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Thailand Ecommerce Logistics for ASEAN Enterprises: Should You Go Local?

Logistics Bureau

The ecommerce market in Thailand has never been healthier and all the signs indicate huge potential for growth in the next few years. With the Thai government’s Thailand 4.0 Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 A logistics partner in Thailand. billion (US).

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Single sourcing presents a huge risk for companies in all industries. This provides benefits like shorter transportation times and improved inventory efficiency. Key countries that businesses are moving to include India, Thailand, and Vietnam. What are the disadvantages of single sourcing and sole sourcing?

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. China’s expansion was noted as marginal by the end of Q1.

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Global Production and Supply Chain Activity Levels Unchanged in April 2023

Supply Chain Matters

Of continued interest was that India and Thailand indexes (included in our highlights below) as leading in PMI growth during April. Output, new orders, employment and inventory stocks reportedly all contracted. A greater balance between supply and demand reportedly drove manufacturing costs lower. United States Two indices of U.S.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

That could signal even more added inventory exposures. Thailand a Regional Standout A further regional standout, manufacturers across Thailand have reportedly experienced the fastest rates of demand for products on record, with production levels easing somewhat in May. value in April to 58.2

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Global PMI Levels Contract in June 2023 with Warning Signs for Q3 Activity

Supply Chain Matters

Positive client interest continued to support the manufacturing industry, driving growth of output, employment, quantities of purchases and input stocks.” Thailand a Regional Standout A further regional standout, manufacturers across Thailand reportedly experienced “ solid manufacturing sector expansion ” in June.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. Our projection places this anticipated shift in the first half of 2024, although the present indicators do not support this expectation. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia.