By Raman Preet In recent years, Lao Cai province […]MORE
Asia Sourcing – Emerging Markets
With trade tensions with China creating challenges for many U.S. companies doing business there, the ABC Group is positioned to help companies shift parts of their supply chain to other emerging markets in the region. After all, when it comes to manufacturing in Southeast Asia, it’s never been more crucial to have additional supplier options outside of China to maintain the margins that companies rely on.
Benefits of exploring emerging Asian markets for supply chain diversification
- Geo-political risk mitigation
- Lower tariff rates
- Lower labor costs