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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMI® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. This may be the situation the German manufacturing sector is in. percent in Q1-2023, after declining by 0.2

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Predictions for the role of Additive Manufacturing in 2024

IT Supply Chain

By Gesa Schneider (pictured) Senior Territory Manager Central Europe The post Predictions for the role of Additive Manufacturing in 2024 appeared first on IT Supply Chain.

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ToolsGroup Promotes Mauro Adorno to Managing Director of Europe

ToolsGroup

BOSTON (July 30, 2019) – ToolsGroup, a global leader in service-driven supply chain planning software, has promoted Mauro Adorno to managing director of Europe. Previously, Adorno served as ToolsGroup’s managing director for Central Europe and sales director for the DACH region.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. I also looked at changes in exports by the US, Europe, and China. Manufacturing Purchasing Managers Indexes The J.P. Source: J.P. I see that as a positive. I don’t see that as a positive.

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Infographic: Manufacturing Success: How ToolsGroup Customers Excel

ToolsGroup

With Service Optimizer 99+ (SO99+) ToolsGroup’s manufacturing customers commonly achieve a 10-30% reduction in inventory, improve product availability to 96% or better, and reduce overhead (such as overtime and expedited freight) by 50%. ToolsGroup’s manufacturing customers commonly achieve: 10-30% reduction in inventory.

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September 6, 2023 Update

Freightos

Europe prices (FBX11 Weekly) were level at $1,744/FEU. Europe weekly prices increased 5% to $3.05/kg. Europe – N. Europe rates were stable last week, daily rates this week have declined about 7%. Asia-US East Coast prices (FBX03 Weekly) were level at $3,079/FEU. Air rates – Freightos Air index China – N.

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Is on-demand the future of manufacturing?

IT Supply Chain

By Gesa Schneider (pictured) Senior Territory Manager Central Europe, Markforged The post Is on-demand the future of manufacturing? appeared first on IT Supply Chain.