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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . . Barring the initial pandemic lockdown months, this is the steepest downturn in US manufacturing seen since the global financial crisis in 2009.”. South Korea. United States.

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

ToolsGroup

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. 75% of procurement managers and Managing Directors from the EU and UK believe passing on increased raw material costs to customers is appropriate. Deloitte Global). AlixPartners).

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Burlington Coat Factory @Burlington In 2009, Burlington Coat Factory (in partnership with Fortna) transformed its supply chain with new systems and operational processes, optimizing efficiencies and boosting customer service at the company’s Burlington, New Jersey location as part of its 5-year supply chain strategy.