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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. Prediction Implications.

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group through its affiliate, Supply Chain Matters blog unveils part two of a summarized overview of our annual prediction themes for industry and global supply chains for the year 2023 and beyond. Economic and Business Challenges Expected in 2023. Overall Themes for the Year 2023.

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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. Reduced transportation costs are among the most important of those benefits. ” Business Insider, 27 June 2023. [2] 3] Staff, “ Nearshoring Not a Passing Fad ,” Material Handling & Logistics, 12 July 2023. [4] 5] Robert J.

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This Week in Logistics News (April15 ā€“ 20)

Logistics Viewpoints

And now for this week’s logistics news: Walmart Adds Truck Powered by Compressed Natural Gas to its Transportation Fleet CMA CGM offers $5.5 The vehicle will make its inaugural trip from Indiana to California, where it will be featured at the Advanced Clean Transportation Expo. CMA CGM is offering 5 billion euros ($5.48

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Background As the month of August comes to a close, we wanted to revisit one of our 2023 Predictions for Industry and Global Supply Chains published at the beginning of this year. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.

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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?