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.
Attractive alternatives exist for relocating China supply chain & operations including Mexico, Southeast Asia, and Central/Eastern Europe.
But how do you create a coherent strategy for your global footprint?
Developing a global footprint strategy requires analyzing your goals, markets, manufacturing operations, and supply chain network. It includes identifying new manufacturing and supply venues that could maintain quality, increase efficiencies, decrease duplication, control costs, and reduce risk.
We provided 3 real-life examples of US companies diversifying their supply chain & manufacturing to Mexico, Poland and Thailand.
The webinar discussion focused on why corporate executives selected these 3 countries.
The webinar addressed key questions such as:
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EWA Roundtable With Two Senior Executives in Vietnam and Thailand
Companies are increasingly diversifying their Operations and Supply Chain from China to improve future operational stability.
C-level executives are taking diversification actions because of current economic and geopolitical challenges in China, including COVID lockdowns, China/Taiwan/U.S. tension, US/China tariffs, rising Chinese labor and logistical costs, dependable transport to customer base, and an increasingly bureaucratic regulatory environment in China.
Why are companies considering Vietnam or Thailand?
Decision factors include:
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East West Associates Roundtable With Senior Executives
Companies are increasingly diversifying their Operations and Supply Chain from China to improve future operational stability.
This webinar discusses how companies can diversify their business from China to Thailand, Vietnam and the Philippines.
Western companies operating in China are experiencing multiple threats to company profitability and stability:
As a result, increasingly more of these companies are relocating production to South-East Asia:
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Human Resources (HR) management has always been very important in China. This webinar talks about how companies can attract and retain the best available talent in China.
It is divided into 3 segments:
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This webinar discusses the steps companies can take to mitigate risk of their supply chain disruption.
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