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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. This posting serves as a side panel to the start of our multi-part unveiling of our individual 2023 predictions for industry and global supply chains.

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Told You So Moment for Akio Toyoda

Supply Chain Matters

In his leadership of Toyota , he had openly questioned the ongoing timelines of the global auto industry’s wholesale transformation toward an all-electric model offerings. We cited a published Reuters report indicating that: “ Ford’s decision to pause work on a $3.5 billion Michigan battery production facility.

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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. As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. Chain Store Age ). AlixPartners).