China Plus X
The multi-shoring approach to supply chain resiliency and risk hedging
Disrupted. That’s the best word to describe global supply chains over the past six years. Companies have learnt they cannot depend on China only for their manufacturing output; but China Plus 1 could not deliver on adjusting to fast-changing supply chain situations. Enter China Plus X – where X stands for for multiple additional countries.
Strategic insights driving China + X
Uncover the full narrative in our latest white paper
Understand the trend
The global events that led to the rise of multi-shoring, and why it is here to stay
Support your assessment
The 5 key due diligence building blocks for a successful China+X strategy implementation
The 5 Pillars of Your China Plus X Due Diligence
This white paper explores the China Plus X trend and outlines the five key criteria essential for executing this strategy and evaluating a country's suitability for your manufacturing needs.
Transportation
Includes capacity, quality, transit times, how capacities in countries are changing in the context of multi-shoring.
Cost
Includes logistics, labor, rent etc. how logistics costs compare across different markets, ROI of going to a certain country.
Country Infrastructure
Includes digital and physical infrastructure i.e. broadband capacity/technology, transportation infrastructure, and how infrastructure will change in the coming years to support alternate sourcing countries. Infrastructure includes new airports, ports, highways, and rail lines.
People
Includes availability of talent with required levels of education and skills; logistics knowledge and logistics skillsets. Age of the workforce.
Regulatory environment
Includes taxes, customs, tariffs, participation in trade agreements etc. Also, may include intellectual property regulations.
Download the White Paper
Whether you want to:
- Understand the imperative of China Plus X
- Evaluate whether China Plus X model is the right fit for your business
We have compiled all the knowledge of our Freight Forwarding Experts and independent thought leaders to help you in your decision-making.
