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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Governments including Canada , Germany , and the United Kingdom have enacted special legislation in these areas. Because of pressures from investors along with the governments of Germany and the United States , the automaker completed an audit of this facility in December, reportedly finding no evidence of human rights abuses.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

From a positive note, report authors noted softer manufacturing deterioration in Germany and Italy in December. Germany ’s manufacturing sector reportedly ended 2023 with signs that the worst of a long downturn may be behind. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia.

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At 20Cube we go that extra mile

20Cube Logistics

20Cube goes the extra mile for our clients using managed services for logistics in Melbourne, Malaysia, China, Germany, and Italy. We use technology to consolidate all of our LCL shipments into the most efficient groupings and trade lanes. However, both of these benefits are direct results of outsourcing logistics.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Considerable weakness was noted for both Germany (a 38 month low) and Austria (a 39 month low) in July, both reporting the lowest PMI values in this sector. Source: S&P Global and Other Sources. All rights reserved.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. This index is a compilation of seven termed ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Growth expansion has returned across China and the U.S.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Austria was indicated as the worst performer, followed by Germany and France. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. The headline PMI of this grouping for November rose to a reported three month high value of 50.0, reflecting a 1.1

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Germany reportedly remained the worst performer while faster declines were reported for Italy , Spain and Ireland. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. The headline PMI of this grouping for October was unchanged at a value of 49.6.