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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® began 2024 with output levels rising for the first time in eight months. Global manufacturing employment levels fell for the fifth straight month. Manufacturing , there were mixed consensus.

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Supply Chain Roundtable Series: Optimising the Manufacturing Supply Chain

Unleashed

Supply chain optimisation helps manufacturing businesses drastically reduce operational costs to improve revenue and customer satisfaction. In our latest Supply Chain Roundtable, four experts share their advice and experience around optimising the manufacturing supply chain. And youā€™d be right ā€“ theyā€™re certainly a factor.

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Manufacturing Gains From Machine Learning

IQMS

Improving semiconductor manufacturing yields up to 30%, reducing scrap rates, and optimizing fab operations is achievable with machine learning. Manufacturers care most about finding new ways to grow, excel at product quality while still being able to take on short lead-time production runs from customers.

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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

By negotiating lower MOQs with suppliers, businesses can reduce the amount of inventory they need to purchase at once. Strategies for lead time reduction may include optimizing transportation routes, improving communication with suppliers, and investing in technologies that expedite order processing.

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This Week in Logistics News (October 1 ā€“ 7)

Logistics Viewpoints

The goal is to reduce or avoid one billion metric tons (a gigaton) of greenhouse gasses from the global value chain by 2030. The six areas are energy use, nature, waste, packaging, transportation, and product use and design. And Walmart recently rolled out extra levies for suppliers using its transportation services.

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Hitendra Chaturvediā€™s Reality Check

Resilinc

There are a lot of hard-headed realists in the procurement and supply chain profession. In this Q&A, Chaturvedi shares his views on rebuilding American manufacturing, reshoring, nearshoring, and other topics of the moment in supply chains. Resilinc: Whatā€™s the current status of reshoring manufacturing? Thatā€™s good news.

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The Ultimate Guide to Contract Logistics: What You Need to Know

SCMDOJO

It involves outsourcing logistics activities, such as warehousing, transportation, distribution, inventory management, and order fulfillment, to a dedicated logistics service provider. Additionally, its strategic location in proximity to Germany, France, and the UK adds to its appeal.