Monday Sep 16, 2024
Manufacturing Abroad: An Expert's Guide to Asian and Latin American Outsourcing
In this episode of "Executives On The Frontlines," we explore the intricacies of outsourcing manufacturing and assembly operations to Asia and Latin America. Our expert guest Larry Martinez shares hard-won insights on:
- Evaluating the unique challenges and opportunities in Asian vs. Latin American markets
- Selecting optimal subcontractor locations
- Cultural considerations when partnering with firms in these regions
- Navigating diverse business practices, ethics, and compliance standards across different countries
- Implementing effective quality control measures in distant facilities
- Managing complex supply chains for materials sourcing in Asia and Latin America
- Addressing warranty returns and rework logistics across long distances
- Balancing cost advantages with potential risks in these emerging markets
- Strategies for negotiating ongoing cost reductions while maintaining relationships
Gain valuable perspectives on how experienced executives guide companies through the complexities of global outsourcing, focusing on the vibrant manufacturing landscapes of Asia and Latin America.
To schedule an introductory call with Larry, use this link: https://calendly.com/larry-martinez.
Larry Martinez bio: Larry Martinez is a Lean Six Sigma Master Black Belt and CFO principal at ExecHQ. He is an expert in managing outsourced subcontractors in Asia and Latin America. With a global focus, Larry assists clients considering outsourcing, helps them manage existing subcontractors, or provides guidance on creating an exit strategy.