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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. along with Vietnam, Thailand and Indonesia. Growth expansion has returned across China and the U.S. percentage points from the 46.5 reported for February, and 0.5

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Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

In a subsequent blog post, we will highlight another breaking development, that being a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams. More to come. All rights reserved.

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IMF Points to a Gloomier 2023 Economic Outlook

Supply Chain Matters

In conjunction with the summit meeting of G-20 leaders held in Indonesia , the International Monetary Fund (IMF) indicated that the expected 2023 economic outlook appears gloomier that that forecasted just last month. © Copyright 2022, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Bob Ferrari.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The two countries of Singapore and Indonesia saw rates of production growth expansion in December. These nations reportedly account for 98 percent of ASEAN manufacturing value added.

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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. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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This is Not a Supply Chain Storm to Weather!

Supply Chain Game Changer

With less transportation capacity, carriers are forced to hike shipping costs, and airfreight rates from China to Europe were already up 253% YOY in April. There’s also the issue of sourcing , as companies consider nearshoring and reshoring and requalify and re-assess their suppliers and sub-suppliers.

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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

The authors then used industry sources to project demand and revenue for thee fossil fuels (oil, gas, coal) vs. seven “green” metals (aluminum, cobalt, copper, lithium, nickel, silver and zinc) that are critical to building an energy economy. The summaries of current revenue shares of these countries are shown below. The losers?