
The furniture and related products manufacturing industry transforms businesses, homes and institutions from raw, lackluster interiors into useable, livable spaces. Demand depends greatly on real estate sales and the health of the economy, including consumer levels of disposable income. The vast number of items, styles, coverings and finishes has forced the industry to shift from mass production to made-to-order processes. Despite increased automation and technological advancements, the industry remains fairly labor-intensive. As a result, there is greater competition from low-cost imports, forcing businesses to find relief by selling specialized products at premium prices.
AdVisory™ InsightsCase Goods (Furniture): The furniture industry in the U.S. has been dismantled by foreign imports |
SuccessesStrategic Assistance Helps Company Shift Production Offshore, Lowering the Cost of Production AccuVal Aids Domestic Manufacturer in Sourcing Components from Foreign Supplier Productivity Improved Through Reorganization of Manufacturing Operations Values Determined of Trademarks and Other Intellectual Property of Well-known Brands |