Proposed Strategy of DiversificationThere is a real external threat of China invading Taiwan or doing something similar that will provoke sanctions from the US/EU or worse. How would this affect our production and capability to supply BazookaGoals?
Potential new factory countries shortlist:
India: We already have a major producer of football goals and gear interested. Potential with same prices and credit.
Poland: We already have the tools ready, but price is higher than Asia and no credit.
Greece: Factory control is a benefit, but we need to investigate pricing and tool costs (plus credit terms).
(Vietnam): I do not know enough about this country and its capabilities for especially plastic part production.
Potential Risks- ProStar stops funding our production without their exclusivity agreement. We need to check the current agreement to make sure we can get out of it.
- Quality issues with new factory production. Historically, we have had such issues with every single factory in the start up phase. Some worse than others.
- Logistics complications. If production in Poland, we need to produce the nets in India.
- More?
Potential Rewards- We could use this to negotiate down our production prices both in China and with new factory. Also seen in connection with the strong USD.
- More?