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Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives

The Logistics & Supply Chain Management Society

Reshoring to the US and Europe Accelerating, Now Also Serving CO2 Emission Reduction Objectives by Luc Kremers , Vice President – Asia Pacific, BCI Global Reshoring is accelerating as American and European companies want to de-risk their supply chains from geopolitical developments and supply chain disruptions.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. Manufacturing Purchasing Managers Indexes The J.P. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels. Source: J.P.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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This Week in Supply Chain News (February 19 – 23)

Logistics Viewpoints

Particularly affected are routes from Asia to Germany, experiencing a remarkable 55% increase in transit times, resulting in an average delay of 12 days. This is the largest award to date out of $39 billion in direct funding under the CHIPS and Science Act aimed at revitalizing semiconductor manufacturing in the United States.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMI® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMI® had a February value of 47.3,

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

This disruption affects various industries, including suppliers for global retailers and car manufacturers. Major automakers such as Toyota, Hyundai, and Kia are experiencing significant delays due to rerouted vessels, with up to 21 extra days added to trips between Asia and Europe. Similarly, rates from North Asia to the U.S.

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REPOST: Supply Chains in VUCA Environments with Jim Tompkins

The Logistics of Logistics

Tompkins Ventures is headquartered in Raleigh, NC with partners spanning Africa, Asia, Australia, Brazil, Canada, Central America, China, Germany, Indonesia, Israel, Panama, Mexico, United Arab Emirates, United Kingdom, United States. Key Takeaways: Supply Chains in VUCA Environments. VUCA Environments. Jim’s LinkedIn.