Advanced Manufacturing: –
Despite growing tension over threats to the current world order, the U.S. and like-minded partners maintain the power, tools, and competitive advantage to continue leading the pursuit of economic prosperity, preservation of peace, and defense of sovereignty for all nations. Advanced manufacturing is one such tool that, if developed and employed appropriately, offers the opportunity to further the concept of global prosperity and thwart revisionist ambitions. Analyzing advanced manufacturing is complicated because it is not an industry but a system of technological processes and products that are rapidly evolving. Reinforcing domestic manufacturing by progressing and integrating advanced technologies can help restore U.S. manufacturing capacity, maintain its leadership on the world stage, and usher in the next era of economic prosperity.
Advanced manufacturing can enhance output, increase the added value of products, improve the quality of products, and improve the resilience and flexibility of the U.S. economy. It shortens research and development timelines through advanced prototyping, reduced material consumption, and lower required inventory within the industry. Advanced manufacturing offers one solution, across diverse sectors and industries, to the challenges of time-sensitive critical demand and the shortfalls of just-in-time production. To further global prosperity and thwart revisionist ambitions, the U.S. should focus policy implementation on developing a manufacturing workforce, establishing regulatory standards, ensuring access to critical goods, and resolving intellectual property challenges to usher in the increased adoption of advanced manufacturing to provide an asymmetric economic advantage.
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