Empower Your Asian Manufacturing Decisions with intelloTRAK®

Empower Your Asian Manufacturing Decisions with intelloTRAK®At EAC, we have been at the forefront of guiding clients and foreign investors through the complexities of establishing and managing manufacturing operations in China for the past three decades. While the landscape may have shifted, the demand for strategic location selection continues to stay strong – whether you’re embarking on a new venture or considering a relocation.The arena of Asian manufacturing is changing, and so are the tools you need to succeed. We are thrilled to announce intelloTRAK®, a groundbreaking digital tool that harnesses our extensive experience to empower your location search. Curious …

ASIAN EXHIBITION INDUSTRY GROWTH IS HERE, BUT SHOULD YOU GO THE ORGANIC/ INORGANIC ROUTE?

ASIAN EXHIBITION INDUSTRY GROWTH IS HERE, BUT SHOULD YOU GO THE ORGANIC/ INORGANIC ROUTE?The exhibition market is booming, fueled by a global surge in demand across various sectors. This growth is driven further by the significant contributions from key industries like renewable energy, AI, infrastructure, automotive, and manufacturing – all witnessing a surge in global investments. Globalization also plays a crucial role as companies expand their reach into new markets and regions, increasingly turning to exhibitions as a powerful B2B marketing tool to showcase their products and services.Leading Messen Global Expansion Strategies: Leading trade fair organizers are pursuing a two-pronged …

Photonics21 Partnership Annual Meeting 2024 in Brussels: Photonics Industry Beat Global Trends

Photonics21 Partnership Annual Meeting 2024 in Brussels: Photonics Industry Beat Global TrendsMore than 220 high-ranking photonics representatives from industry, science and politics debated the future of light technologies, including technological sovereignty and the global photonics industry at the Photonics21 Partnership Annual Meeting in Brussels on 14 and 15 May. The Annual Meeting is one of the most important events for the European photonics community. EAC International Consulting was invited as a key note speaker.Daniela Bartscher-Herold, Founder and Partner EAC Munich, gave a presentation about political steering processes in China in core segments of photonics industry. The EAC study, commissioned by …

Outlook for European Businesses in China

Outlook for European Businesses in ChinaBusiness Sentiment Among European Companies in China The European Chamber of Commerce in China’s (EUCCC) latest Business Confidence Survey reveals a year of mixed sentiments for European businesses in the wake of China’s reopening post-COVID-19. Despite the initial optimism spurred by the lifting of pandemic-related restrictions, several structural issues and regulatory challenges have tempered expectations. This article delves into the survey’s findings, shedding light on the current business climate and the outlook for European firms operating in China.Economic Challenges and Geopolitical Animosities Pressure Foreign Companies in China In 2023, European businesses in China faced significant …

The Resurrection of Southern Europe

The Resurrection of Southern EuropeIn recent years, Southern Europe has emerged as a beacon of economic resurgence, with countries like Portugal, Greece, and Spain leading the charge. This revitalization stands in contrast to the economic landscape of Northern Europe, with robust growth rates exceeding 5% in 2022, a testament to the region’s resilience and potential. While challenges remain, particularly concerning the sustainability of the growth as well as structural impediments, the trajectory of Southern Europe’s economy offers a promising narrative of growth and transformation.One of the key drivers behind Southern Europe’s economic revival is the composition of its economy, which …

Komplexität meistern: EACs Global Sourcing Chroniken

Komplexität meistern: EACs Global Sourcing ChronikenIn den letzten Jahren hat EAC mehrere Unternehmen bei globalen und regionalen strategischen Beschaffungsprojekten in verschiedenen Branchen unterstützt, darunter Industrie, Mobilität, Bauwesen, Energie und Umwelt, Chemie und Konsumgüter. Bei der Durchführung dieser Sourcing-Projekte sind wir auf einzigartige Herausforderungen und unerwartete Chancen gestoßen. In diesem Artikel möchten wir ausgewählte Beobachtungen und Erkenntnisse unserer EAC-Beschaffungsexperten zusammenfassen.Wachsende Bedeutung nachhaltiger Beschaffungspraktiken In der heutigen umweltbewussten Welt ist Nachhaltigkeit nicht mehr nur ein zweitrangiges Anliegen, sondern integraler Bestandteil einer erfolgreichen Geschäftsstrategie. Dies konnten wir feststellen, als wir ein führendes europäisches Unternehmen bei der Suche nach potenziellen Lieferanten für vier verschiedene …

