Remove 2023 Remove Inventory Remove Transportation Remove Vietnam
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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Supply Chain Matters provides a further installment in our global supply chain assessment in the highlights on reported December 2023, Q3-2023, and full year global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMIĀ® ended 2023 on a noted lackluster footing. at the end of 2023.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate the Supply Chain Matters blog shares select individual prediction snapshots that are included in our annual 2023 predictions for industry and global supply chains research advisory. Background. Higher cost levels will need to be mitigated or reduced.

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Shorter Supply Chains are Upending Globalization Patterns

Enterra Insights

Vietnam and India are two countries that have benefited from such decisions. She explains, “Since thereā€™s not much supply chain managers can do about these circumstances, there is another way to address the uncertainty besides more inventory: Shorten our supply chains.” ” Business Insider, 27 June 2023. [2]

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

This provides benefits like shorter transportation times and improved inventory efficiency. Key countries that businesses are moving to include India, Thailand, and Vietnam. For example, Mattel moved production of Barbie toys from Asia to Mexico. What if sole sourcing is the only option?

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As Inventories and Capacity Expansion Grew Too Quickly in 2022, Customers are Forcing Suppliers to Bear the Brunt of Optimistic Forecasts

NC State SCRC

Moreover, Amazon refused even to discuss the situation in good faith with Gilimex, locking Gilimexā€™s CEO and management team out of Amazonā€™s headquarters in North Reading, Massachusetts after the Gilimex team had traveled thousands of miles from Vietnam for a meeting.” What happened? Mistakes happen.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary reflecting on May 2023 reported global and regional PMI indices. That could signal even more added inventory exposures. Bob Ferrari Ā© Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain MattersĀ® blog. All rights reserved.

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Three Examples of Ongoing Supply Chain Disruptions Impacting Business Operational and Financial Performance

Supply Chain Matters

The industry consensus is that the ongoing chip shortage will extend to 2023. Elevated transportation and logistics costs and longer transit times have impacted profitability, despite ongoing price increases imposed on products. Steep transportation cost increases and shipping delays added to inventory management challenges.