Establishing Manufacturing & Sourcing in Vietnam

Webinar:

Establishing Manufacturing & Sourcing in Vietnam

Establishing Manufacturing & Sourcing in Vietnam

About The Webinar


Who Should Watch?

Executives of US companies who are facing manufacturing, contract manufacturing or sourcing challenges in China or other countries

Executives of US companies expanding Southeast Asian operational and supply chain capabilities to better service customers


US companies are establishing or relocating to Vietnam for a number of reasons, not the least is diversification from China. Vietnam has become a preferred destination as China labor costs and geopolitical concerns increase, and as US/China tariffs remain.

Vietnam has a significant manufacturing base, which was traditionally focused on textiles, apparel, and furniture.

Vietnam has increased their manufacturing capabilities and are now major producers of consumer electronics, telecom equipment, machinery and auto parts. Samsung produces a third of their total output in Vietnam and is the country’s largest exporter.

East West Associates’ speakers addressed these questions, including:

    • Why – and How – are US companies developing manufacturing, contract manufacturing & sourcing capabilities in Vietnam?
    • What industry sectors are finding sourcing & manufacturing success in Vietnam?
    • What are the advantages of Vietnam as compared to the other ASEAN Countries?
    • What financial & operational incentives does the Vietnamese government provide to US companies to establish operations on leased or owned facilities?
    • How should our investment strategy be designed to best meet the Vietnamese Investment goals?
    • How does Vietnam compare to China & Thailand? Lease rates? Building costs? What are the relative advantages of Vietnamese Business Park options?
    • Can you summarize the Vietnamese/US trade relations and tariff policies?

Our speakers briefly presented two recent case studies:

    • How a Minnesota-based manufacturing client established a Vietnamese contract manufacturing arrangement to diversify from China and service the US market
    • Key experiences of a Michigan-based automotive manufacturing plant for an operational and supply chain audit
Establishing Manufacturing & Sourcing in Vietnam

Speakers

Mark Plum | Director, East West Associates
  • Former President of Briggs & Stratton Asia (NYSE: BGG)
  • VP Sales & Marketing, American Standard Thailand & American Standard China
    Establishing Manufacturing & Sourcing in Vietnam

    Presentation

    Jacob Miller | Director, East West Associates (Vietnam)
    • Former Operations Engineer for Caterpillar
    • Focus in Supply Chain development, procrurement process improvements and facility establishment
    • Currently based in Ho Chi Minh
    Establishing Manufacturing & Sourcing in Vietnam

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    Establishing Manufacturing & Sourcing in Thailand

    Webinar:

    Establishing Manufacturing & Sourcing in Thailand

    Establishing Manufacturing & Sourcing in Thailand

    About The Webinar

    East West Associates Roundtable with Senior Executives


    Who Should Watch?

    Executives of US companies who are facing manufacturing, contract manufacturing or sourcing challenges in China or other countries.

    Why Should You Watch?
    For ideas and guidance to help navigate new business manufacturing and supply chain in Thailand.


    US companies are establishing or relocating to Thailand for a number of reasons, not the least is diversification from China. Thailand has become a preferred destination as China labor costs and geopolitical concerns increase, and as US/China tariffs remain.

    Thailand has a significant manufacturing base and available skilled labor. For example, in 2021 Thailand became the largest motor vehicle-producing country in Asia Pacific, producing 1.9M vehicles.

     

    East West Associates’ speakers will answer questions, including:

    1. Why – and How – are US companies developing manufacturing, contract manufacturing & sourcing capabilities in Thailand?
    2. What industry sectors are finding manufacturing & sourcing success in Thailand?
    3. What financial & operational incentives does the Thai government provide to US companies to establish operations on leased or owned facilities?
    4. How should our investment strategy be designed to best meet the Thailand Board of Investment goals?
    5. How does Thailand labor compare to China & Vietnam? Lease rates? Building costs? What are the relative advantages of Thai Business Park options?
    6. Can you summarize the Thai/US trade relations and tariff policies?

