Remove Capacity Remove Manufacturing Remove Manufacturing Procurement Remove South Korea
article thumbnail

The CHIPS and Science Act of 2022: What It Means for the Future of Manufacturing

ivalua

US Government Passes the CHIPS Act to Increase Semiconductor Manufacturing and Research. The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supply chains across the country. . Part A: Manufacturing in the U.S.

article thumbnail

August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5, The August 2022 J.P.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

article thumbnail

Global PMI Levels in July Remain of Concern

Supply Chain Matters

The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Manufacturing production reportedly decreased for the second consecutive month.

article thumbnail

Build Resilient Supply Chains That Weather Disruptions 

Logility

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. It’s been a whirlwind, as manufacturers have been left scratching their heads about what’s going to happen next. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

article thumbnail

Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

Supply Chain Matters highlights a breaking news development involving Tesla’s existing Nevada based Gigafactory that will be of interest to Automotive EV manufacturers and their supply networks. Tesla Announces Added Investment in Gigafactory Nevada Electric auto maker Tesla has announced a reported $3.6 More to come. All rights reserved.

article thumbnail

Global Manufacturers' Supply Chains Strain to Keep Up With Faster Economy

Material Handling & Logistics

A slew of global purchasing managers indexes all point to deep supply constraints as this year's economy looks to be the strongest since 2011. A slew of purchasing managers indexes published on Jan. A slew of purchasing managers indexes published on Jan. 2 from China, Germany, France, Italy and the U.K. China Growth.