Objective: To assist Decowraps in expanding its supply identification and supply chain in Southeast Asia by identifying potential suppliers and conducting factory audits. The goal was to establish a manufacturing site in Vietnam, with support from our Corporate Services team in recruitment and coaching.
Project Background:
Decowraps, a global leader in packaging solutions for fresh-cut flowers and potted plants, aimed to strengthen its supply chain in Southeast Asia by setting up a manufacturing facility in Vietnam. This strategic move would enhance operational efficiency, reduce risks, and secure a reliable supply chain for packaging materials.
Solutions & Results:
A. Sourcing and Supply Chain solutions:
- Conducted a SWOT analysis of key Southeast Asian countries, identifying the best markets.
- Shortlisted and verified potential suppliers, ensuring alignment with Decowraps’ needs.
Results:
- Identified 100+ potential suppliers across Vietnam, Thailand, and Indonesia.
- Delivered a segment information report to guide Decowraps’ decision-making.
B. Corporate services’ solutions:
- Provided recruitment services, successfully placing key roles.
- Offered executive coaching to help Decowraps’ CEO work effectively with the local team.
Results:
- Conducted 3 factory audit days and delivered a detailed audit report with critical insights.
- Identified 40 ERP suppliers to streamline Decowraps’ manufacturing operations.
These results empowered Decowraps to successfully diversify its supply chain, mitigate risks, and expand its operations in Southeast Asia. With the necessary information and groundwork in place, Decowraps proceeded with the acquisition and establishment of a manufacturing site in Vietnam, ensuring a strong presence in the region.
Operating with an outsourcing license, Source of Asia offers trusted and flexible Corporate Services to empower your business. Contact us at hello@sourceofasia.com for more information and discover how we can assist you.
Why Partner with Source of Asia?
With an outsourcing license, Source of Asia offers trusted Corporate Services tailored to your expansion needs. Whether it’s market entry, recruitment, or supply chain solutions, we help businesses thrive in Southeast Asia.
Contact us today at hello@sourceofasia.com to explore how we can support your business!
