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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

At the regional level, improvements across Europe and in Asia continue to close some of the gap.” The April report was headlined with India’s manufacturers increasing input inventories to near record pace to prepare for increased output. Brazil, China, India, and the United States indices remained at expansionary levels.

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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. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

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Top 6 Wholesale Distribution Trends for 2019

EMERGE App

Likewise, canny manufacturers in China will move a greater proportion of their production to other countries in Asia. Only South Korea, Indonesia, and Myanmar may see a muted effect in switching away from Chinese exports. For example, leather goods, woodcrafts and furniture from Myanmar and Indonesia.

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Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

In ASEAN, Vietnam, Thailand, Indonesia, Myanmar and Singapore are reportedly experiencing strong inbound FDIs and capital investments in new production and logistics facilities. Many are now actively pursuing opportunities to diversify sourcing and reduce the China risk factor. FTAs and Trade Flows.