Foxconn, a Case Study of a Supplier Finding New Strategies to Remain Profitable

Foxconn, a $100-billion dollar company with 100,000+ workers who manufactures parts for other companies, most notably Apple and HP.  Foxconn, as a supplier, is looking for new ways to reduce its pricing so it remains an attractive supplier to its customers as well as continuing to grow, while faced with increased pressure to improve worker health and safety conditions.  Some strategies under consideration or in implementation by Foxconn are: automation, acquiring other key suppliers to their customers, and expanding their company into areas that allow them to “climb the value chain to find new, more profitable streams of revenue”.  Foxconn maybe a “bellwether” case study of things to come in the supply chain world. Read more here.

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Convergence

convergence is an environmental, health, safety and social management consultancy that specializes in multi-country (international) projects and programs.  We are able to meet our clients’ needs on a global scale while recognizing the important regional differences that our clients face in conducting business. Our country health and safety legal compliance tools for offices, retail and service sectors, known as CORE, are the foremost resource of its kind.