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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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June 21, 2023 Update

Freightos

Blog " * " indicates required fields Email * More Resources Home June 21, 2023 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data ā€“ and anything else impacting the market.

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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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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Supply Chain Matters provides a further global supply chain assessment in the highlights and added insights on reported November 2023 global and regional production and supply chain PMI indices. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

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The VF Corporation Invested in Supply Chain Agility Before COVID Made ā€œAgilityā€ the New Buzzword

Logistics Viewpoints

In Asia, Vietnam and Bangladesh are more important sourcing locations. There will be one view of inventory across the entire distributed network.ā€. This highly automated DC will go live in the second quarter of 2023. Because there is now one global view to inventory, the right warehouse can be leveraged to support order flows.