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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 PMI Levels in July Remain of Concern

Supply Chain Matters

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. 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.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Austria was indicated as the worst performer, followed by Germany and France. reflecting a 1.1

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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. We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. Contrasting Reporting for U.S. in February compared to 50.3

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Mindmap High-Tech Supply Chain 4.0

Supply Chain Movement

The sourcing department is challenged by increasing compliancy issues. In order to create the required agility hightech companies need to apply a postponement strategy with customization per country and on demand 3D printing. Choose country. Afghanistan. Ã…land Islands. American Samoa. Antarctica. Antigua and Barbuda. Azerbaijan.