I recently returned from China after spending a week meeting with our Far East team as well as visiting multiple factories in our portfolio. Several of these factories I've been to many times over the last fifteen years and it is always interesting to see how they change over time. With some it's hardly at all, while others undergo constant transformation. By having the benefit of a long term relationship with the contract manufacturers, it’s incredibly useful to see how they innovate.
Here are my observations:
Interesting to note that my last trip to China was less than a year ago, so shifts in innovation move fast. I'm looking forward to my next trip to see what other changes occur.