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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Manufacturing job losses were reportedly registered for the fourth consecutive month in December, with cuts noted in China , the Euro area , the U.S. Suppliers continue to have capacity, Eighty-four percent of manufacturing gross domestic product (GDP) contracted in December, up from 65 percent in November. and the United Kingdom.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. The November report narrative further indicated that European manufacturer’s initiated additional job cuts for the sixth month running. declined 0.4

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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. During this time, production across China will stop, and shipping will be delayed. This means it takes time to get production back to full capacity, leading to further delays. In 2024, this will be from February 9-15.

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What Kind of Visibility Into Your Supply Chain Do You Really Need, and How Do You Get It?

Oracle SCM

Most companies weren't buying from China or Taiwan or Malaysia like they are today. Now, most products don’t have a specific lifecycle because they are mass customized to satisfy the customers, but greatly reduced lifecycles may be only one of the many issues. ” This means having the right data at the right time.

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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. In 2022 this will be from January 31 until February 6, and during this time production across China will stop and shipping will be delayed. Delayed shipping. Supply shortages.

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Want to Succeed at a Large Firm? Become an Entrepreneur

Logistics Viewpoints

Those sites are primarily located in China, Hungary, Malaysia, Mexico, Singapore, and the United States. She worked as a production planner, a master planner, a demand planner, and inventory manager, before leading a team of demand planners in 2015. They had over 100 days of inventory on hand. They were only doing four turns.

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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. 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. How Best to Prepare.