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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 Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

Major businesses have had to completely re-consider previous supply chain strategies that were largely centred around lean manufacturing, just-in-time delivery and reducing operating costs. Inventory and Capacity Buffers. Increasing buffer capacity is a straightforward way to enhance resilience.

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July Transportation Market Overview 2021

Freight Plus

On the domestic side, both dry vans and reefers continue to run tight in terms of capacity with rates remaining elevated. Volumes remain high and with import volumes remaining elevated and domestic manufacturing continuing itā€™s bull run, thereā€™s no foreseeable light at the end of the tunnel in 2021. Just incredible.

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The Pullback From China: Will it Be Harder for SMEs?

Logistics Bureau

Whether to relocate supply or manufacturing from China to another low-cost country or switch to a near-shoring or re-shoring strategy is not a decision to take lightly. Some of the most notable include: Steve Madden , shoe and bag retailer: Moving production to Cambodia, Brazil, Mexico, and Vietnam.

China 98
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October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe.

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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 Gilimexā€™s CEO and management team out of Amazonā€™s headquarters in North Reading, Massachusetts after the Gilimex team had traveled thousands of miles from Vietnam for a meeting.”

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Locations that have benefitted from this sourcing shift are noted in the report as Vietnam and Mexico , the latter being a preferred nearshoring or friendshoring alternative. As an example, the authors point to Vietnam gaining ground in electronics, apparel and textiles, while Mexico has been increasing U.S. supply chain activity.