Miles Arnone, Co-Founder of Re:Build Manufacturing, discusses the critical role of long-term thinking, incentives, and collaboration in revitalizing the American manufacturing base. Re:Build integrates decades of leadership experience and a commitment to 16 core principles, known as The Re:Build Way, to create a resilient and innovative manufacturing business. Miles shares his insights on offshoring cycles, software integration, and the future of manufacturing in America.
➡️ Follow Miles on LinkedIn: https://www.linkedin.com/in/milesarnone/
➡️ Learn more about Re:Build Manufacturing: https://rebuildmanufacturing.com/16-principles/
➡️ Follow Re:Build Manufacturing: https://www.linkedin.com/company/re-build-manufacturing/
➡️ Learn more about the Reindustrialize Conference: https://www.reindustrialize.com/
➡️ See more from Seraph: https://seraph.com/insights
➡️ Follow us on Linkedin: https://www.linkedin.com/company/seraph-consulting-inc
➡️ Justin's Linkedin: https://www.linkedin.com/in/justinpfortier
➡️ Manufacturing Excellence podcast on Apple: https://apple.co/3FURGfO
➡️ Manufacturing Excellence podcast on Spotify: https://spoti.fi/3FTZgXW
➡️ Manufacturing Excellence podcast on Amazon Music: https://amzn.to/40BlTIO
(00:00:00) - Discussion on company principles vs. mission statements
(00:01:08) - Justin Fortier introduces the Manufacturing Excellence podcast and Miles Arnone
(00:02:50) - Beginning of the discussion about the Rug Doctor example and offshoring
(00:03:34) - Explanation of private equity structure and its impact on manufacturing
(00:05:40) - How offshoring affects product design and innovation
(00:07:23) - The Rug Doctor case study and competition with Bissell
(00:08:38) - Unintended consequences of offshoring to China
(00:09:58) - Impact of manufacturing changes on American democracy and economy
(00:11:13) - Distinction between reshoring and rebuilding in manufacturing
(00:14:10) - Formation of Re:Build Manufacturing and its timing
(00:16:45) - Discussion on Re:Build's partnership with General Catalyst
(00:19:17) - Explanation of Re:Build's 16 foundational principles
(00:23:36) - Introduction of Re:Build's cost-sharing model with customers
(00:27:38) - Re:Build's approach to customer relationships and collaboration
(00:32:03) - Discussion on the concept of industrial conglomerates and Re:Build's approach
(00:34:30) - Re:Build's strategy for internal collaboration and incentives
(00:37:50) - Knowledge sharing and collaboration tools within Re:Build
(00:40:45) - Comparison of Re:Build's model to Japanese keiretsu and Korean chaebol
(00:45:50) - Discussion on the role of software in manufacturing
(00:51:48) - Re:Build's approach to implementing software solutions
(00:54:23) - Re:Build's strategy for acquiring and building capabilities
(00:56:32) - Conclusion and outro of the podcast