the opportunity for operational transformation. The discussion covers the pitfalls of labor arbitrage, the hidden inefficiencies it creates, and strategic advice for companies to move away from outdated models and embrace local sourcing and operational agility.

Timestamps

• 00:16 The End of Labor Arbitrage
• 01:03 Interview with Mike Kinder
• 01:39 Defining Labor Arbitrage
• 04:39 Globalization and Operational Shortcuts
• 08:20 The Hidden Costs of Outsourcing
• 10:08 The Real Opportunity in Reshoring
• 12:41 Advice for Companies on Operational Transformation
• 15:10 Conclusion and Final Thoughts

Links

• ⁠Labor Arbitrage is for Losers⁠
• ⁠⁠Navigating Trump 2.0 ⁠⁠
• ⁠⁠Revitalizing US Manufacturing⁠⁠
• ⁠⁠Sign Up on the Veryable Platform

In the first episode of U.S. Manufacturing Today, host Matt Horine, Head of Re-industrialization at Veryable, discusses the latest changes and developments in the U.S. manufacturing landscape under the second Trump administration. Topics include the impacts of new tariffs, trade policies, the crackdown on illegal immigration, and how these shifts affect manufacturing and distribution sectors. Matt provides insights into how businesses can adapt and thrive in this volatile environment, emphasizes the advantage of using a flexible labor pool, and introduces Veryable's solutions for mitigating risks and seizing new opportunities. The episode also features a detailed breakdown of recent policy changes, retaliatory measures from trade partners, and strategic advice for manufacturers facing the current and upcoming challenges.

Timestamps

• 00:00 Introduction to U.S. Manufacturing
• 01:26 Understanding the Impact of Immigration
• 02:15 Tariffs and Trade Policies Under Trump 2.0
• 06:48 Future Trade Developments and Predictions
• 10:28 Adapting Your Business to New Realities
• 12:42 Leveraging Variable for Workforce Flexibility
• 17:46 Conclusion and Resources

Links

• ⁠Navigating Trump 2.0 ⁠
• ⁠Revitalizing US Manufacturing⁠
• ⁠Sign Up on the Veryable Platform

We are excited to bring you up to date information, and be your go-to hub for U. S. manufacturing and distribution industry news.

On this podcast, you will hear the latest shifts in US manufacturing - what is changing, what is happening, and how it impacts you today. We will also interview industry experts on the podcast to get first hand accounts from those who live the industry, day in and day out. You'll learn how they are handling the changing landscape within their own operations.

Our launch date is March, 2025. So make sure to subscribe, share with your network and stay tuned. So you don't miss future episodes, chock full of the things you need to know.

Thanks for listening. And don't forget to Make. Your Way.