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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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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

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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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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

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Could Looming Supply Chain Risks Sink Your Company?

Material Handling & Logistics

Instead of trying to cut costs silo by silo, these companies take an integrated view of operations (product design, procurement, manufacturing, supply chain management). The prize is huge for manufacturers that get it right. Procurement: Buy Better, Spend Better. Product Design: Put Customers First.

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8 Reasons Why Your Businessā€™ Success Depends Upon Your Supply Chain

Logistics Bureau

Expedite deliveries, but not returns (because it is cheaper to ship slowly and customers are not looking for expedited return shipping). The same applies to certain products in your range , some of which will inevitably incur more costs than others in the process of manufacturing or buying, storage, and delivery to customers.

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Podcast: Rob Oā€™Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Manufacturing sites have been rationalized in terms of, ā€œwe donā€™t need five factories in this country, we only need three, then two, then we donā€™t need them at all, weā€™ll move them to Chinaā€. Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course.