May 4-6, 2005
Omni Tucson National Golf Resort & Spa

"The Economics of Manufacturing in China"

½ Day Workshop

Presented by Walt Benecki
President, Walter T. Benecki LLC

This workshop is designed for general management, manufacturing and financial executives who are interested in evaluating the economics of possibly transferring operations or establishing a manufacturing capability in mainland China. After a short update of the current status and trends in China's manufacturing sector, workshop participants will have the opportunity to complete a comprehensive financial analysis relating specifically to their own business.

Total cost reduction potential will be identified. All related upfront investments and expenses associated with a China start-up will be considered. The modeling will include analysis of China manufacturing costs, including labor, purchased materials and components, as well as facility operating costs.

Risks and contingencies will be identified. The result will be a payback analysis that will demonstrate the benefit (or lack thereof) of a potential investment in China manufacturing. All modeling data will remain the exclusive property of each workshop participant and will not be made available to the workshop leader or workshop attendees.

Each workshop attendee will receive a notebook containing all the presentation slides and charts, plus detailed formats for financial modeling of a China manufacturing operation. Limited advanced preparation (data collection) will be required. Participants are encouraged to bring a calculator.

Walt Benecki is President of Walter T. Benecki LLC, a Chicago-based management consultancy. Mr. Benecki was president of the Magnetic Products Group of SPS Technologies from 1989-2001 and served as president of the Magnetic Materials Producer's Association from 1994-97.

Workshop Fee: $375 per person ($475 for non SMMA member)

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