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Industry Transformation: Advanced Manufacturing and Digitalisation of Supply Chain-Logistics

The Logistics & Supply Chain Management Society

Government’s effective Business Continuity support and pandemic-related crisis management , effective socio-economic policy measures ,and Job Support schemes ,underpinned by multiple Crisis Budgets, helped to stabilise the crisis situation. Supply Chain Resilience became an instant Buzz word amongst Policy makers and Industry.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The report authors noted the first drop in manufacturing output since June 2020. Commenting on the July report, Chris Williamson, Chief Business Economist at S&P Global indicated in-part: “ With the exception of pandemic lockdown periods, July saw US manufacturers report the toughest business conditions since 2009. slipping 2.3

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How the Semiconductor Shortage Could Have Been Averted

QAD

The origin of this most recent semiconductor shortage began in early 2020 as automotive assembly plants and the supply chain shut down due to COVID-19. Very similar to the crisis in 2008-2009 and much to the surprise of industry analysts, automotive demand came back much quicker than expected. In addition to 6.2.1.7,

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The World Bank Significantly Lowers 2023 Global Growth Forecast

Supply Chain Matters

According to a release provided by this organization , the 2023 estimate would represent the third-weakest pace of global growth in nearly three decades, overshadowed by the 2009 and 2020 economic downturns.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

Global business optimism was reported as being at one of its lowest level since the Covid-19 pandemic began in early 2020. Morgan indicated, in part: “ The November PMI’s point to an intensification of the global manufacturing downturn, as the output index fell to a new low since June 2020. manufacturing performance since June 2020.

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The Potential Impact on Shipping of a Global Recession

Intelligent Audit

In a fairly ominous report sent out this week, Morgan Stanely stated that “Global recession in 2020 is now our base case.”. The base-case sees negative growth for Q1 and Q2 but by Q3 – due to “strong monetary and fiscal policy response” – we will begin to see growth again. What Happens to Shipping.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

From our lens, Taiwan remains the continued shocker, experiencing a third consecutive monthly decline and noted as equivalent to levels seen in May 2020 during the initial Covid-19 outbreak. South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . .