Remove Freight Remove Inventory Remove Italy Remove Procurement
article thumbnail

Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March.

article thumbnail

How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Yet with the autobahns, motorways and highways largely free of traffic apart from freight, goods are generally getting through and we are yet to see long-term shortages of food and other essential items. Adapting to the present and future challenges of COVID-19.

article thumbnail

10 Vital Supply Chain Lessons from the Coronavirus Pandemic!

Supply Chain Game Changer

Italy locked down the country. Total cost of ownership (TCO) is a Procurement sourcing methodology which entails taking into account all aspects of doing business with a supplier, not just unit costs. Mission Critical and Strategic Inventory Positioning. Shortly thereafter the tsunami of infections overtook Europe. And the U.S.