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October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

While global supply chain wide pressures have eased considerably, the data points to a number of warning signs that would suggest added contraction in the months to come. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. That could signal even more added inventory exposures.

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

Economists and forecasters additionally point to the risk of stagflation for some select economies such as Europe in the coming year, the combination of high rates of cost inflation and economic stagnation. Of added concern, the three largest global economies ( Europe, United States, China ) are expected to stall.

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Lights out: China’s energy woes hamper supply chains

Resilinc

Mike Beckham, CEO of bottle and travel mug manufacturer Simple Modern, told the Wall Street Journal that a major Chinese supplier in Quzhou City had been forced to cut its workweek to four days and trim its electricity usage by a third. The world’s largest exporter since 2009, Chinese producers shipped $2.5 year-on-year in August.

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Labor Strike Targeting the Three U.S. Automakers- Update Two

Supply Chain Matters

In this second Supply Chain Matters reader update, we highlight the ongoing supply chain and manufacturing implications of the labor strike involving the three U.S. Today, China based EV automakers and suppliers have notable cost advantages in materials sourcing, production and labor costs. unionized auto companies. Thus, some U.S.

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Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!

Supply Chain Game Changer

I then went on to work as a ‘shipper’, for a swiss confectionary manufacturer and then a global IT distributor. After selling the business in 2009, I went on to work for a leading US Chemical company and then a global 3PL. After selling the business in 2009, I went on to work for a leading US Chemical company and then a global 3PL.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

But, before we dig into the data – let’s start on a positive note: Supply Chain Statistics Show Challenges, but the Industry Remains Resilient. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Source: Consultancy.UK.