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Risks associated with relocating the Chinese factory to South Korea: Production disruption: Shifting the facility may result in brief production halts, which may have an
Risks associated with relocating the Chinese factory to South Korea: Production disruption: Shifting the facility may result in brief production halts, which may have an effect on ongoing orders and postpone delivery. Increased initial costs: Moving entails charges for labour, establishing a new facility, and maybe retraining employees. Cultural and legal differences: Adjusting to a new working environment can be difficult when it comes to labour laws, rules, and cultural differences. Supply chain considerations: It can require time and resources to set up new supply chains and logistical networks in South Korea
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