Supplier China Operations Survey Results Available
Margaret Baxter, OESA
OESA’s annual 2011-2012 China Operations Survey results revealed that there is still significant confidence in the China market; however, supplier optimism has waned somewhat from previous years’ results. In addition, suppliers indicate that their China automotive sales growth, while still strong, has slowed.
Significant challenges that suppliers face in China have remained constant. Companies indicate that cost increases in raw materials and labor are significant, but that employee turnover has slowed slightly. The most commonly noted challenge remains selling to the OEMs in China and finding qualified suppliers.
An overview of the survey results is available upon request. All survey participants received a copy of the full report. OESA will host a webinar on Jan. 10, 2012, featuring Steve Kueffner, practice leader international consulting, Towers Watson, who will share information on the Towers Watson China Compensation Survey. For more information, contact Margaret Baxter at 248.952.6401 ext. 223 or mbaxter@oesa.org.