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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Source: J.P. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels.

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PRO-Fusion or CON-Fusion about Nuclear Energy

Enterra Insights

Other countries have also taken steps to reduce or phase out their nuclear power programs, including Austria, which never used a new, completely built nuclear powerplant; Switzerland, which voted in 2017 to phase out nuclear power; Spain, which plans to phase out nuclear power; and Belgium, which plans to phase out its nuclear powerplants by 2035.

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Elon Musk Ensures that Product Development is Not Siloed

Logistics Viewpoints

I attended the SAP Spend Connect Live conference in Vienna, Austria a couple weeks ago. By contrast, when procurement teams are involved during the design phase, they can bring to light important sustainable sourcing information before it’s too late to make a difference.”

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Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

Since that time, the company’s first model was subsequently outsourced to industry contract manufacturing services provider Magna Steyr utilizing a production facility located in Austria. Shipping new vehicles from Austria to the U.S. market also comes with logistical challenges, hence the stated need for a U.S. based dealer network.

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Introducing QAD Adaptive ERP 2022.1

QAD

Updates in the past few months address new requirements for Austria, Belgium, Bulgaria, Norway, Thailand and other global regions. . With this release, QAD adds the ability to readily capture supplier risk information from trusted sources to better address sustainability goals and risk mitigation objectives.

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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Germany, Austria and Poland were reported as the three lowest PMI activity levels. Besides Germany , Austria and France remained as laggards. The Eurozone region remains a concern with production output reportedly falling for the fifteenth consecutive month. For the Q2-2024 period, the average global PMI reading for the quarter was 50.7,

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies.