The State of Trade: Sourcing from Southeast Asia | Flexport Webinar July 2021

The State of Trade: Sourcing from Southeast Asia
Flexport Webinar
July 2021

Trade frictions, pandemic dislocations, and market shifts are prompting companies to look closely at SE Asian, particularly Vietnam. We discuss the business landscape with an expert on the region and unveil new Flexport research to help you make the best choice.

Rethinking Asian Supply Chains
As the effects of the COVID-19 pandemic and the accompanying logistics
crunch continue to reverberate throughout the global economy, manufacturers
are considering their supply chains in a new light. Where production cost was
once almost the only concern, the events of the past 18 months have
emphasized that supply chain shocks can happen anywhere, anytime, and that
resilience and risk diversification need to be larger considerations in planning
business operations.

As companies revisit their supply chains and look for new suppliers to help them
manage current and future risks, Southeast Asia is a key region of interest
thanks to its low costs, proximity to established suppliers in China, and rapidly
developing manufacturing capabilities. This report will consider recent trends in
manufacturing in Southeast Asian countries, and challenges and opportunities
firms should consider when making their supply chain decisions.

Smart companies are always looking for ways to manage their supply chains to
give themselves an edge. In addition to optimizing production costs, managing
complex logistics and navigating changing trade policies are key
considerations. We will discuss all of these issues in the Southeast Asia context
to help you develop a sourcing strategy that makes sense for your products and
your business.