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Period of high financial risk to suppliers on the horizon

Resilinc

A proverb is recited in developing countries to describe how dependent their economies are on the United States: “When the U.S. ” Procurement and supply chain managers should take that adage seriously for the next year to 18 months, given the prospects of a recession in the United States.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. United States. Indices reflecting manufacturing across the United States reflected lower momentum as well.

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

As reported for prior monthly data, contraction was concentrated in the consumer, intermediate and investment goods sectors. Of increased concern was indications that rates of decline accelerated in China , while output levels in the United States contracted after 29 months of consecutive growth. United States.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. United States. Barring the initial pandemic lockdown months, this is the steepest downturn in US manufacturing seen since the global financial crisis in 2009.”.

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

Supply Chain Matters

Once again, the numbers signal a state of stabilization within global supply chain networks. 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. Continued Contraction for the United States Two indices of U.S.

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

Supply Chain Matters

Of added concern, the three largest global economies ( Europe, United States, China ) are expected to stall. The S&P Global Taiwan Manufacturing PMI® i ndex was reported as its lowest level since 2009 by the end of October 2022 while the S&P global Eurozone Manufacturing PMI® fell to a 29-month low.

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How Freight Disrupted Itself: The View From Within A Changing Industry

Freightos

Prior to that, Phil held a variety of other logistics roles in both Germany and the United States. For forwarders, just as the 2009 financial crisis ended, another crisis began. Supply chain volatility, increased procurement vendors, agile manufacturing and an on-demand economy. Two Trends Are Threats To The Industry.

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