home | Sydney: | Kansas City: | Shanghai:
Many industry professionals have increasingly been discussing the pros and cons of aligning themselves with one country for all their needs. Geo political concerns highlight that it is important to review alternatives, both geographically within China and within other countries for an ability to meet your manufacturing needs.
Plus, many other countries have seen the challenges that China has been facing (for example increasing labour rates, electricity costs and internal unrest) and taken the opportunity to ready themselves to be seen as viable alternatives.
Currently, TJM Sourcing can help source factories for you from throughout China, India and Mauritius.
Diversification of your manufacturing supply chain through a strategic selection of a variety of countries will help to provide a hedge against any political instability, natural disaster and any uncertainty which may impinge upon supply of your products.
Part of your risk assessment and action plan should include the potential of manufacturing outside your main product sourcing country, if for no other reason than to spread the risk.