Navigating Complexities: EAC’s Global Sourcing Chronicles

Navigating Complexities: EAC’s Global Sourcing ChroniclesIn recent years, EAC has supported multiple companies in global and regional strategic souring projects across various industries, including industrials, mobility, building & construction, energy and environment, chemicals, and consumer goods. While executing these sourcing projects, we have encountered unique challenges and unexpected opportunities. With this article we would like to summarize select observations and learnings of our EAC sourcing experts.Rising Importance of Sustainable Sourcing Practices In today’s environmentally conscious world, sustainability is no longer a secondary concern; it is an integral part of a successful business strategy. We observed this while assisting a leading …

Outsourcing of non-core activities to developing Innovation hubs

Outsourcing of non-core activities to developing Innovation hubs: The new Shared Services concept in practiceTo focus on core business competencies without impeding the flow of non-core activities while achieving cost efficiencies, businesses have been setting up shared services centers (SSCs) since 1980s but over the years, the model has evolved to adapt better to changing business requirements. From Shared Services Centers (SSC) to Global Competence Centers (GCC) and Global Business Services (GBS), service delivery model encompassing outsourcing, captive shared services as well as centers of excellence (COEs) for serving various business units have been the guiding pillars to offer centralized expertise …

Globale Herausforderungen bei der Herstellung von Windturbinen und der Lieferkette

Globale Herausforderungen bei der Herstellung von Windturbinen und der LieferketteWie kann man die Wettbewerbsfähigkeit steigern und Risiken ausgleichen? Die Windenergie ist eine der am schnellsten wachsenden Energiequellen der Welt, angetrieben durch unterstützende Gesetze in den USA, der Europäischen Union, Indien und China, doch die freien Kapazitäten sind begrenzt und werden wahrscheinlich bis 2026 verschwinden.Die Windenergie ist eine der besten Quellen, um die Schmerzen und Herausforderungen des Klimawandels zu lindern. Angesichts des steigenden weltweiten Strombedarfs, der Prognosen zufolge bis 2030 um 25 % auf ~30k TWh1) steigen wird, sind die Entwicklung und Nutzung von Windenergie und anderen erneuerbaren Energiequellen unverzichtbar und …

Global Wind Turbine Manufacturing & Supply Chain Challenges

Global Wind Turbine Manufacturing & Supply Chain ChallengesHow to boost competitiveness and balance risks? Wind energy it one of the fastest-growing energy sources in the world driven by supportive legislations in the US, the European Union, India and China yet spare capacity is limited and will likely disappear by 2026.Wind energy is one of the best source to alleviate the pain and challenges of climate change. With the increasing demand of global electricity, which is forecasted to grow by 25% and reach ~30k TWh1) by 2030, development and utilization of wind plus other renewable energy sources are indispensable and have …

Quo vadis: Deutsche Industrie der Werkzeugmaschinen in China

Quo vadis: Deutsche Industrie der Werkzeugmaschinen in ChinaUnser Experte und Partner, Daniel Berger, war auf dem VDW China Machine Tool Management Meeting und durfte dort einen Vortrag über die Entwicklung der deutschen Werkzeugmaschinenindustrie in China halten.Angetrieben von anhaltenden industriellen Investitionen war 2022 ein solides Jahr für die deutsche Werkzeugmaschinenindustrie in China. Auch wenn die aktuellen Aussichten ernüchternd sind, ist die Hoffnung auf eine Belebung der Nachfrage in den kommenden Monaten groß und das Engagement der Unternehmen in China bleibt unbestritten. Daniel Berge stellte in seinem Vortrag die jüngsten Entwicklungen und Aussichten der chinesischen Wirtschaft und den Entwicklungsplan der Regierung für …

Quo vadis: German Machine Tools in China

Quo vadis: German Machine Tools in ChinaOur expert and partner, Daniel Berger, was at the VDW China Machine Tool Management Meeting and was allowed to give a presentation about the development of the German machine tool industry in China.Driven by continued industrial investment, 2022 was a solid year for the German machine tool industry in China. Although the current outlook is challenging, hopes are high that demand will pick up in the coming months and the commitment of companies in China remains undoubted. In his presentation, Daniel Berge introduced the latest developments and prospects of the Chinese economy and the …