Government Regulation
Seek a political environment with transparent policymaking, technical regulations, non-discriminatory standards and legal frameworks that resolve legal disputes and challenge regulations.
Determine the quality and skill level needed in a workforce. The country chosen must have the capacity to train
and develop the talent and the management required to run an efficient supply chain operation.
Infrastructure
The Electricity and IT infrastructure must be able to support logistic operations so that transportation infrastructure can distribute products within the country or region without excessive delays.
Demand
The potential size of the market will depend on consumer needs, the number of consumers in the country, product demand by the market, as well as the level of development within the market.
Criteria to Evaluate Foreign Markets for Cold Chain Activity
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Source: U.S. Department of Commerce | International Trade Administration
Labor