A fact-based decision: can plush toy production move to Vietnam?
Micki Leksaker wanted to know whether Vietnam was a realistic alternative to China for plush toys. Tick Tock Consulting delivered a market overview, qualified manufacturers and compared quotations – giving the client a clear basis to decide, and the decision was to wait.
Micki Leksaker
2016
Vietnam
Manufacturer search and decision support
The challenge
Micki Leksaker, a Swedish toy brand with roots in the 1940s, had manufactured in China for many years. Costs were rising and fewer factories wanted smaller, simpler orders. Management needed facts before deciding whether – and when – to move plush toy production to Vietnam: certifications, price, small and medium order sizes, and export experience to Europe.
Our approach
- Market analysis of plush toy and textile manufacturing in Vietnam.
- Broad manufacturer search, with a Go/No Go decision before the next step.
- In-depth interviews with selected manufacturers based on Micki’s requirements.
- Side-by-side comparison of five manufacturers on certification, capacity, minimum order, export experience and price.
- Quotations collected and negotiated once, then compared with Micki’s target prices.
- Regular check-ins with Micki’s purchasing manager throughout.
Results and deliverables
A decision basis with market facts, manufacturer profiles and a quotation comparison.
A recommended best-fit manufacturer, and the insight that key materials would still need to be imported for now.
The client paused before the factory visits – avoiding the cost of steps that were not needed at that point.
What do you need to move forward?
20 minutes, free of charge. We understand your situation and goals, give concrete guidance on the spot and assess together whether we can help. If there is a fit, the next step can be a Process Review.