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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Suppliers continue to have capacity, Eighty-four percent of manufacturing gross domestic product (GDP) contracted in December, up from 65 percent in November. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. by the end of the year.

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So Your Supply Chain is Banning Bangladesh….and Going to Cambodia?: “The Ugliest Race to the Bottom”

Supply Chain View from the Field

The same unsafe working conditions prevail, and you are just as likely to encounter the problems with capacity and subcontracting that we’ve noted in other blogs. According to the WSJ article, conditions in these other countries are just as horrific, although come in different varieties.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Of further specific mention was the following: “ Firms remained confident that output will increase over the coming year, thanks to expectations for improving economic conditions, marketing efforts and improving capacity.” The 2024 Manufacturing ISM® Report On Business® reported a March value of 50.3, an increase of 2.5

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Conflict Worsens Global Food Insecurity

Enterra Insights

As we have seen time and time again — whether during the COVID-19 pandemic, Taliban takeover of Afghanistan, military coup in Myanmar, or war in Syria — crises that originate abroad always generate costs at home.” ” • Address root causes. This is easier said than done. Chinese lockdowns are only exacerbating the situation.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The August report cited new order intakes declining for the second consecutive month with indications that excess capacity may be building among the global manufacturing sector. The bottom three were listed as Poland , Taiwan and Myanmar. The top three regions exhibiting PMI growth were noted as India, Australia and Thailand.

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Emirates' new Asian route expandes bellyhold capacity

Logistics Middle East

Emirates will launch a daily service from Dubai to Yangon in Myanmar and Hanoi in Vietnam, adding 20 tonnes in bellyhold capacity to its Asian network.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. Suppliers continue to have capacity. Reportedly business optimism has dipped to its lowest levels during the past nine months. Prices are generally stable.