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How U.S. Companies are Leveraging Thailand, Vietnam & the Philippines to Diversify Their Manufacturing and Supply Chain Needs Beyond China
June 25, 2020 @ 11:00 am CDT/ Free
China’s slowing economy, rising labor costs, increased regulatory environment, and the U.S.-China trade tariffs have resulted in significant economic disruption in China and global markets. The outbreak of COVID-19 has further compounded this disruption and for many companies, highlighted the need to reduce their manufacturing and supply chain dependence on China.
Today, western companies operating in China are looking for new risk-diversification solutions for their manufacturing and supply chain footprints, and increasingly, many of these companies are choosing to expand into Thailand, Vietnam, and the Philippines.
Whether a company is adopting a “China Plus One” strategy or relocating out of China, the driving motivations for establishing supply chain and operations in Asia are: dependable raw material and component suppliers, growth of corporate sales into Asia, labor cost reductions with a qualified work force, substantial tax incentives, and a desire to reduce dependence on China.
Join us for a webinar and panel discussion on the operational and legal issues to diversifying manufacturing and supply chain footprints by leveraging Thailand, Vietnam, and the Philippines.
Mike Schoeb, Chief Executive Officer, Alliance Laundry System
(WI-based company with Thailand facility)
Mark Plum, Director, East West Associates
Former President of Briggs & Stratton Asia
Nelson Dong, Partner, Dorsey & Whitney LLP
Joan Steinmann, Assistant General Counsel, H.B. Fuller Company
(MN-based company in Thailand, Vietnam and the Philippines)
Alex Bryant, President, East West Associates (Moderator)
In partnership with Dorsey & Whitney LLP. This program will be offered as a Zoom webinar.