Remove Greece Remove Inventory Remove Procurement
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Eurozone Economy Now in Technical Recession

Supply Chain Matters

Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. Inventory will be a key concern as CFO ’s continue to monitor working capital efficiencies, erosion of margins or expected declines in economic growth. pharmaceutical companies cutting back on production.

Ireland 52
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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. The inventories index decreased 2.1 The reported August value was 43.5,

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Global Manufacturing Levels Continue Contracting in July 2024

Supply Chain Matters

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Business confidence reportedly weakened for the fourth month running along with further declines in purchasing activities and inventories. as contributing to a slowdown.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March.

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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Various industry supply chain and procurement management teams are obviously going to have to differentiate as to two different narratives presented in these separate reports. That stated, inventory pressures coupled with higher demand have reportedly led to lengthening lead times for the country’s manufacturers. in June from 45.4

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Italy’s manufacturing sector reportedly intensified while Greece and Ireland logged manufacturing growth in November.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. The decline in output was accompanied by a tick down in new orders as rising inventories have put the brakes on production.”. Global Wide Production Activity.