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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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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.

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So Your Supply Chain is Banning Bangladesh….and Going to Cambodia?: “The Ugliest Race to the Bottom”

Supply Chain View from the Field

Companies like Nike and Disney have publicly stated that they are not going to Bangladesh for apparel sourcing in the future. That’s considered high pay when you look at Myanmar, where people are paid as little as 40 cents to $1.10, but that’s only if they have perfect attendence, meaning coming in seven days a week.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. . Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. Select Regional Highlights. United States. down from the 52.7

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Commenting on the November data, Bennett Parrish, Global Economist at J.P. value reported in October.

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Conflict Worsens Global Food Insecurity

Enterra Insights

Considering that the world’s population is increasing by one billion people every 11 to 12 years, losing any source of food is big problem. .”[1] Recently, it seems like the world is filled with violence and conflict. I was recently struck by arguments presented by Arif Husain ( @WFPChiefEcon ), Chief Economist at the U.N.

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Top 6 Wholesale Distribution Trends for 2019

EMERGE App

Business costs will rise for those who are sourcing some or most of their raw materials or goods from China. But it’s already happening as wholesalers, distributors, and importers source alternatives from other countries and place tentative orders. For example, leather goods, woodcrafts and furniture from Myanmar and Indonesia.