Remove Europe Remove Inventory Remove Philippines Remove Procurement
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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

At the regional level, improvements across Europe and in Asia continue to close some of the gap.” Europe remained weak with eight nations in continued production contraction. The April report was headlined with India’s manufacturers increasing input inventories to near record pace to prepare for increased output.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. On a regional basis, Europe reportedly remained a principal drag on global factory output, along with contracting output in Japan and the United Kingdom.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. and Europe. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 in October.

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My Take: Metrics that Matter

Supply Chain Shaman

Over the course of the last week, I had a Linkedin comment from Dubai, questions from a team from the Philippines, and an inquiry from Switzerland. Joe’s team selects the metrics of Revenue Growth, Operating Margin, Inventory Turns, On-time Customer Orders, Safety and Return on Invested Capital (ROIC).

Metrics 150
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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 percentage points higher.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Morgan indicated in part: “ An improving orders-to-inventory ratio and upward momentum in both new export business and employment all suggest the underlying dynamics of the manufacturing sector are also moving in the right direction. New export orders were noted as rising at the fastest rate in nearly two years.