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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

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Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyondā€¦.

The Logistics & Supply Chain Management Society

IDC expects spending on Digital Transformation (DX) on the top 5 use cases ā€“ smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration ā€“ to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2

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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. Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P.

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Inventory planning to reduce Chinese New Year disruption

EazyStock

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. In 2024, this will be from February 9-15. Manufacturers will stop production for at least two weeks to allow their workers to go home to their families in other parts of the country and then travel back again.

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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. Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. increased 1.1