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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Restructuring Global Value Chains & Tariff Reduction ā€“ A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

are reporting that they are being inundated with requests from importers seeking to use provisions such as the ā€œ321 de minimisā€ rule, which allows goods worth less than $800 to be shipped to the U.S. Alternatively, you may want to relocate ā€“ totally or in part ā€“ where your product is manufactured. without being subject to tariffs.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

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Doing Business in Malaysia

QAD

The fledgling country was troubled by an insurgency, confrontations with Indonesia, the Philippineā€™s claim on Sabah and then Singaporeā€™s withdrawal in 1965. Despite the years of political turmoil, the country was able to diversify its economy to include robust manufacturing, services and a thriving tourism industry. of the GDP.

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Doing Business in Singapore

QAD

Located in southeastern Asia between Malaysia and Indonesia, Singapore is made up of a series of islands. Manufacturing in Singapore. Singapore has attracted major investments in advanced manufacturing, pharmaceuticals, medical technology and pharmaceutical production. Supply Chain Infrastructure for Manufacturing.

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Emerging Supply Chain Trends ā€“ A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends

The Logistics & Supply Chain Management Society

Major Trends: Volatile Production, Capacity Crisis & The Need for EV Automotive manufacturing is experiencing a huge global transformation compared to the past. 2022 was characterized by scarce transportation capacity and exceptionally high shipping container rates in first half of the year.

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IMF Points to a Gloomier 2023 Economic Outlook

Supply Chain Matters

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.ā€.