Here are Southeast Asia regions mentioned by 850 companies for supply chain relocation. Tariff uncertainty and trade tensions causing many companies to re-evaluate supply chains. Text mining more than 2,600 transcripts from 850 companies, a report dated February 2018 from J.P. Morgan confirms South East Asia ranks highest.
Supply chain relocation destinations considered as of December 31, 2018
Approximately 42% of companies that disclosed supply chain relocation geography destination mentioned South East Asia with Vietnam as one of the biggest beneficiaries followed by Thailand and Malaysia. Companies are stating they can shift their supply chain in six to nine months, on average.
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Southeast Asia Supply chain relocation destinations considered as of December 31, 2018
Supply chain relocation destinations tracked in the study include: China, Japan, Myanmar, Mexico, South America, Africa, SE Asia, Korea, India, Bangladesh, Asia, Europe, Malaysia, Indonesia, Thailand, Vietnam, Singapore, Philippines, Cambodia, among general regions related.
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