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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMIĀ® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMIĀ® had a February value of 47.3,

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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. Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. From our lens, the latter is evidence of recessionary manufacturing conditions that are now stabilizing. That stated, the reported 49.6

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Mindmap High-Tech Supply Chain 4.0

Supply Chain Movement

These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supply chains. The sourcing department is challenged by increasing compliancy issues. And Manufacturing needs to be agile to keep up with rapid changes in the market. Choose country. Afghanistan. Antarctica.

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Mindmap for Supply Chain Execution 24/7

Supply Chain Movement

Sourcing from far-flung countries such as China is leading to growing uncertainty about the actual supply of purchase orders. Choose country. Afghanistan. ƅland Islands. American Samoa. Antarctica. Antigua and Barbuda. Azerbaijan. Bangladesh. Bosnia and Herzegovina. Bouvet Island. British Indian Ocean Territory. Holy See (Vatican City State).