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Added Signs of Global Manufacturing Upturn in May

Supply Chain Matters

The May slowdown was attributed to a severe heat wave resulting in reduced working hours. Other Asian Nations The S&P Global ASEAN Manufacturing PMI ® is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines, Singapore, Thailand , and Vietnam. Although the May reading of 57.5 The May index of 51.7

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

As stated, the March report pointed to further increases in both input costs and selling prices by the end of the first quarter. 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.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Manufacturing job losses were reportedly registered for the fourth consecutive month in December, with cuts noted in China , the Euro area , the U.S. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. and the United Kingdom. by the end of the year.

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

The overall theme depicted in the December 2022 reporting was an intensification of a global manufacturing downturn, with continuing output reductions across the Eurozone , Japan , China and the United States. Morgan Manufacturing PMI® which began 2022 at an expansion value of 54.2, has fallen 5.6 reflecting a 30-month low.

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From soba to udon—Are the noodles in the FTA bowl getting too thick? – LogiSYM December/January 2021

The Logistics & Supply Chain Management Society

If nothing else, the COVID-19 crisis has forced companies to look for cost savings with significantly increased vigour. For a long time, and predominantly still, most people and businesses tend to think about FTAs as just that: a way to reduce tariffs on good originating in one party upon entry into another.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

We additionally noted trending indicating that many businesses were factoring uncertain product demand and supply network risks, and that was going to make industry supply chain strategies far more challenging in the weeks ahead. This is a significant milestone for ongoing planning and execution strategies. . representing a 0.6

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Leveraging Digital Technologies To Reinvent And Accelerate Supply Chain Automation – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

To optimize operating costs and provide a smooth customer experience, companies are forced to re-examine and re-shape their traditional business models. To improve the end consumer experience and thrive in innovation-driven environment, businesses must have a more proactive approach, targeting digital strategies in their core business plans.