article thumbnail

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

article thumbnail

The shift towards supply chain transparency with asset traceability for manufacturers

IT Supply Chain

By Gareth Mitchell (pictured) UK Partner Manager, Heliot Europe The post The shift towards supply chain transparency with asset traceability for manufacturers appeared first on IT Supply Chain.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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 PMI® 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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.