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

Elementum

source: It Makes Sense Blog. 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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Enhancing Logistical Efficiency: Strategies for Improvement

SCMDOJO

Logistical Efficiency in Sourcing, Distribution, and Delivery Local Sourcing: While offering potential environmental benefits, local sourcing introduces complexities like smaller vehicle sizes and less-than-full loads. Balancing consumer preferences for locally sourced products with logistical efficiency is crucial.

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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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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The inventories index decreased 2.1 The reported August value was 43.5, reflecting a 0.8

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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 ā€™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 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. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMIĀ® fell again in March to a value of 47.3 compared to the February value of 48.5,

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

That could signal even more added inventory exposures. Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. and noted as the lowest value in three years.