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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. On the slightly positive side, the July report indicated that rates of input cost and output charge inflation have both eased to 17-month lows. reported for June. The report authors noted the first drop in manufacturing output since June 2020.

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Disruption in China Ripples Across Global Supply Chains in April 2022

Supply Chain Matters

The report authors noted that this index, when calculated without the impact of China would have posted a 53.2 The report specifically indicated: ā€œ Average purchase prices rose to one of the greatest extents during the past 11 years, leading to the joint-steepest increase in output charges since the series began in October 2009.ā€. .

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The Potential Impact on Shipping of a Global Recession

Intelligent Audit

In a fairly ominous report sent out this week, Morgan Stanely stated that ā€œGlobal recession in 2020 is now our base case.ā€. Shipping, especially global shipping, is uniquely vulnerable to recessions and the effects of the downturn of 2008-2009 are still being felt today. Projections of Economic Impact of CoronaVirus.

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. The two recognized PMI reports for U.S. Global Wide Production Activity.

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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 ā€“ similar to the chip shortage of 2008-2009. Chain Store Age ). AlixPartners).