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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. This index is a compilation of seven termed ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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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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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. Suppliers continue to have capacity. Prices are generally stable.

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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

Companies like Nike and Disney have publicly stated that they are not going to Bangladesh for apparel sourcing in the future. 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.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Suppliers continue to have capacity. percentage point increase from the 49.6

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Conflict Worsens Global Food Insecurity

Enterra Insights

Considering that the world’s population is increasing by one billion people every 11 to 12 years, losing any source of food is big problem. .”[1] Recently, it seems like the world is filled with violence and conflict. I was recently struck by arguments presented by Arif Husain ( @WFPChiefEcon ), Chief Economist at the U.N.

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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.