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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. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. Also noted was that average supplier lead times were broadly unchanged in February.

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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. 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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Mindmap for Global Logistics Integration

Supply Chain Movement

Goods have to be transported across the globe and across the neighbourhood. Goods have to be transported across the globe and delivered to different destinations – from congested cities to remote, rural areas. The main challenge in logistics is an increasing complexity of trade-offs in transport planning. Choose country.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

For this reason, KPIs are essential for any business improvement strategy. Transportation. When a KPI shows that performance is consistently meeting or exceeding the required level, you can decide to raise the bar and set a higher standard to aspire to. Inventory management. Purchasing and supplier management. Production/manufacturing.

KPI 93