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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. On a regional basis, Europe reportedly remained a principal drag on global factory output, along with contracting output in Japan and the United Kingdom.

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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

The main countries affected by the drought are China, Japan, South Korea, and the US, as the Panama Canal facilitates 46% of container movement from northeastern Asia to the US. The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes.

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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. The February 2024 reading of 50.3 Output reportedly rose in China, India, Brazil and the United States , while declines continued in the Eurozone , Japan and the United Kingdom. and has increased 1.4

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Told You So Moment for Akio Toyoda

Supply Chain Matters

Industry media indicates that unsold inventories of EV vehicles remain on dealer lots as consumers are balking on the sticker price and the mileage ranges of offered vehicles. Specifically noted in his remarks was a statement: “ There are many ways to climb the mountain that is achieving carbon neutrality.”

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. The regions reported as having the most declines in production volumes were noted as Brazil, Canada, Japan , and the United Kingdom. The reported September PMI reported value 49.1 reflecting a 0.4

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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. What are the biggest supply chain trends we will see in 2024, and how can managers prepare for those trends? Which megatrend is top of mind for you going into 2024?

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IIoT In Manufacturing Update

IQMS

Global spending on IIoT Platforms for Manufacturing is predicted to grow from $1.67B in 2018 to $12.44B in 2024, attaining a 40% compound annual growth rate (CAGR) in seven years. These and many other fascinating insights are from IoT Analytics’ study, IIoT Platforms For Manufacturing 2019 – 2024 (155 pp., PDF, client access reqd).