Remove 2024 Remove Consumer Goods Remove Inventory Remove Procurement
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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. percent in 2024. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Factoring PMI reporting for the month of November, the second month of the final quarter of 2023, the various published actual and leading indicator indices indicate some stabilization in consumer goods production but continued contraction in intermediate goods production. Mixed Indications Involving U.S. Stay tuned.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. Overall, global activity reportedly showed signs of increased production output for consumer goods production levels but continued muted growth for intermediate supply network and investment goods production levels.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

Further reported was that contractions in intermediate and investment goods more than offset modest increases in consumer goods manufacturing levels. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. Continued Contraction Levels for the U.S.

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Seasonal Inventory and 7 Ways to Manage It Effectively

ToolsGroup

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Morgan Global Manufacturing PMI® began 2024 with output levels rising for the first time in eight months. The January 2024 reading of 50.0 increased 1.1 percentage points from the 48.9