Australian Newsagency Blog

A blog on issues affecting Australia's newsagents, media and small business generally.

Scramble for alternatives to China sourcing

Mark Fletcher
September 22nd, 2020 · No Comments

Importers are scrambling to find alternative sources for products they currently source out of factories in China.

The latest challenges with 2 Australian journalists fleeing China, Australians working in China advised by the Australian government to leave, the continues crack-down in Hong Kong and the greater focus on the plight of the Uyghurs is driving this.

Already, we have seen some suppliers shift product sourcing to Australia. I know of several suppliers who are driving the setup of production facilities in other low labour cost countries.

A challenging factor is in competitive situation. Currently, competing suppliers who source from China have a relatively consistent cost base. In moving production from China to another country there is, naturally, an impact on cost.

1 likes

Category: Newsagency management

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Reply

Your email address will not be published. Required fields are marked *

Reload Image