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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. After a long spell of reducing inventories in order to cut costs, factories are now increasingly rebuilding warehouse stock levels, driving up demand for inputs and pushing production higher at a pace not seen since early 2022.”

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Talent development essential for supply chain leaders

Supply Chain Movement

Talent development can make an important contribution to the execution of their supply chain strategies, but not all leaders pay the same amount of attention to this topic. That calls for various different skill sets, states Carlos Cordon, Professor of Strategy and Supply Chain Management at the IMD Business School in Lausanne.

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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. Warehousing. 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 94