A Holistic Manufacturing Sourcing Location Strategy Beyond Labour Cost

January 11th, 2017 Sourcing Strategy

With factory wages rising, brands that previously had the majority of sourced production in China are shifting abroad to countries with lower wage rates, such as Indonesia, Vietnam and Bangladesh, to maintain their traditional low-cost advantage.

SupplyChain Asia, this month published our article on the future of Sourcing Strategy in Asia and how this must change with the new reality. Moving brings additional risks and we outline how having a full risk assessment, should be considered alongside the obvious opportunities for cost down. Taking a value perspective can bring new insight into the correct decision to be taken.