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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3 Manufacturing output volumes reportedly stabilized, after an eight month run of contraction.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMI® fell again in March to a value of 47.3 compared to the February value of 48.5,

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RS Group completes acquisition of Distrelec

Synovos

Distrelec serves approximately 180,000 customers across 19 countries, significantly expanding RS’s presence in continental Europe, especially in Germany, Switzerland and Sweden. 40% in DACH (Germany, Austria and Switzerland), c. 80% in Scandinavia, and adds scale in Italy, Benelux and Eastern Europe.

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Is Logistics Outsourcing Right for Your Company?

Supply Chain Movement

From local truck transportation to global supply chain management systems, from produce sourcing to consulting based on practical experience to outsourcing, C.H. Integrated technology gathers data from all parts of the supply chain and provides full visibility to orders and costs. Choose country. Afghanistan. Ã…land Islands. American Samoa.

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

Fortunately, Intelligent Audit will empower shippers to validate all these new charges providing corrections based on your contractual terms, make sense of all the data, consider all the surcharges, and help shippers realistically manage their global shipping costs with a single source of truth. 3 All LAC except Mexico and Puerto Rico.

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Complex costs of transportation

Supply Chain Movement

By consolidating at the source, several shipments can be combined into one, thereby reducing the number of shipments even before the shipments arrive at the Logistics Service Provider (LSP). Supply Chain Movement and software vendor Eyefreight have developed this checklist to provide to pinpoint the key drivers of Freight Spend Management.