As volatility continues to reshape global supply chains, more companies are diversifying production sites under a China Plus X strategy to reduce risk.
Amid shifting global landscapes, road freight is clearing a path for Southeast Asia to emerge as prime ground for a Plus One strategy.
Southeast Asia is taking the lead in building up its status as a nearshoring hotspot.
In a new era of “re-globalization”, economic integration is expanding to new markets and reshaping supply chains through nearshoring and multi-shoring.
Southeast Asian countries are capitalizing on local expertise and multilateral trade treaties to leverage new opportunities as a Plus One region.