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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. The top three regions exhibiting PMI growth were noted as India, Australia and Thailand. The August 2022 J.P.

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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

Major businesses have had to completely re-consider previous supply chain strategies that were largely centred around lean manufacturing, just-in-time delivery and reducing operating costs. Inventory and Capacity Buffers. Increasing buffer capacity is a straightforward way to enhance resilience. Multi-Sourcing.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

Itā€™s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Why SMEs May Lead a Shift Away from China Sourcing

Logistics Bureau

The Coronavirus pandemic has raised concerns over China sourcing, accelerating the trend in businesses around the world seeking secondary sourcing countries. Heading the list of alternative manufacturing hubs are Vietnam, India, Thailand, and Mexico. Why SMEs May Lead a Shift Away from China Sourcing.

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Now Is the Right Time for Supply Chains To Do the Right Things

The Logistics & Supply Chain Management Society

Without a doubt 2020 will be etched in our memories as the year of multiple disasters, with the Covid-19 pandemic, trade issues between the US and China, wildfires in Australia, social unrest in Hong Kong, drastic declines in oil prices, turbulent financial markets and other politically dominated issues in emerging markets.

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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

I was on the phone with Australia, China, Indonesia ā€“ really everywhere – trying to negotiate directly with suppliers. Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Many of their suppliers were using the same sub-tier manufacturers.

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Driving domestic production of critical materials and rare earth elements

Resilinc

Not only are these minerals necessary for a wide range of products and industrial processes, they are also essential for a transition to low-carbon energy sources (along with rare earth elements). manufacturers decided to source REEs from foreign countries. On March 31, President Biden ordered the U.S. Warning that the U.S.