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According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supply chain. Three halal retailing business models can be differentiated: 1. Developments.
Supply Chain Matters provides readers with December 2024, Q4-2024 , and year-end global supply chain assessments as reported by various global wide PMI reporting. At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines. for December, down from a 50.0
Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands. The logistics industry is known for its cost sensitivity and customer-oriented approach.
Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported in October.
Supply Chain Matters provides a further global supply chain assessment in the highlighting and added insights on reported October 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. value reported for September.
Halal risk management practices of most companies are passive, meaning it is limited to the compliance of suppliers and their own (manufacturing) operations based on the requirements of the halal certification body and their halal standard(s). An example of an advanced halal ecosystem is Modern Halal Valley in Banten, Indonesia.
Supply Chain Matters provides readers with a further installment in our global supply chain assessment series, specifically in providing highlights on reported July 2024 global wide PMI activity levels. The latest data reinforces indications of a global manufacturing slowdown. The July reading of 49.7 percentage points from the 50.9
Supply Chain Matters provides readers with a further installment in our global supply chain assessment series, specifically in providing highlights on reported August 2024 global wide PMI activity levels. The August data further reinforces indications of a global manufacturing slowdown. This composite index produced by J.P.
Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported June and Q2- 2024 global PMI activity levels. Global Manufacturing Output Global-wide manufacturing levels as depicted by the J.P. average reported for Q1-2024.
Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. This posting serves as a side panel to the start of our multi-part unveiling of our individual 2023 predictions for industry and global supply chains.
A slew of global purchasing managers indexes all point to deep supply constraints as this year's economy looks to be the strongest since 2011. A slew of purchasing managers indexes published on Jan. A slew of purchasing managers indexes published on Jan. 2 from China, Germany, France, Italy and the U.K. China Growth.
Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P.
Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported April 2024 global PMI activity levels. Decline in Global Manufacturing Output Levels Global-wide manufacturing levels as depicted in the J.P. reported for March. a decline of 1.1
Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. declined 0.3
Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. reported for July and 48.8
In conjunction with the summit meeting of G-20 leaders held in Indonesia , the International Monetary Fund (IMF) indicated that the expected 2023 economic outlook appears gloomier that that forecasted just last month. These survey-based measures gauge the momentum of manufacturing and services activity.”.
The Supply Chain Matters blog highlights select June and Q2-2022 global manufacturing and supply chain indices, with the data indicating increased headwinds and challenges in the months to come. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. reported at the end of March, and a 52.3
If larger companies agree to share the cost with their suppliers, then they may find themselves more successful in avoiding forced labor. That transparency could be passed onto consumers, who are increasingly intent on avoiding human rights violations in their purchases. As manufacturers, we can decide just how long the path will be.
In India, the national Production Linked Incentive (PLI) is set to encourage domestic EV manufacturing—and this is just a glimpse of the latest policies worldwide. Nickel in Electric Car Batteries Top Consumers and Producers of Nickel Indonesia is the world’s foremost nickel producer, accounting for 37% of global production.
As far as the natural gas issue goes, manufacturers of natural gas have options to change their process and produce less methane. The United Nations released “A Guide to Traceability” in 2014, a report focused on traceability as an economically viable and sustainable approach to supply chain management.
Developing end-to-end supply chain management software, Gravity optimizes operations, mitigates risk, and controls costs. The quantity of goods carried by containers soared from 102 million metric tons in 1980 to about 1.83 billion metric tons as of 2017. One joint solution.
The International Coffee Organisation’s (ICO) Coffee Market Report of September 2020 showed that global production is down 2.2% After a shock in both demand and supply, coffee prices have been volatile, according to ICO reports, and they dropped steadily from March to June 2020. Sources used in this report. Source: Statista.
Supply chain risk needs to be viewed holistically as it impacts on all areas of business from manufacturing, warehousing, distribution, and sales. Parameters for assessing risk will include purchasing volumes, scarcity, the effect on sales, ownership structures, geography, custom and excise requirements. Monitor the risk.
A report mentioned by IMARC Group with title mainly called Account Reconciliation Software market includes Global Industry shares, opportunity, size, share, trends, and forecast 2022-2027. These reports effectively keep track of the market forecasts to enhance the sales channel magnificently. Manufacturing. Healthcare.
Or, if you’re lucky to deal with tropical islands like Indonesia , Thailand and the Philippines , do remember the concept of island time. One good reason to use a software solution is to manage multiple currencies for your customers, suppliers, sales and financial reports. This is the currency used by your business.
Jennifer Furey and Rebecca Harris, attorneys at Goulston & Storrs, report, “Millennials are expected to inherit approximately $30 trillion in assets over the next 30 to 40 years. In retail, buyers want to understand where the products they are purchasing are coming from and how they were created.” traceability; and.
Supply Chain Matters provides readers with a September and Q3-2024 global supply chain assessment focused on reported global wide PMI activity levels. The reported September data provides added reinforcement of a global manufacturing slowdown occurring at the end of Q3-2024. The reported September value declined to 45.0
Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Overall, global activity reportedly showed signs of increased production output and corresponding activity levels, but the gains were mostly in developing and lower-cost regions. increased 1.1
Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Recently, Thibaud Molin , a partner at the KYU, told reporters at a press conference, “The world has entered a zone of uncertainty.”[1] “China reported only 5.2% It is expected to further decelerate to around 4.5%
It was the first metal to be smelted (about 5,000 BC, according to Wikipedia); the first to be shaped into molds; and the first to be alloyed with another metal—tin—to manufacture a sturdier cousin: bronze. Read our recent Special Report: Copper Supplies. There’s no metal quite like copper.
By bringing procurement and project management under one umbrella, businesses can streamline operations, speed delivery, and drive growth that lasts. This guide explores the benefits of project procurement management and outlines key steps for creating a Project Procurement Management Plan (PPMP) that drives business growth and innovation.
In our continuing series, Supply Chain Matters provides readers with highlights of monthly reported global and regional wide PMI activity levels. The latest data regarding October reinforces that global and regional manufacturing levels remain subdued, similar to this condition during all of the Q3 period. reported for September.
Purchasing and supplier management. Production/manufacturing. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. Later in this article we’ll look at some examples of functional and cross functional KPIs. Inventory management.
In our continuing global assessment series, Supply Chain Matters provides readers with highlights of the November 2024 monthly reported global and regional wide PMI activity levels. At the midpoint of Q4-2024, overall global and regional manufacturing levels reportedly stabilized but there remains notable regional differences.
Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. Labor and human rights is much trickier to monitor through purchasing policies.
Claire Jones ( @senoj_erialc ), a global economy reporter for the Financial Times Alphaville, explains, “The advent of hyper-globalization involved three drivers from the political, technological, and policymaking spheres. In the United States, globalization was widely perceived as the destroyer of manufacturing and jobs.
These predictions mostly seem obvious. I got a pitch from the PR firm representing Everstream Analytics that was different. Everstream Analytics is sitting on a vast trove of risk data. The company applies AI and other analytics to this data to provide supply chain risk analytics and insights to its clients.
Supply Chain Matters provides readers with highlights and commentary on February 2025 production and supply chain activity levels as provided by various global wide and regional PMI index reporting. At the end of 2024, global manufacturing activity levels remained at a state of contraction amid international trade volume declines.
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