Last month, in Moving Manufacturing to Vietnam, Thailand, Malaysia, or India (Pros & Cons), I compared 4 manufacturing hubs in Asia that seem well-positioned to receive additional activity, as many American companies try and "decouple" from China: Ho Chi Minh City (Vietman) Kuala Lumpur (Malaysia) Bangkok (Thailand) Chennai (India) Chennai has been ramping up its manufacturing activity Well, it seems Chennai has been ramping up its activity fast. Maybe even too … [Read more...]
5 Difficulties Importers Are Currently Faced With When Preparing For 2022 [Podcast]
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In this episode… The coronavirus pandemic has caused a number of difficulties for importers with Chinese or Asian suppliers. Lack of visibility over suppliers, lockdowns, increased supply chain risks, sea freight delays and very high costs requiring very advanced booking, a global electronic component shortage, and a USD/RMB exchange rate that isn't ideal right now, are the topics under discussion in this episode. If these are affecting you, Renaud's views will be … [Read more...]
Buying Electronic Components In Advance In China To Avoid Further Price Hikes
Several customers have asked us for help with buying electronic components in advance recently. If you purchase electronics from China, you have certainly noticed that prices have kept rising, and in some cases, the lead times are 6 months or longer. Some companies have stopped producing and are waiting for the insanity to stop, but most others have to keep supplying their customers. The question in their minds is 'how much worse is it going to get?' I thought I'd share some advice on … [Read more...]