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Not up to Promethean Standards: Greeceā€™s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

Goods like olive oil and Greek wine are being held up by suppliers, who would rather keep their inventory and wait until they can be paid in cash. Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. A Sisyphean Task.

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Global Manufacturing Levels Continue Contracting in July 2024

Supply Chain Matters

Suppliersā€™ delivery times reportedly lengthened for the second consecutive month mainly as a result of ongoing global shipping disruptions. 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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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Of particular note was commentary relative to supplier delivery times in June: ā€œ Suppliersā€™ delivery times lengthened for the first time in five months amid issues with shipping, port congestion and staff shortages at vendors. Greece experienced the highest PMI growth in the Euro sector followed by Spain and the Netherlands.

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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. Italyā€™s manufacturing sector reportedly intensified while Greece and Ireland logged manufacturing growth in November. in November from 50.6

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This Week in Logistics News (August 7 ā€“ 13)

Logistics Viewpoints

degrees Fahrenheit, in Greece on July 10, 1977. China-US container shipping rates sail past $20,000 to record. The second program, called ā€œFBA Liquidationsā€ will allow sellers to use Amazonā€™s ā€œwholesale resale channel and technologyā€ to recover a portion of their inventory cost from returned items and excess stock.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

Vendor Managed Inventory processes–once hailed as the panacea of demand sensing–largely operate in isolation within sales organizations (of the thirty-three organizations that we interviewed last year, no market leader has connected these demand signals). ” They questioned, “ How long will this recession last?

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This Week in Logistics News (November 4 ā€“ 10)

Logistics Viewpoints

Warehouse break-ins, accounting scams, and oil tampering are on the rise in the olive growing regions of Greece, Spain, and Italy. Spanish police have said they recently retrieved 91 tons of stolen olives, and in February, six people were arrested in southern Greece for the theft of eight tons of olive oil. billion as U.S.