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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. Reportedly business optimism has dipped to its lowest levels during the past nine months.

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China Flexes Its Global Logistics Muscle

Material Handling & Logistics

One company that is already using the China-Europe rail service, part of the larger initiative, is high-tech manufacturer HP, which was one of the first companies to start using the Pireaeus port in Greece to access markets in Europe, according to Forbes. based company with operations in China can benefit from OBOR.

China 73
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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. Reuters indicated in its reporting this week that the Eurostat revision of Q1 data was principally due to the revised estimate from Germany’s statistics office indicating two subsequent quarters of GDP contraction.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. Observed was that manufacturing conditions across Greece have improved to the sharpest extent in two years. along with Vietnam, Thailand and Indonesia.

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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. Further, the two prior strongest manufacturing output performers thus far in 2024, Greece and Spain , reportedly lost momentum in July.

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How Learning a New Language Can Benefit Your Career in Supply Chain Management

SCMDOJO

When you talk to fellow SCM specialists in Greece or try to secure a safe logistics chain somewhere in the Middle East, you have to understand the culture. When you can exchange several phrases with foreigners, it often plays a major role as people do not approach you as a total foreigner anymore and see your genuine attitude and respect.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

At the country level, Italy , Greece and France bounced back to 4-month, 2 month, and 3-month highs but remained in production contraction levels. Noted in the November report was that the rates of decline in output and new orders were: “.less less aggressive when compared to the near two-and-one-half year records seen in October.”