Myanmar Sourcing Spectrum Hero
Political risk has driven brands out of Myanmar. However as prices increase in Vietnam and Cambodia, Myanmar is looking more attractive

Leaving Myanmar was not easy, but returning takes a lot of serious consideration.  However, as brands struggle to move more production out of China, they face a growing number of challenges.  One of them is finding production that can meet their price points.

As traditional ‘China + One’ countries such as Vietnam and Cambodia become more expensive, brands are looking for alternatives.  

While the focus is on reducing their reliance on China, brands have realized that they don’t want to be overly dependent on any nation.  This has led to a much larger reshuffling of where brands source.

Sourcing Spectrum Nov24

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