Maple Leaf Packs is a Canadian company that designs and sells backpacks, suitcases, and other bags. Maple Leaf Packs sel

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Maple Leaf Packs Is A Canadian Company That Designs And Sells Backpacks Suitcases And Other Bags Maple Leaf Packs Sel 1 (170.33 KiB) Viewed 13 times

Maple Leaf Packs is a Canadian company that designs and sells backpacks, suitcases, and other bags. Maple Leaf Packs selected a new contract manufacturer for its bags in 2018 after joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). The current manufacturer is a sewing factory in the Duc Hoa District, Long An, Vietnam. Both Vietnam and Canada are signatories of the CPTPP, reducing import duties on products made in Vietnam. The bags are then shipped to the Port of Vancouver on Canada's west coast where they have a nearby distribution center. The Mountie (SKU # R2U4) is a new backpack model being introduced for next year's summer season. It is Maple Leaf Packs' first large product launch since moving production to Vietnam. The bag is designed to carry gear and supplies for one or two nights of camping ("backpacking"). It is made of durable, water-resistant fabric with a plastic, internal support structure to help evenly distribute the load. The new Mountie backpack is a critical part of Maple Leaf Packs' product strategy next year. Before committing to a large production order, the company's CEO, Barbara Hernandez, has asked you to check the costs associated with sourcing products from their supplier in Vietnam. The key information you will need for this analysis includes: ● Currencies: • Vietnam's currency is the Vietnamese Dong (VND). Canada's currency is the Canadian Dollar. • At current exchange rates, 1 Canadian Dollar is equal to 17,978 VND. • The Ex-Works price of the Mountie backpack (SKU # R2U4) is 152616 VND per unit.