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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

India again led all other regions, while Germany and Austria remain at highest levels of PMI contractionary levels. Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively. Business confidence levels remained positive, reportedly staying close to January’s nine-month high.

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GrandVision: “We are changing completely as we become demand driven”

Supply Chain Movement

In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. And we are still on a journey with many more opportunities,” the Vice President Supply Chain says. It is a very significant change.

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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.