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Supply Chain Weekly Wrap-Up 02/12/2022-08/12/2022

All Things Supply Chain

Apple consider transfer of iPhone production to India or Vietnam after protests in China Apple are reportedly considering moving the means of production of the iPhone amid the workers’ continued…

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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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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

The four largest European manufacturing economies, namely Germany, France, Italy and Spain , collectively remained at production contraction levels. The reported HCOB Germany Manufacturing PMI® for August was headlined with output levels falling at the fastest rate since May 2020, the height of the past global wide Covid-19 pandemic.

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

But a strike at a port in Germany or a typhoon off the coast of Vietnam, while temporary, can have major implications for supply chains. We tend to focus on pivotal events like COVID supply chain issues or the Russian invasion of Ukraine as game-changing events. And they are.

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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. A prior downturn in Vietnam moderated during December. by the end of the year.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

To add further perspective to our prior Supply Chain Matters commentary indicating an economic and manufacturing recession now occurring in Germany , the separately reported HCOB Germany Manufacturing PMI© fell again in May to a value of 43.2 and noted as the lowest value in three years. percentage points from the April value of 46.7,

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

along with Vietnam, Thailand and Indonesia. 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. reflecting a 1.3