International – The future of global players
The growing interconnectedness of markets has changed the global economy’s ground rules: Partnership-based cooperation at an international level is no longer just an option, but a necessity in order to position the company sustainably for the future. However, with every market that is opened up and developed, the complexity of the value chain also increases. Companies need to create integrated networks in order to effectively coordinate processes across national borders, benefit from scaling effects and gain access to innovative technologies.
- But how do companies find the right international partners?
- What challenges do they need to overcome when developing new markets?
- And: What legal and regulatory aspects need to be taken into account for international business activities?
In our blog articles tagged as “International”, we discuss alternative production locations such as Bangladesh, Vietnam or India, provide practical insights and look at the advantages and challenges of China+1, supply chain diversification or collaborative cooperation. It is evident that international partnerships provide valuable know-how, new perspectives and diversified resources.