The launch of new Pandora crafting facilities in South-East Asia over the next three years is set to help the company massively reduce lead times in jewellery supply.
A new Pandora factory in Lamphun, Thailand starts commercial production in early 2017, while construction of an additional site in Gemopolis named Triple A is already underway.
Pandora has already cut lead time from 3-8 weeks to 3-6 weeks, but it remains confident of reducing it even further. Its ultimate aim is to reduce the lead time to around 4 weeks on average by 2019.
The Lamphun facility officially opened its doors last month and it is now being ramped up ahead of commercial production early next year. The Triple A site, meanwhile, is part of an earlier announced strategy to expand production capacity in Thailand.
As a result of its investment in the country, Pandora has been given an eight-year tax break on the facilities. Both agreements will be initiated from the first sale.
