article thumbnail

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.

article thumbnail

Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. While we have seen more companies promoting ethical sourcing, does the consumer really care? Ethical Sourcing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.

article thumbnail

How Southeast Asian manufacturers can use ERP to realign the supply chain

SYSPRO Smarter ERP

For decades, ASEAN manufacturing, once seen as a global phenomenon, had been overshadowed by the meteoric rise of Chinese factories. percent of global manufacturing output and was regarded as the worldā€™s manufacturing superpower. Building manufacturing opportunities from the ground up. In 2019, China accounted for 28.7

article thumbnail

Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. ā€œBy By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.ā€.

article thumbnail

What are the Best Inventory Management Softwares in Malaysia?

Vinculum

Business applications can track, manage, and organize product sales, material purchases, and other production processes to make up inventory management software. AccelGrid is a collection of seamlessly integrated modules covering sales, customer relationship management, inventory, and purchasing.

article thumbnail

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.