What is China Plus One & Why Is It Beneficial?
Michelle Adams
Created on August 24, 2023
A brief overview of the China Plus One strategy and its benefits for companies who source parts from China in their supply chain.
Over 30 million people create interactive content in Genially.
Check out what others have designed:
10 THINGS MORE LIKELY THAN DYING IN A PLANE CRASH
Interactive Image
RAINFOREST
Interactive Image
AMAZON RAINFOREST
Interactive Image
CONSTELLATIONS PICTURE WORD MATCH
Interactive Image
VISIT CAPE COD: 5 FUN FACTS YOU DIDN'T KNOW
Interactive Image
CONSTELLATIONS
Interactive Image
AURORA BOREALIS
Interactive Image
Transcript
What is the benefit of China Plus One? By establishing additional sourcing and manufacturing locations outside of China, companies can mitigate business risks such as cost, geopolitical threats, and compliance requirements.
What is China Plus One? China Plus One is a supply chain strategy that encourages companies to minimize their supply chain dependency on China by sourcing parts from other countries such as Thailand, Vietnam, Singapore, and Malaysia.