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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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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. One US-based ToolsGroup manufacturing customer sources parts from several Chinese and Italian suppliers.

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Not Just Another Automotive Industry Transformation

LevaData

By 2009, the automotive sector was drowning in an $80B crisis—all while continuing to suffer from overcapacity and market saturation. One such company that would benefit from this industry impasse was Tesla, which was close to shuttering the operation amid the 2009 auto crisis. Take, for example, the 2008 housing crisis. auto sales.

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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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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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Rivian: Navigating Supply Chain and Operational Challenges and Embracing Growth

SCMDOJO

Introduction Founded in 2009, Rivian Automotive, Inc. is an American electric vehicle manufacturer and automotive technology company which has emerged as a prominent player in the highly competitive automotive industry. These efforts aim to streamline the assembly operation, reduce mistakes, and increase overall production efficiency.

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

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The May report indicated that the global wide PMI has now been below the neutral 50 mark for nine consecutive months, and again an indication of manufacturing recession conditions. in April to 58.7 value in April to 58.2 value in April.