US companies are establishing or relocating to Vietnam for a number of reasons, not the least is diversification from China.
W Global Footprint Services
US companies are establishing or relocating to Thailand for a number of reasons, not the least is diversification from China.
For decades, manufacturing in China for the China market was a happy time. US multinational companies (MNC) took their tried-and-true designs there to address a huge untapped China demand.
With Covid travel restrictions just now lifting for western executives to travel to China, companies are reminded that success in China is heavily dependent on having the right personnel and ensuring the China operation has the right ethical corporate culture.
Manufacturing for export and sourcing in China is becoming more difficult due to increasing labor costs, high production expenses, volatile tariffs, political tensions, as well as challenging and changing rules & regulations.
Closure, Near-Shoring, Relocation and Consolidation of Export-Oriented China Operations and Supply Chains
This webinar featured seasoned speakers with real-life experience in China plant closures, improvements, consolidations, relocations and sourcing within China and in other countries.