Industry Shuffle Shoe Enterprises "Flee" Destiny

China's footwear industry is experiencing the throes of industrial upgrading. Levin, President of Yale University, said: China's manufacturing pformation takes 15 to 20 years.

Faced with such a long process, how can China's shoe enterprises get out of the way of survival?

Can the "escape" of these enterprises benefit the upgrading of China's footwear industry?

He Jieming, senior director of McKinsey, a leading global consultancy, thinks that it is not a wise choice for large multinational companies to shift manufacturing bases to Vietnam, Thailand and Malaysia.

Barrett, chairman of Intel's board of directors, argues that pferring low-end manufacturing to Vietnam is definitely not a bad thing.

According to the relevant footwear industry, in fact, as early as the beginning of this year, the collapse of shoe enterprises in the PRD witnessed the collapse of factories, such as Vietnam and other countries, and some of the world's largest footwear processing enterprises also invested in factories in other countries outside China.

Moving to lower labor cost countries, especially to neighboring Vietnam, seems to be a trend for Chinese shoe companies.

However, from a practical point of view, most enterprises must bear the risks and pressures brought about by the pfer of industries to foreign countries.

After all, for countries like Vietnam, although low labor costs are the main advantages of labor-intensive industries, the degree of proficiency of workers and mature industrial chain environment have not yet been developed, coupled with the frequent labor disputes, which constitute an indeterminate factor for enterprises to invest abroad.

Experts said that for China's shoe industry "shuffle", industrial pfer is not limited to low labor cost countries abroad, and the pfer of domestic scope is also one of the ways for enterprises to find their own way.

With the collapse of shoe enterprises in the Pearl River Delta since the beginning of the year, the process of "shifting East shoes to the west" and the formation of a new shoe-making base in the West have been in the process of separating the design, marketing links from production links, that is, the so-called "headquarters economic mode" is worth learning from Chinese enterprises.

As a global manufacturing base, the mature industrial chain and business environment that China has formed over the years are currently irreplaceable by other countries. The industry shuffle of China's footwear industry has made many shoe companies undergo the throes of change, but for the Chinese shoe industry, the overall competitiveness will certainly be enhanced after the labor pains.