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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMIĀ® which began 2022 at an expansion value of 54.2, The report authors indicated that the December PMI reading is the lowest since the first half of 2009, with the implication a significant loss in momentum.

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

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.

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Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

2009: H1N1 Outbreak in Mexico. 2011: Earthquake/Tsunami in Japan. Cross-functional team, part standardization, back-up suppliers, dual-sourcing, supplier collaboration are the basic foundation that is tried and true. So the alternative sources should be in totally different locations or ideally, in the different countries.

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From Model X to Project Titan: A Closer Look at the New Auto Manufacturing

Elementum

We take a look at how new vehicles are changing the manufacturing game. When the Toyota Prius was released in 1997 in Japan, the carā€™s Nickel Metal-Hydride battery revolutionized electric vehicles, allowing it to travel longer distances without recharging. Source: SupplyChain247. Source: TheVerge. Source: PC-Tablet.

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Told You So Moment for Akio Toyoda

Supply Chain Matters

His successor as CEO , Koji Sato, who previously led the auto makerā€™s Lexus luxury vehicle division, subsequently called for an ā€œ EV-first mindset ā€ including the accelerated development of supply chain and manufacturing methods optimized for EV vehicle platforms.

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Supply Chain Scope: New Study Shows Rise in US Inventories; California Estimated to Improve Freight Efficiency by 25% in 2030

Arkieva

the “inventory to sales” ratio (inventory levels divided by a month’s worth of sales) spiked in late 2008/early 2009 as the recession caught companies with way more inventory than needed versus suddenly shrinking demand. Source: Commerce Dept. Source: SupplyChainDigest. Source: Supply Chain Shaman.

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My Vision for Supply Chain 2020? Deep Integration!

Arkieva

We have outsourced big chunks of manufacturing but are stuck with inflexible supply contracts. We are exposed to tier-2 risks but are unaware and only discover it after the Japan earthquakes or the Thailand floods. Sourcing in low cost countries could lower cost but increases inventories and inventory risk (write-offs).