Kit Maker Full of Eastern Promise Small Manufacturer Was Ahead of the Game When It Saw the Potential of China
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Summary
LAWRENCE Sammeroff, the chairman of Scottish first-aid kit manufacturer Frank Sammeroff, might have first learned of his company's future success from the upbeat prediction of a Chinese fortune cookie - one that read "Go to the East, and you will be rich".
However, the truth is that the Glasgow-based company is far more adventurous and entrepreneurial than to simply wait for the pre- ordained to just happen.See the full content of this document
Extract
Kit Maker Full of Eastern Promise Small Manufacturer Was Ahead of the Game When It Saw the Potential of China
In the early 1970s, long before the word "outsourcing" had been invented, Sammeroff seized upon the idea that manufacturing abroad could be a way to keep down the cost of labour-intensive operations and at ...
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