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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

The overall theme depicted in the December 2022 reporting was an intensification of a global manufacturing downturn, with continuing output reductions across the Eurozone , Japan , China and the United States. Sources; S&P Global and ISM, 2022. Reports spanning the major developed economies were somewhat contrasting.

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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 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). The financial crisis of 2008-2009 has given a major push to do more with less.

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Supply Chain Management:The Upcoming 2011 Holiday Buying.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. Sourcing,Procurement,Contract & Spend Management (38). December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009. February 2009.

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

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. 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.

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[INFOGRAPHIC, REPORT, & INTERACTIVE MAP] The US Manufacturing Workforce & Making it In America

GlobalTranz

Manufacturing provides a significant source of demand for goods and services in other sectors of the economy, and these sales to other industries are not captured in measures of manufacturing sector GDP but are counted in the broader measure of its gross output. Manufacturing industries generated $2.1 trillion in GDP (12.5

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Good-bye siloed, functional planner. Hello storm chasing network planner.

Kinaxis

2011 – Japan earthquake / tsunami and Fukushima disaster. According to the New England Journal of Medicine, there were three times as many natural disasters between 2000 and 2009 compared to 1980 to 1989. They may be too busy looking at constraint challenges or alternate sources of supply. See 2014 side note). I’ll stop there.