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Latest Forecast For Global Trade Not Optimistic

Supply Chain Matters

Global trade is reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 Further indicated was that: “ Geopolitical trends and including declining interdependencies between China and the United States are having a growing impact on global trade.” exports to China are reportedly down by 2 percent.

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What does increasing regulatory oversight mean for the pharma supply chain?

The Network Effect

Due to more complex supply chains, policy makers worldwide are enforcing stricter regulations for manufacturing and logistics. Within a decade, the number of FDA warning letters sent to medical device manufacturers has increased threefold, from 61 letters in 2002 to 181 in 2012 (EC A 2012).

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Selecting a Supply Chain Technology Provider is Harder than it Seems

The Logistics & Supply Chain Management Society

The logistics industry globally is more competitive, volatile, uncertain and interconnected than ever. Collaborating with the right supply chain technology provider gives stakeholders a crystal-clear picture of the logistics ecosystem. Selecting a Supply Chain Technology Provider is Harder than it Seems. Data security is crucial.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part One

Supply Chain Matters

The three largest global economies ( Europe , United States , China ) expected to stall. Downside risks that include monetary policy miscalculations, an uncertain outcome to the ongoing Russia-Ukraine conflict and further supply network disruptions as a result of more far-reaching spread of Covid variant infection rates across China.

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Supply Chain Disruption. A Deeper Look Into Context, Causes, and Trends  

Elementum

Staffing losses, supply constraints, and continuing pandemic disruptions (especially in major ports throughout China) have made the demanding business of moving goods tougher than ever. 1) Build in China; . Although still a net exporter, China evolved to become a major importer of goods as well.

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7 Manufacturing job losses were reportedly registered for the fourth consecutive month in December, with cuts noted in China , the Euro area , the U.S. This level represents a contraction of $1.5 and the United Kingdom.

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Post-pandemic Supply Chains

Enterra Insights

… The initial China experience with the virus provided some important lessons in supply-chain management — challenging truths and highlighting issues with the just-in-time systems that have come to be the norm. .”[5] Step 5 : Book logistics capacity as soon as possible. Now, the country contributes almost 20% to world GDP.”