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The Future of Manufacturing in LA County
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 continue to blur.
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 a much smaller scale, enabling them to create offerings once the sole province of traditional manufacturers. 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 new opportunities.
Given the emergence of more complex ecosystems of fragmented and concentrated players across a growing array of manufacturing value chains, businesses that understand emerging “influence points” will have a significant strategic advantage. As the manufacturing landscape evolves and competitive pressure mounts, driven by the needs of ever more demanding customers, position will matter more than ever. In all the decisions about where and how to play in this new environment, there is no master playbook—and no single path to success.
Join the LAEDC and CSUDH on June 6th to gain a better understanding of these shifts, roles, and influence points, and gain the tools to successfully navigate the new landscape of manufacturing.
Smart Manufacturing Practice Lead, CMTC (California Manufacturing Technology Consulting)
Shekhar Chandrashekhar is a leader, strategist, and innovator with a history of driving improvements that streamline operations and increase profitability on a global scale. His background in business and technology leadership, and deep knowledge and advanced training in engineering management have provided him with a unique talent—the ability to transform organizations and influence company and product positioning worldwide.
In his current role as Smart Manufacturing Practice Lead at CMTC, Shekhar partners with the nationwide network of innovation institutes and industry 4.0 solution providers to assist small and medium-sized manufacturers in digital transformation. His expertise in IIOT, Agile, SaS, data and information management, ICT provides him the strong foundation in helping clients formulate new business models, technology infrastructure, and product portfolios.
Shekhar Chandrashekhar is passionate about driving change at the intersection of business, technology, and culture. He is also a people-oriented leader with the capacity to engage and develop high-performing teams that work together to realize unprecedented—verifiable and repeatable—results.
Pratik will give perspective on how software technology platforms provide global supply chain management for businesses
Pratik is an investor and a global executive with a career spanning the United States, Europe and Southeast Asia. A born entrepreneur with a track record for founding and scaling business operations, Pratik brings a wealth of expertise in supply chain design, implementation, technology and business strategy.
With more than 20 years of experience, he has held leadership positions for Fortune 500 companies like Apple, Beats Electronics, 20th Century Fox, and many others. Pratik also holds board and advisory positions for various startups like Arlians, Venzee and others. On a lighter note, Pratik is an avid Formula 1 fan and still dreams of becoming a race car driver.
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