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Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

IDC expects spending on Digital Transformation (DX) on the top 5 use cases – smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration – to hit USD $33Bn in 2022.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

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Baltimore Bridge Collapse- A Reminder of Supply Chain Risk

Supply Chain Matters

The ship was under charter to Maersk Shipping , and is registered in Singapore. There are two other harbor crossings but the prospects for high levels of traffic congestion loom large, especially for just-in-time inventory replenishment movements. Both of these entities will similarly be conducting their own investigations.

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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. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

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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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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 We would add our observation that this is typical given the typical post Lunar New output increases derived from the seasonality of spring and summer inventory order rates.

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CFO challenges in 2024: from economic headwinds to global elections

Taulia

CFO challenges in 2024: from economic headwinds to global elections Among the numerous challenges for CFOs around the world in 2024, there’s no doubt that macroeconomic factors will continue to loom large. In Singapore, meanwhile, 35% of respondents were looking to change suppliers but remain in the same region.