Logistics Viewpoints
OCTOBER 18, 2023
Source: J.P. Morgan Global Manufacturing PMI compiles data from S&P Global and other sources from countries across the globe and weighs the countries based on annual manufacturing value added. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels.
ivalua
NOVEMBER 13, 2022
Ivalua, a global leader in spend management , today announced that Tchibo, one of the largest coffee roasters in the world, has chosen Ivalua and its partner Capgemini to digitize Source-to-Contract (S2C) for its indirect purchasing of goods and services. Founded in 1949, the company today has a turnover of €3.2 ivalua.com.
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Savant Events
JULY 18, 2022
(Image Source: Parcel Monitor ). The pandemic has accelerated Germany’s e-commerce growth, as evident by the influx of online shopping amongst German consumers, particularly the younger folks aged between 16 to 29. In 2021 itself, Germany’s e-commerce gross sales increased by 19% since 2020 to a whopping €99.1
Supply Chain Matters
APRIL 5, 2024
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.
Supply Chain Matters
SEPTEMBER 6, 2023
From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The lowest production performance and associated supply chain activity levels were reported as that of Germany , Austria , Czech Republic , United Kingdom and Poland. in August compared to 57.7
Supply Chain Matters
OCTOBER 6, 2023
Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. Specifically related the Germany, the HCOB Germany Manufacturing PMI® registered a September value of 39.6 average of the three months of Q3, declined 1.5
Supply Chain Matters
AUGUST 3, 2023
Source: S&P Global and Other Sources. Considerable weakness was noted for both Germany (a 38 month low) and Austria (a 39 month low) in July, both reporting the lowest PMI values in this sector. Germany’s July PMI activity level was the worst performance since May 2020.
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