Discover the Untapped Opportunities in Southeast Asia’s booming FMCG Market

Discover the Untapped Opportunities in Southeast Asia’s booming FMCG MarketSoutheast Asia (SEA) is a rapidly evolving economic powerhouse, driven by its burgeoning FMCG market. With a thriving middle class, increasing urbanization, and the rise of digital technology, the region presents unprecedented opportunities for brands to expand their reach and drive sustainable growth. Our recent Market Insight explores the key trends shaping the SEA FMCG landscape, providing actionable insights for businesses seeking to capitalize on this dynamic market.SEA is experiencing robust economic growth, fuelled by factors such as domestic demand expansion, foreign direct investment, industrialization, and strong government infrastructure investments. Urbanization, …

Optimizing Procurement Costs: A Deep Dive with Spend Opportunity Assessments

Optimizing Procurement Costs: A Deep Dive with Spend Opportunity Assessments The relentless pressure to reduce procurement costs while maintaining competitiveness defines the current economic landscape. Companies seeking a strategic edge can capitalize on Spend Opportunity Assessments (OAs) to identify cost-saving opportunities and generate long-term value.A Spend OA is a systematic analysis of a company’s external spending, encompassing both direct and indirect costs. This data-driven approach aims to pinpoint areas for optimization through a four-step process: Data Collection and Spend Analysis: This initial stage involves gathering comprehensive outlay data. Analysis of this data reveals spending patterns, trends, and potential areas for …

The Latest US Tariffs on Chinese Goods

The Latest US Tariffs on Chinese GoodsTariffs Targeting China Announced by the Biden Administration The Biden administration has announced an increase in tariffs on USD 18 billion worth of Chinese imports. This action is part of a broader strategy to protect American industries and workers.Tariff Increases Range from 25% to 100% The new tariffs, ranging from 25% to 100%, target key industries and aim to shield American businesses from cheaper Chinese alternatives: Steel and Aluminum: The tariff rate on certain steel and aluminum products will increase to 25% in 2024. This measure is designed to support the US steel industry, …

India Localization – Unleashing the Potential

India Localization – Unleashing the PotentialIndia’s growth story in the manufacturing sector has been driven by its billion-plus demographic and their rising spending acumen. Manufacturing sector in India today contributes 17% to the GDP and not only caters to domestic consumption but the meteoric growth in exports as well. This rise has turned global eyes towards India as a ‘China Plus One’ destination. Government Schemes and a well-developed manufacturing ecosystem have augmented the impact in attracting global firms to invest in India.India’s manufacturing ecosystem has developed over the last 10 years primarily due to the rise in demand clusters across …

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 …

EAC Partner Uwe Haizmann zu Gast beim Digital Supply Chain Podcast

EAC Partner Uwe Haizmann zu Gast beim Digital Supply Chain PodcastDie Umwälzungen in Asien, insbesondere in China mit der Zero-Covid-Politik der Regierung, bringen die globalen Märkte und Lieferketten ins Wanken.  Um diese Themen zu diskutieren, wurde Uwe Haizmann, Partner bei EAC International Consulting mit Sitz in Shanghai, von Tom Raftery von SAP in den Digital Supply Chain Podcast eingeladen. Hören Sie sich die Folge direkt an, indem Sie den unten integrierten Player verwenden oder die Website des Podcasts besuchen. Sie können die Aufzeichnung auch auf einer der großen Podcast-Aggregator-Plattformen finden. LatestFebruar 23, 2024EAC – International Consulting erweitert seine globale Präsenz …