article thumbnail

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

article thumbnail

Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Track functional influence using an annual business alignment survey. Procurement Teams Step-up.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How the Semiconductor Shortage Could Have Been Averted

QAD

The good news is, according to an April 2021 survey conducted by Automotive News Research & Data Center , 42% of automakers and parts suppliers say they will change the way they manage supply chain risk due to the current global shortage of microchips. The following is the content contained in the six chapters of MMOG/LE (see Figure 1).

article thumbnail

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.

article thumbnail

Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

A specific statement that caught our attention indicated: “ Supply chains continued to recover from the immense pressure experienced through much of the past three-and-one-half years, as average vendor lead times shortened to the greatest extent since May 2009.” A Bloomberg survey of economists were anticipating a consensus value of 47.5,

article thumbnail

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. . .

article thumbnail

Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. According to a McKinsey survey, we spend on average 37 percent of our time making decisions , and more than half of this time is thought to be spent ineffectively.