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Global Supply Chain Volatility Continues to Moderate But Not Inventory and Warehousing Costs

Supply Chain Matters

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. In a prior Supply Chain Matters posting, we highlighted both September and Q3-2022 global and regional PMI indices.

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June 2023 US Logistics Managers Index Drops to a Revised Low

Supply Chain Matters

According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation.

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U.S. Logistics Manager’s Index Drops to an All Time Low in May

Supply Chain Matters

not only described as a “ significant rate of contraction ,” but also the first time that this particular metric has reached such a low level. Further, the report indicates that many consumer goods firms reportedly achieved the inventory wind down they strove for throughout 2022. percentage points to an all-time low value of 27.9,

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Reports of Easing Global Supply Chain Volatility in July

Supply Chain Matters

Supply Chain Matters highlights two additional indices of global and US supply chain volatility relative to July 2022 global supply chain activity levels. In a prior published Supply Chain Matters commentary, we provided highlights of the various July 2022 PMI indices across select global supply chain regions. Bob Ferrari.

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Two Indices of Supply Chain Activity Noting Supply Chain Volatility Trending

Supply Chain Matters

In an update published in early April, we highlighted for readers both March and Q1-2022 various published global production and supply chain indices. Also reported was less change in Inventory and Warehousing metrics as costs continue to grow and capacity remains tight. warehouses. . s major retailers.