    Our speakers briefly present two recent case studies:

      • How an Ohio-based industrial company successfully established a Thai contract manufacturer relationship
      • Key experiences of a Michigan-based electronics manufacturer when relocating its China-based manufacturing to Thailand
    Establishing Manufacturing & Sourcing in Thailand

    Speakers

    Mark Plum | Director, East West Associates
    • Former President of Briggs & Stratton Asia (NYSE: BGG)
    • VP Sales & Marketing, American Standard Thailand & American Standard China
    Steve Blyth | Nederman Corporation (Thailand)
    • Former Managing Director of Southeast Asia, Nederman Corporation (Thailand)
    • Former Sales & Commercial Director, Volvo Cars (Thailand) Ltd.

    • Currently based in Bangkok, Thailand

    Establishing Manufacturing & Sourcing in Thailand

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    Establishing Manufacturing & Sourcing in Thailand

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    2023 Headwinds to Manufacturing In-China/For-China

    Webinar:

    2023 Headwinds to Manufacturing In-China/For-China

    Headwinds to Manufacturing In-China/For-China

    About The Webinar

    East West Associates Roundtable with Senior Executives


    Who Should Watch?
    Executives whose US-owned companies are committed to manufacturing in China and selling into in-China markets.

    Why Should They Watch?
    For ideas and guidance to help navigate new business restrictions and other headwinds to your In-China/For China manufacturing operations.


    The Past: How Things Were, in China/for 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. There were relatively few local competitors. The cost of labor in China was a fraction of anywhere else. The Chinese government provided a friendly regulatory environment and offered attractive incentives.

    Then tailwinds became headwinds.

    Today: Where We Are Now, in China/for China

    Chinese competitors have emerged. US market share in China has eroded. Labor costs have ballooned. Nationalism is on the rise in both US and China. Political tensions and tariffs. New Business Park limitations. Buy-China attitudes, unpredictable laws and new environmental regs make it tougher and tougher for US-owned companies in China.

    But there you are, in China, for the China market. What do you do now?

    Our seasoned executives have real-life manufacturing experience in China and addressed four scenarios during the webinar.
    Are you experiencing one, some, or all of these scenarios?

    1. Manufacturing operations in China Business Parks are facing growing pressures, including limitations on expanding manufacturing capabilities, and increased environmental restrictions.
    2. The Chinese government is imposing an array of“no-fly list” restrictions on imports of sensitive products or components or raw materials you need to manufacture in China.
    3. Implications of “Made in China 2025” indicate you might need to stay below the radar to survive there.
    4. You might be concerned that your operations in China could be under-performing.

    Our speakers also answered audience questions, such as:

      • Are there industrial parks or developing regions within China where we might find lower manufacturing costs and/or growing market potential?
      • What opportunities are emerging in the western regions of China? Is it easier to do business there?
      • China has recently spoken about welcoming foreign investment again. What can we realistically expect?
      • Should we re-evaluate our ownership model and move to a minority position (< 50%) to address Chinese concerns? How do we deal with cash flow, profit repatriation, corruption, IP/TS concerns?
      • Should we consider a move to a SE Asia regional headquarters? Like in Singapore or Hong Kong or even South Korea?
      • How do we deal with declining operational performance? How can we monitor & motivate & compensate ex-pats and local staff, given new circumstances in China for US citizens and US-owned operations?
      • Can you share a real-life example of how a certain In-China, For-China company is re-shaping its operations to reflect a changing China?
    Headwinds to Manufacturing In-China/For-China

    Speakers

    Mark Plum | Director, East West Associates
    • Former President of Briggs & Stratton Asia (NYSE: BGG)
    • VP Sales & Marketing, American Standard Thailand & American Standard China
    Dan McLeod | Director, East West Associates
    • Former Director Asia Pacific Operations- Ashland Specialty Ingredients
    • General Manager-Eaton Corporation (SE Asia)
    • Director of Asia Pacific Manufacturing and Supply Chain-Hercules
    Headwinds to Manufacturing In-China/For-China

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    Headwinds to Manufacturing In-China/For-China

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    Hiring the Right Senior Executives & Conducting Individual Due Diligence and Integrity Training

    Webinar:

    Hiring the Right Senior Executives & Conducting Individual Due Diligence and Integrity Training

    Hiring the Right Senior Executives

    About The Webinar

    Human Resource Success in Post-Covid China

    Human Resources (HR) management has always been very important in China.  However, 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.

