Pros and cons of future toy industry transfer

　　Industrial transfer is a hot topic in the industry in recent years.Delin International has factories in China and Vietnam, and has a deep understanding of toy production in both places.

　　Delin International's main products are plush toys, which are relatively dependent on labor.The main reason for setting up a factory in Vietnam is that its labor costs are lower than in China.However, there are also many problems in terms of labor, one of which is the large labor mobility.In recent years, Vietnam is vigorously developing its manufacturing industry and has introduced many factories, which has given workers more choices.When other factories have better treatment, workers will leave.This will have a certain impact on the production of the factory.The second is that the minimum wage for workers is constantly rising, and the production cost of factories is also constantly increasing.The third is that it is not easy to balance the number of workers between the peak production season and the off-season.

　　In addition, toy production does not just depend on labor, but also technology.Vietnam can meet production needs in some technical aspects, but some cannot.The lack of technology also needs to rely on China.

　　To solve these problems, Delin International's strategy is to find areas with competitive labor costs and advantageous areas with dense populations to set up new factories.There are currently plans to open factories in Cambodia, Indonesia, India and Myanmar.

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