Episode 22 - Harry Moser - Reshoring Initiative
Harry Moser - Reshoring Initiative
Episode 22: Show Notes
Today we're honored to have the esteemed Harry Moser join us to talk about his worthy mission to balance America's goods trade deficit! Harry is the founder of Reshoring Initiative, after being the president of a machine tool maker GF Machining Solutions for about 22 years. His awards include Industrial Week and AME Manufacturing Halls of Fame, SPE’s Mold Designer of the Year, and Fab Shop Directors Manufacture of the Year. He's participated actively in President Obama's 2012 Insourcing Forum at the White House and is also a member of the Department of Commerce Investment Advisory Council. He's spoken at numerous conferences and events and has frequently been quoted in The Wall Street Journal, Forbes, New York Times and seen on national TV and radio programs. In this episode, we dive into the societal problems and lack of industrial policy that has gotten us here, before taking a look at the impact of Trump and Biden's rule so far and what we've learned. The conversation then turns to two important ways Reshoring Initiative helps manufacturers buy smarter and sell smarter, as well as some great ways to help the consumer access and prioritize Made in America products! Harry also brings the data and tools to push a much-needed facelift from the 'dirty' stigma of manufacturing to the 5 S's: shiny, safe, spotless, surging, steady, and outlines the part that colleges (and social media) should play in this reinvigoration drive. We hope you can join us to hear his valuable insight on what leadership can do today inside their companies to push these crucial initiatives!
Key Points From This Episode:
Welcoming our esteemed guest: Harry Moser!
Harry's career arc and the genesis story that sparked the mission of Reshoring Initiative.
Some scary figures around the goods trade deficit that he is trying to balance.
The societal problems of the US that have led to this high trade deficit.
A call to Washington to introduce industrial policy!
Harry gives a critique of Trump and Biden's impact on the sector.
Whether the tariffs that Trump instituted helped or hurt American manufacturing.
Speaking to the shortage of workforce in all sectors, and what we as a society can do.
Two important ways Reshoring Initiative helps manufacturers buy smarter and sell smarter.
How they're getting the message out and gaining momentum.
Where we go from here and the recruitment mind-shift we need to make to move forward.
How manufacturers can use social media to change the stigma of manufacturing.
Replacing the 'dirty' stigma: Harry shares the 5 Ss to replace the 5 Ds.
Some great ways to help the consumer access and prioritize Made in America products.
What leadership in manufacturing can do inside their companies to push these initiatives.
Some resources and insights that helped him in his career.
How guidance counselors are doing students a financial disservice by not recommending too-making.
Encouraging companies to report cases of reshoring!
Tweetables:
“What we need is an industrial policy. Industrial policy says the country will decide its future in manufacturing because manufacturing is so essential.” — @harrymoser [0:06:15]
“[When it comes to industrial policy] we need a rising tide that lifts all boats.” — @harrymoser [0:11:21]
“We need society to get on board and have more apprentice programs and more vocational programs in the community colleges. You need companies to have the apprentice programs. You need people to recognize that manufacturing is once again a great stable career.” — @harrymoser [0:16:15]
“If you see opportunities either to prevent offshoring or to enable reshoring, come to us for help with the analysis to make it happen. Let us help you with the import substitution program to find opportunities to get additional business by convincing your customers to reshore.” — @harrymoser [0:40:32]
Links Mentioned in Today’s Episode:
Reshoring Initiative - Total Cost of Ownership Calculator
Give Your Speech, Change the World
National Tooling and Machining Association
The Industrial Movement on Twitter