Supply Chain Diversification: Why Global Buyers Are Expanding Beyond China
For many years, global companies relied heavily on China manufacturing. China offered low costs, strong supplier networks, and fast production. As a result, many brands built most of their supply chains in one country. However, the market has changed quickly in recent years. COVID disruptions, trade wars, rising tariffs, and geopolitical tensions exposed major supply chain risks. Therefore, many buyers now understand the danger of depending too much on one sourcing market. Today, supply chain...
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