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NACFAM Annual Conference

"The Changing World of Advanced Manufacturing:
What U.S. Manufacturers Must Do to Succeed in an Ever-changing Marketplace"

April 28
IN THE COMPANY
8:30 a.m.
Welcome
9:05 a.m.
Understand your Customers’ Changing Expectations
10:05 a.m.
Find and Keep the Talent You Need Now … and Must Have in the Future
11:05 a.m.
Coffee Break
11:30 a.m.
Start integrating Production and Services
12:30 p.m.
Lunch
1:10 p.m.
Luncheon remarks: “Looking Ahead to the U.S. Manufacturing Sector’s Key Public Policy Issues in 2017.”
2:00 p.m.
Accelerate technological innovation
3:00 p.m.
Use smart, connected products to create competitive advantage
4:00 p.m.
Refreshment Break
4:30 p.m.
Integrate the supply chain to capture greater value
5:30 p.m.
Preview of Dinner and Next Day Session
5:35 p.m.
Adjourn
Time has been set aside after each presentation for at least 5 minutes of Q&A)
5:45 p.m.
Reception
6:45 p.m.
Dinner
7:45 p.m.
Dinner Remarks
8:15 p.m.
Advanced Manufacturing Leadership Award Presentation
April 29
IN THE COMMUNITY
8:30 a.m.
STEM Education – Building a Stronger Technical Workforce
9:30 a.m.
Keynote remarks: “NNMI - Working to Help Small and Medium-Sized Manufacturers Successfully Compete in an Ever-changing Marketplace”
10:00 a.m.
DOE/NNMI Initiatives
10:30 a.m.
Coffee Break
11:00 a.m.
NIST/NNMI Initiatives
11:30 a.m.
DOD/NNMI Initiatives
12:00 p.m.
MEP Recompetition
12:30 p.m.
Wrap-up
(Time has been set aside after each presentation for at least 5 minutes of Q&A)
“To obtain our conference registration form … directions on our new payment process … and information on making hotel reservations, go to the following link.”

If you have questions, please call Fred Wentzel at 202-367-1247.

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Disruptive Technologies Minimize

The Changing World of Advanced Manufacturing

Manufacturing is no longer simply about making physical products. Changes in consumer demand, the nature of products, the economics of production, and the economics of the supply chain have led to a fundamental shift in the way companies do business. Customers demand personalization and customization as the line between consumer and creator continues to blur. Added sensors and connectivity turn “dumb” products into “smart” ones, while products increasingly become platforms—and even move into the realm of services.

As technology continues to advance exponentially, barriers to entry, commercialization, and learning are eroding. New market entrants with access to new tools can operate at much smaller scale, enabling them to create offerings once the sole province of major incumbents. While large-scale production will always dominate some segments of the value chain, innovative manufacturing models – distributed small-scale local manufacturing, loosely coupled manufacturing ecosystems, and agile manufacturing -- are arising to take advantage of these opportunities.

Meanwhile, the boundary separating product makers from product sellers is increasingly permeable. Manufacturers are feeling the pressure and gaining the ability to increase both speed to market and customer engagement. And numerous factors are leading manufacturers to build to order rather than building to stock. In this environment, intermediaries that create value by holding inventory are becoming less and less necessary.

Together, these shifts have made it more difficult to create value in traditional ways. At the same time, as products become less objects of value in their own right and more the means for accessing information and experiences, creating and capturing value has moved from delivering physical objects to enabling that access.

These trends can affect different manufacturing sectors at different rates. To determine the speed and intensity of the coming shifts in a particular sector, companies should consider factors including the extent of regulation, product size and complexity, and the sector’s level of digitization.

As these trends play out in a growing number of manufacturing sectors, large incumbents should focus more tightly on roles likely to lead to concentration and consolidation, while avoiding those prone to fragmentation. The good news is that three roles driven by significant economies of scale and scope—infrastructure providers, aggregation platforms, and agent businesses—offer incumbents a solid foundation for growth and profitability. Due to competitive pressures, large manufacturers may experience increasing pressure to focus on just one role, shedding aspects of the business that might distract from the company becoming world class in its chosen role. The likely result is a significant restructuring of existing product manufacturers.

(Deloitte Center for the Edge)

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    The National Council for Advanced Manufacturing | 2025 M Street, NW Suite 800 | Washington, DC 20036 | (202) 367-1178