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Added Signs of Global Manufacturing Upturn in May

Supply Chain Matters

Other Asian Nations The S&P Global ASEAN Manufacturing PMI ® is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines, Singapore, Thailand , and Vietnam. At the same time, global wide ocean container shipping costs have increased significantly. compared to an April value of 42.5. The May index of 51.7

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia. These nations reportedly account for 98 percent of ASEAN manufacturing value added. by the end of the year.

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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: “ Suppliers’ delivery times lengthened for the first time in five months amid issues with shipping, port congestion and staff shortages at vendors. These trends are somewhat similar to the immediate post-pandemic period when global shipping disruptions cascaded.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. This index is a compilation of seven termed ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Top 6 Wholesale Distribution Trends for 2019

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Shipping costs are also expected to spike upwards. It raised its prowess from running mere factories to one that offered a complete value chain: from research and development to shipping and fulfillment. Business costs will rise for those who are sourcing some or most of their raw materials or goods from China.

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Global Manufacturing Levels Contract Again in August 2024

Supply Chain Matters

Source: JP Morgan and S&P Global Market Intelligence, 2024 Select Regional and Country Highlights India The HSBC India Manufacturing PMI® August report was headlined with India based manufacturers signally substantial but softer increases in new business and production levels. in July to 51.1

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6 Common Supply Chain Mistakes and How to Resolve Them

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The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Supply chains that rely on a single source are now more likely to experience disruptions. Rushing the Launch of New Systems and Protocols.