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Skills shortage in construction .
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<blockquote data-quote="binky" data-source="post: 472120" data-attributes="member: 490"><p>thing is you can out-compete low labour costs with investment in automation. Oddly nough I know quite a bit about JCB, my wife comes from that area and b.i.l works there. JCB are building plants in India and Brazil to produce cheaper versions of their normal produst range for cheaper markets. It is still family run, the day the family decide to flog it off I reckon it will be doomed by Venture Capitalist types. My last job in engineering was 'outsourcing' componet manfacture to a third party ie China. The cost savings were not that great. However when you have a business model based on splitting corporations into small companies to be more efficient, and the sales team is allowed to make big profits, but not the factory building whet they sell, you lose the investment in the manufactruing processes and the ability to facilitate proper R&amp;D. To remain Great you need investment, not just sales teams.</p></blockquote><p></p>
[QUOTE="binky, post: 472120, member: 490"] thing is you can out-compete low labour costs with investment in automation. Oddly nough I know quite a bit about JCB, my wife comes from that area and b.i.l works there. JCB are building plants in India and Brazil to produce cheaper versions of their normal produst range for cheaper markets. It is still family run, the day the family decide to flog it off I reckon it will be doomed by Venture Capitalist types. My last job in engineering was 'outsourcing' componet manfacture to a third party ie China. The cost savings were not that great. However when you have a business model based on splitting corporations into small companies to be more efficient, and the sales team is allowed to make big profits, but not the factory building whet they sell, you lose the investment in the manufactruing processes and the ability to facilitate proper R&D. To remain Great you need investment, not just sales teams. [/QUOTE]
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