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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Our Ferrari Consulting and Research Group clients and Supply Chain Matters blog readers are likely well aware that each year we publish at the start of that year, a Research Advisory outlining our ten predictions for the coming year. Geo-Political and Hybrid Government Policy Dimensions. For those businesses located in the U.S.,

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia.

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories. Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China de-risking sourcing actions. For those businesses located in the U.S.,

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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. Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.”

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Inventory planning to reduce Chinese New Year disruption

EazyStock

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. Account for shipping backlogs With ongoing challenges around shipping assignments, it could be wise to bring orders a little further forward than usual in 2024, just to help mitigate any logistical issues.

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This is Not a Supply Chain Storm to Weather!

Supply Chain Game Changer

Supermarket chains can’t keep their shelves stocked while retailers have warehouses full of unsold inventory. It’s a matter of time before many China-based supply chains shift into Malaysia, Indonesia, Vietnam, and Thailand, or come home. How Best to Prepare. Don’t put all your eggs in one basket: Start establishing other sources now.

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Inventory Planning to Reduce Chinese New Year Disruption

EazyStock

Chinese New Year (aka Lunar New Year) might seem like a long way off, but smart inventory managers will be starting to plan for this event very soon. With ongoing challenges around shipping assignments, it could be wise to bring orders a little further forward than normal in 2021, just to help mitigate any logistical issues.