article thumbnail

July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. There are signs of new orders softening- cited in 16 percent of general comments, compared to 17 percent in June- as panelists are increasingly concerned about excessive inventories and record high lead times.”. .

article thumbnail

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

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March.

Insiders

Sign Up for our Newsletter

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

article thumbnail

November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. The decline in output was accompanied by a tick down in new orders as rising inventories have put the brakes on production.”. The reported PMI of Spain reached a two-month high of 45.7.

article thumbnail

This Week in Logistics News (April 22 – 28)

Logistics Viewpoints

Unseasonably cold weather in Spain slowed down the growing of peppers, leading to Morrisons limiting purchases to two per customer. British supermarkets source peppers exclusively from Spain during the winter months. The company plans to do so, in part, by electrifying 35 percent of its U.S.

article thumbnail

August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Barring the initial pandemic lockdown months, this is the steepest downturn in US manufacturing seen since the global financial crisis in 2009.”. Of continued concern, manufacturing powerhouses of Germany, Spain and Italy each remain at contraction level PMI values. the same value as that of July.

article thumbnail

October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

Morgan indicated, in part: “ With business optimism and the orders-to-inventory ratio also both dipping to their lowest levels in two-and-a-half years, the outlook for production remains downbeat.”. At the country level, Spain, Germany and Italy reported 29-month lows in PMI activity.

article thumbnail

Top 13 Asian eCommerce Marketplaces

Vinculum

Operating in over 200 countries with more than 100 million products in its inventory, the Jack Ma-founded giants help wholesalers in China connect with 200-odd businesses around the world. Lazada’s product inventory ranges from consumer electronics and household goods to fashion and beauty products. Accounting for 32.6