    As western executives are gradually returning, companies are evaluating the quality of their executives in China who are currently managing their operations.  During Covid, many US executives did not make significant HR decisions because travel restrictions prevented them from interviewing candidates and the increased difficulty of identifying and qualifying candidates.

    To ensure success, companies must identify the right potential candidates and take the necessary preventative risk management steps of conducting individual due diligence to ensure the candidate’s character, ethics, and management style do not alienate customers, other corporate employees or vendors.

    Additionally, these senior executives will shape the company’s corporate operating culture, which significantly impacts the company’s business reputation and employee morale.  Based on EWA’s many years of running China-based manufacturing operations, most employees are aware of existing theft, kickbacks and bribery occurring at the company.  Unless these illegal actions are shut down quickly, they infect the business like a cancer.  Instances of theft and corruption include payments from vendors, kickbacks from customers, selection of family-related vendors, etc.

    HR success in China is no longer just hiring the right executives  – in the current environment, companies need to implement risk management practices of Individual Due Diligence and Integrity Training to minimize the risk of hiring the wrong senior executives.

    The webinar addresses topics such as:

    Executive Searches for Senior Executives

      • How has Covid affected the ability to identify and qualify senior management candidates in China?
      • What are the current challenges US companies face hiring senior level Chinese executives?
      • Has the geopolitical tension between the US and China affected Chinese executives’ interest in working for US companies?

    Individual Due Diligence of Senior Executive Candidates

      • How Individual Due Diligence is different from a normal “Background Check”?
      • Which positions require this level of Due Diligence on the candidates?
      • Are there positions which do not require this level of Due Diligence?
      • What are the key risk factors to rejecting a candidate?

    Integrity Awareness Training

      • For those companies who have not experienced any unethical behavior at their China operations, why should they consider Integrity Training?
      • How does Integrity Training improve the company’s position if a terminated employee files a claim with the Labor Bureau?
      • How does this training impact ALL the employees – both blue collar and white collar?
      • How does this Awareness training deputize all employees to report unethical behavior?
    Hiring the Right Senior Executives

    Speakers

    Vicky Shao | Director, East West Associates- China
    • Vice President of Human Resources, Flexco Conveying Equipment Manufacturing Company
    • Human Resource Manager, Lombard Risk International Ltd.
    • Executive Department Human Resources & Administration, Nitto Denko Corp.
    Jay Hoenig | Director, East West Associates
    • Chief Operating Officer Asia Pacific, Hill & Associates Group
    • Asia Pacific Vice President & General Manager, Bechtel Corporation
    • Chairman of the American Chamber of Commerce in Shanghai
    Hiring the Right Senior Executives

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    Hiring the Right Senior Executives

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    How to Approach China Alternatives: Mexico, Southeast Asia & Central Eastern Europe

    Webinar:

    How to Approach China Alternatives: Mexico, Southeast Asia & Central Eastern Europe

    How to Approach China Alternatives

    About The Webinar

    Your Global Supply Chain & Manufacturing Footprint Strategy

    East West Associates Manufacturing and Supply Chain Roundtable with Senior Executives

    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:

      • What questions should executives be asking to determine whether to diversify their supply chain & manufacturing?
      • What metrics does a company use to determine what is the best country and site location?
      • What are the costs involved in diversifying supply chain & manufacturing?
      • What are the unique challenges in Mexico, Southeast Asia & Poland?
      • What type of industry sectors are diversifying into these 3 markets?
      • What problems can we anticipate if we close our operations in China?
    How to Approach China Alternatives

    Speakers

    Mark Plum | Director, East West Associates
    • Former President of Briggs & Stratton Asia (NYSE: BGG)
    • VP Sales & Marketing, American Standard Thailand & American Standard China
    Dan McLeod | Director, East West Associates
    • Former Director Asia Pacific Operations-Ashland Specialty Ingredients (NYSE: ASH)
    • General Manager-Eaton Corporation (Philippines)
    • Director of Asia Pacific Manufacturing and Supply Chain-Hercules
    Relocating or Expanding Operations & Supply Chain From China to Vietnam and Thailand

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    Relocating or Expanding Operations & Supply Chain From China to Vietnam and Thailand

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