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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing.

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes. We pointed out that in 2022, more U.S.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Many companies buy forward inventory ahead of tariffs being implemented. LogiSYM Supply Chain Magazine – August 2022. This practice is illegal. Operational strategies.

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Best Ecommerce Platforms in Malaysia in 2022

Vinculum

These days e-commerce industry in Malaysia is flourishing significantly, and it has increased by 30% over the year with a track of RM254.6 Online advertisements and promotions are easy on social media platforms like Facebook, Instagram, and other relatable sources. million websites to look into online purchasing patterns vividly.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.” declined 0.7

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The reality of this index is that global wide demand levels for products remain below those of 2022 as economically strained consumer remain very watchful of spending levels. The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. and the United Kingdom. percent increase in holiday spending.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. Export business reportedly decreased for the second straight month and at the fastest rate since March 2022.