Transforming and Reshoring Manufacturing in the US

David A. Rosen Interviews Harry Moser, CEO, ReshoreNow.org

Welcome to episode 101 of the Amazing Execs Show. I’m your host David Rosen. I would like to introduce you to Harry Moser, who is not only an amazing business leader and executive, but also is single-handedly, with his team, increasing the resurgence of Manufacturing Success and Reshoring of US manufacturing. He is the founder of Reshoring now.org program, or also called the Reshoring Initiative.

Harry Moser and I discuss the great trend of Manufacturing Reshoring that started in 2014. Manufacturing Companies, Employees and Supply Chains are not only re-thinking their China Supply Chain Policies to Diversify, but also to bring Manufacturing Closer to Demand, rather than being close to supply of cheap labor and lower cost materials.

Harry’s successful previous career highlighted some great accomplishments as the CEO of a Manufacturing company for more than 22 years. Harry shares his insights on what it takes to lead businesses and transform them. See or hear how Harry accelerated his company’s market share from a position of #7 and #8 to the Market Leader #1

Here are the Highlights:

• Manufacturing Declined by 70% from the middle 80’s to today in terms of labor and the number of companies located in the US
• There are great resources available to evaluate the total cost of ownership of manufacturing products in the US versus other countries
• The Tension with China will grow dramatically in the next few years
• ESG assessments for offshore versus onshore production look very attractive
• Business Leadership by Harry Moser
  • Grew a business, organically from #7 or # 8 in their manufacturing market segment to  the #1 positioned player
  • Learned to be less of a micro-manager
  • Achieving greater influence in organizations to be more “sales” and customer focused
• and more…

Timeline:

@01:36 Harry Moser’s Background – From Joisey!
@02:52 Manufacturing is down 70% from the Mid-80’s
@06:38 About the ReshoringNow.org Initiative
@14:55 Total Cost of Ownership (TCO) Model from Reshoringnow.org
@26:55 Business Progression from sub-par to Google and good to great
@26:55 How The Company Moved from #7 or 8 to the Number 1 Player in their market
@30:05 Leadership Style for Growth
@30:43 Creating a Growth Mantra throughout Organization
@31:46 Loyalty is a Two Way Street
@34:24 to Employees: What to do if you are not Happy?
@35:07 The Challenge of Micro-Management
@35:07 The Challenge of Micro-Management, Even Though It Worked.
@39:03 Some Problems are easy to Manage, Some are not.
@41:25 The Future: Tension with China
@42:40 TCO Estimator – Real-Time Relative Comparisons
@43:58 Rosemary Gibson – https://www.thehastingscenter.org/team/rosemary-gibson/
@44:11 Pharmaceutical Reshoring
@45:37 Harry’s Thoughts for Owners and Executives
@46:28 Great case for ESG
@51:06 harrymoser@reshorenow.org