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Is Covid-19 the Death of Global Supply Chains?

Supply Chain Game Changer

Many supply chain, sourcing & procurement teams have been asked to row upstream without a paddle during this time of crisis. Many trusted sources accredit global GDP growth during the last 15–20 years, widely to the spread of globalization. This raises the question…. Is COVID19 the death of Global Supply Chains?

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The top three regions exhibiting PMI growth were noted as India, Australia and Thailand. The August S&P Global India Manufacturing PMI® reflected a continued growth cycle with the August PMI little changed from the July vale of 56.4. Data comparisons to that of 2020 during the heights of the Covid-19 pandemic are meaningful.

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Revenge Festivities: How To Power Up Your Retail Last-Mile Fulfillment To Meet Soaring Demand

Locus

Fuelled by a strong return to normalcy, ‘revenge festivities’ is a simmering trend that picked up during this Navratri in India, leading to a 15% spike in FMCG (Fast Moving Consumer Goods) sales with kirana stores stocking up 18% more. rise in comparison to September 2021. Sources: [link] [link] [link] [link] [link] [link].

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

The September S&P Global India Manufacturing PMI® posted a value of 55.1, One of the most significant headlines related to this region was the announcement from Apple that the new model iPhone14 is being simultaneously produced both in China and India. . slipping from both the August and July PMI values in excess of 56.

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Supply Chain as a Service (SCaaS): A Golden Opportunity for the Supply Chain Industry

SCMDOJO

It involves outsourcing the entire supply chain function to a third-party provider who manages everything from sourcing raw materials to delivering finished products to customers. According to a paper by Len Prokopets and Ramin Tabibzadeh from Archstone Consulting , initial sourcing transactions can yield a 5% savings.

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AI and IoT on the Cutting Edge

Enterra Insights

” They note, “In comparison, non-IoT connections include smartphones, laptops, and computers, with connections of these types of devices set to amount to just over 10 billion units by 2025 – three times fewer than IoT device connections. They are: 1. .” 4] Staff, “ What is wearable technology? ” GFC Global. [5]

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Post-Pandemic Impermanence and 6 Actions to Take Now!

Supply Chain Game Changer

The move from China, even if to other more reliable-in-a-crisis countries like India, Mexico or Singapore, will come at considerable cost. In the end, companies will undertake a detailed Landed Cost Analysis – a comparison of the cost at the point of entrance into the U.S., Not so fast…. in transit to American customers. Manufacturing.