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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

Itā€™s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled ā€œProcurement 2025: 10 Challenges that Will Transform Global Sourcingā€. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Globalization.

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The State of Sustainable Procurement: What to Expect in 2019

EcoVadis

What does this momentum tell us about the state of sustainability this year ā€“ and what does the current landscape specifically mean for procurement teams? This means we expect to see organizations move supply and manufacturing efforts to regions not as volatile, including to home turf (e.g. American brands re-localizing to the U.S.).

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

With the closing of the third quarter, the numbers once again signal added contraction in global manufacturing output as product demand levels weaken. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. This index has now remained below the 50.0

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Increased Signs of Weakness in China and a Changing Global Trade Picture

Supply Chain Matters

July is typically a month in which Chinese suppliers and manufacturers have ramped up production levels to support global-wide back-to-school and other holiday related demand for products that peak in the November and December surge period. reflects broader weakness in the entire chain of global manufacturing.ā€

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The Top 6 Trends in Logistics Impacting Shippers in 2017

GlobalTranz

According to PLS Logistics , global companies will install procurement managers in China for entire organizations by 2025. Meanwhile, Brazil, Russia and India will become major suppliers as companies access the remaining untapped resources of the world. Globalization Will Become More Important in Everyday Decisions.