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Global Manufacturing Levels Contract Again in August 2024

Supply Chain Matters

The August data further reinforces indications of a global manufacturing slowdown. Meanwhile there are building concerns of excess capacity, and other than lower-cost country production regions such as India , there remains little signs of potential momentum for the third quarter. This composite index produced by J.P. Consequently.

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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Global Manufacturing Output Global-wide manufacturing levels as depicted by the J.P. Morgan Global Manufacturing PMI® reportedly slightly declined in June with output and new orders indices on the rise. In the latter category, subdued market conditions were cited as an underlying factor in manufacturers’ business optimism.

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Added Signs of Global Manufacturing Upturn in May

Supply Chain Matters

Signs of Global Manufacturing Upturn Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMI® reportedly improved in May with output and new orders in indices on the rise. Rates of manufacturing contraction eased across Europe and in Japan. The May reading of 50.9 The May reading of 50.9

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. In Asia, Vietnam and Bangladesh are more important sourcing locations. VF is having conversations with fabric manufacturers to encourage them to produce more fabric in factories outside of Asia.

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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 PMI® 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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New Balance’s Added U.S. Manufacturing Presence

Supply Chain Matters

The Supply Chain Matters blog highlights this week’s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this company’s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

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As Inventories and Capacity Expansion Grew Too Quickly in 2022, Customers are Forcing Suppliers to Bear the Brunt of Optimistic Forecasts

NC State SCRC

Moreover, Amazon refused even to discuss the situation in good faith with Gilimex, locking Gilimex’s CEO and management team out of Amazon’s headquarters in North Reading, Massachusetts after the Gilimex team had traveled thousands of miles from Vietnam for a meeting.”