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Rethinking supply chains: The Asia advantage

Manufacturers have been forced to rethink their strategies ranging from the sourcing of raw materials to the relocation of production units. As the pandemic has highlighted the challenges companies face due to the reliance on a single geography, manufacturers are diversifying and relocating their supply chains to become more resilient. This has led to the emergence of countries and territories in Asia and the ASEAN region as attractive alternatives. Last year, KPMG’s report, Rethinking supply