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Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. Source: J.P. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. ManufacturingPurchasing Managers Indexes The J.P.
Germany Freezes the Nord Stream 2 Project. Germany responded by halting certification of the Nord Stream 2 gas pipeline. That’s more than 50% of Germany’s annual consumption and could be worth as much as $15 billion to Gazprom, the Russian state-owned company that controls the pipeline. Russia Attacks Ukraine.
Well, according to Czinger, a Los Angeles-based boutique hypercar manufacturer, that is about to be a possibility. And now on to this week’s logistics news. The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement.
Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. And now on to this week’s logistics news. New aircraft purchases are focused around twinjets such as the Boeing 767 and 777.
I, along with fellow consumers in Germany who have enjoyed this gastronomic pleasure before, would have wondered at some point, how is it that this delicacy can also be made available by German retailers – without any loss of quality or taste too. Read also: How the world’s leading F&B manufacturers boost efficiency.
While this is not exactly the best news to hear, it’s time to move on to this week’s logistics news. Walmart said it is now more committed to embedding sustainability into every conversation it has with suppliers, service partners, store and club managers, truck manufacturers and other important parts of its massive supply chain.
In other words, last month’s announcement was a stay of execution, not a reprieve, and it’s only a matter of time before Amazon reveal plans for a comprehensive logistics network. Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. Amazon’s logistics hiring plans.
The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. For more than a year, global supply chains have been buffeted by one major disruption after another. The impact?
Here’s how packaging manufacturing has evolved during the pandemic. The level of complexity in packaging manufacturing has increased rapidly, and in order to manage it, so has the wider use of digital technology. The push for sustainability continues in all manufacturing sectors and the impact on the packaging industry could be huge.
The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.
This technology company is headquartered in Friedrichshafen, Germany. Among other things, ZF manufactures electrified powertrains, car chassis technology, active and passive safety systems, and advanced driver assistance systems. This manufacturer has 188 production locations across the world. The ZF supply chain is complex.
If you want to find out what’s new in automotive logistics, there’s one place to be – the Automobile Logistics Forum. Held in Leipzig again this year, the event was attended by decision-makers from top OEMs, suppliers and logistics service providers. Klinkner stressed the interplay of industrial production, logistics and IT.
In recent years, global manufacturing and supply chain operations have undergone a significant shift. To achieve greater product differentiation and reduce expenses, companies are outsourcing design and development work to contract manufacturers (CMs) and other domain experts. Moreover, U.S.
In respect to logistics and transport something remarkable happened at COP26. Subnational governments like Québec in Canada and Telengana in India as well as manufacturers and fleets like DHL, Heineken and Scania are endorsing the MOU and declared that they will align with the decarbonization effort.
Over the last week, I’ve had the opportunity to speak with a number of individuals about how important it is to change people’s view of the procurement function. Up to now, let’s face it, procurement people haven’t always been the most popular folks around the water cooler. All these interests are competing!
The utility that manages the main grid may be able to buy excess solar generation and may provide attractive power purchase options if the microgrid has a battery that can provide ancillary services, like frequency regulation, peak shaving, voltage control, power factor control, black start, or demand response. and India at 12.5
Circular Economy and Information Sharing – The Role of Logistics Feature Article by Beverly Lege , Research Associate and PhD Candidate at Hamburg University of Technology, Institute of Business Logistics and General Management, Thomas Twenhöven , PhD Candidate at Kuehne Logistics University and Prof.
Editor’s Note: Almost 14 months ago we wrote one of our most popular posts entitled, “ The History of Supply Chain and Logistics Management ” contained a bit of history, definitions, and a great infographic visually going through the history of supply chain and logistics management. What is a Logistics Framework?
Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement at the pivot point. using a total cost of ownership strategy) and identify key risks (and related costs) to avoid.
From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supply chain are sourced from the central province of Hubei.
resigned from their jobs in durable goods manufacturing. The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. In February alone, 22,000 people in the U.S. Food supply chains already heavily damaged by the effects of COVID-19 have received yet another blow from labor shortages.
