If you are manufacturing in or sourcing from China, there is no “one size fits all” approach to de-risking your supply chain.
Companies in the consumer goods space — you are already seeing changes.
Demand is declining. One company announced sales in China have gone down. Another company’s stock dropped 5% in China.
Demand is not expected to increase. Local competition is catching up.
You must protect your revenues. Face the reality. Analyze it. Predict next steps. Take action accordingly.
These are scenarios you cannot afford to ignore.
