Opportunities Arising from Global Supply Chain Shifts

In recent years, global supply chains have experienced significant disruptions due to factors such as the pandemic, geopolitical tensions, and rising logistics costs. However, these challenges have also created substantial opportunities for Vietnam’s cashew industry, particularly for leading companies like SVC Cashew.

Changes in Supply Chains and Logistics

1. Rising International Freight Costs:

Sea and air freight rates have soared, especially on routes from Asia to Europe and the U.S. This has significantly impacted countries heavily reliant on importing raw materials.

2. Reshaping Supply Chains:

Importers in Europe and the U.S. are increasingly prioritizing suppliers with stable and flexible supply capabilities. This shift opens doors for businesses with strong domestic production systems and robust supply chain control.

Impact on the Cashew Industry

• Price and Supply Competition: Countries like Côte d’Ivoire and Ghana are increasing exports of processed cashew kernels instead of raw nuts, creating substantial competition for Vietnam.

• Sustainability Requirements: International markets, particularly in Europe, demand sustainably produced products with clear traceability.

SVC Cashew’s Strategy

1. Optimizing Domestic Production:

SVC Cashew focuses on building a closed-loop supply chain, reducing reliance on foreign raw materials, and enhancing quality control.

2. Enhancing Logistics and Warehousing:

Investments in modern warehousing and logistics systems ensure timely delivery and cost efficiency.

3. Meeting International Standards:

SVC Cashew continuously upholds certifications like BRC, HACCP, and ISO, meeting the stringent requirements of premium markets in Europe and the U.S.

Conclusion

Global supply chain shifts present both challenges and opportunities for Vietnam’s cashew industry. With strategic planning and dedicated investments, SVC Cashew is poised not only to capitalize on these changes but also to solidify its leadership position in the international market.

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SVC INTERNATIONAL JSC
Email: thanh@svc.vn
Phone: 090 943 24 77
WhatsApp: Click here