The ”end” they refer to – whether it’s forwarding, fulfillment, or platforms for B2B or B2C sales – remains fairly ambiguous, spanning an acquisition of fashion logistics company HUUB in September 2021 to an investment in rapid fashion production company Unmade. Image via StarAir.dk). Behind the Maersk shift.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.
Signs of Global Manufacturing Upturn Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® reportedly improved in May with output and new orders in indices on the rise. Rates of manufacturing contraction eased across Europe and in Japan. The May reading of 50.9 The May reading of 50.9
In attendance are manufacturing representatives from BASF, BerryGlobal, Corning, Covestro, Grace, Evonik, Intel, Monsanto, and Smith’s Detection. Technologists and manufacturers working together to try to define multi-tier processes to redefine B2B. Stuck, only 10% of manufacturers are driving improvement. (90%
Are you sourcing from different countries and facing logistical complexities? Read on to find out what the main challenges faced by seed manufacturers are and how they can overcome them to boost efficiency in areas they have control over. Is your agriculture business dependent on what nature is giving you? Pressure to deliver.
The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).
They included 300 executives in 11 industries in Canada, China, Germany, and the United States. The key technology enabler was an IoT-based supply chain planning system that used POS data, telemetry and rapid re-planning to enable an entirely new approach to logistics and replenishment.
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. That spells big trouble ahead for food producers and agricultural enterprises reliant on such commodities.
May their memory continue to be a source of strength and comfort to their families and friends and us all. Moving on to this week’s supply chain and logistics news… Amazon ‘in talks over Hahn Airport base’ ( Lloyd’s Loading List ). Robots set to aid postal workers with deliveries in Germany ( Reuters ).
The August data further reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. This composite index produced by J.P.
Global Manufacturing Output Global-wide manufacturing levels as depicted by the J.P. Morgan Global Manufacturing PMI® reportedly slightly declined in June with output and new orders indices on the rise. In the latter category, subdued market conditions were cited as an underlying factor in manufacturers’ business optimism.
The latest data reinforces indications of a global manufacturing slowdown. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. Global Manufacturing Output Global-wide manufacturing levels as reported by the J.P. The bottom three consisted of Austria, Germany and Czechia.
This is not just my personal observation but the consensus of leading financial experts around the world who are regularly briefed by manufacturers, logistics providers and retailers. You can read more about it in the FT , CNBC , and many other sources or listen to Goldman Sachs’ podcast. Image source: New York Times.
All this talk about Cuba, however, sparked a question for me this week: Where does Cuba rank in logistics? The answer, according to the World Bank’s Logistics Performance Index (LPI) , is near the bottom of the list. Source: Adelante SCM based on World Bank LPI data. Source: World Bank. Stay tuned.
The goal, from a manufacturing perspective, is clear: learn how to do more with less as efficiently as possible while maintaining profitability and complying with due diligence legislation. In a recent BearingPoint survey, a whopping 85% of companies attribute their move to sustainable procurement practices to government regulations.
Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5, The August 2022 J.P.
Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digital Transformations in the Manufacturing and Retail Industries.
According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 trillion on logistics and transportation services in the United States in 2018, an increase of 11.4% Overall, logistics spending in 2018 reached 8% of U.S.
I got started just as the dotcom craze was taking off, with new logistics startups coming to market every day (all of them announcing they were “The world’s leading provider of X” even though they were just a few months old). Source: Google. Descartes Systems Group Revenue 2006-2018 (Source: macrotrends).
Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Forbes explained how Mexico is currently undergoing manufacturing growth that makes the country an ideal candidate for production. auto manufacturing giant that wants to get into the hybrid game.
Offshoring offers manufacturers many supply and labor benefits, but it can also present supply chain logistics management obstacles. Forbes explained how Mexico is currently undergoing manufacturing growth that makes the country an ideal candidate for production. auto manufacturing giant that wants to get into the hybrid game.
Manufacturers and shipping companies assumed that because of layoffs, demand would drop. It’s been a whirlwind, as manufacturers have been left scratching their heads about what’s going to happen next. The EU is working on a due diligence law, and Germany has already passed one. As you know, demand for some items surged.
Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.
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