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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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Industry Supply Chain Implications to Slower Economic Growth Across China

Supply Chain Matters

The Ferrari Consulting and Research Group via its affiliated Supply Chain Matters blog provides supply chain focused perspectives on this weekā€™s indications of slower economic growth across China. Background This week, Chinaā€™s Statistics Agency reported that the countryā€™s economy grew a disappointing GDP growth rate of 6.3

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Supply Chain Matters highlights a published report indicating that PC maker Hewlett Packard is modifying supply sourcing akin to China Plus and nearshoring sourcing actions. That would include alternatives to China under the umbrella of either China Plus or de-risking sourcing changes.

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Restructuring Global Value Chains & Tariff Reduction ā€“ A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. This includes not only supply networks that include areas of China , but other regions as well.

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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0