The COVID-19 pandemic has underscored the manufacturing sector’s reliance on global production lines and supply chains. Location decisions will be vital for manufacturers seeking to safeguard production lines while plotting a path to profitability.
Cushman & Wakefield’s 2020 Global Manufacturing Risk Index assesses the most suitable locations for global manufacturing among 48 countries in Europe, the Americas and Asia Pacific.
Within the report, countries have been assessed in four key areas:
- Bouncebackability: Projected ability to restart manufacturing operations as confinement measures are relaxed and business begins to return to normal
- Conditions: Business environment, including the availability of talent and access to markets
- Costs: Operating costs, including labor, electricity and real estate
- Risks: Political, economic and environmental