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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Supply Chain Matters provides readers a further installment in our global supply chain assessment series in providing highlights on reported March 2024, and Q1-2024 global and regional production and supply chain PMI indices. This index closed Q1-2024 at 1.8 Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing.

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This Week in Supply Chain Tech ā€“ January 11, 2023

Supply Chain Matters

Supply Chain Matters This Week in Supply Chain Tech kicks off our 2024 series with two acquisition announcements related to multiple supply chain providers. Ā© Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain MattersĀ® blog. No financial details were shared regarding this acquisition.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

On the other hand, the latest report points to consumer goods production rising at the quickest pace in five months. In October Supply Chain Matters highlighted the IMFā€™s latest October forecast of global wide growth that was themed with key risks growing and that rather than sprinting, the global economy will limp along in 2024.

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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. Stay tuned. All rights reserved.

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The Evolution of the Food & Beverage Value Chain: Driven By Consumers

QAD

Updated: February 15, 2024 Published: March 25, 2021 If I think back to my childhood days and recall the shopping experience for food & beverage products, my first thoughts are about local grocery stores and smaller neighborhood specialty shops. The consumer has driven the market and for the most part always will.

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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. As the final quarter approaches, businesses and their associated supply chain management teams will likely have a relook for expected 2024 product demand and supply needs.