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Are Asian Economies Heading for a Bumpy Ride in 2022

20Cube Logistics

However, despite becoming the latest epicenter for sourcing and manufacturing activities, economic growth in certain countries is expected to slow down this year due to various reasons. One more trend that has been highlighted to take place in Asian supply chain is that of a cooling inventory drive. International Travel Policies.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. Overall, this government index closed the year declining 3 percentage points from the beginning of 2023. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels. for February.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. The October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

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Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

The ensuing Financial Liquidity and Credit earthquakes were timely mitigated by swift financial rescue operations mounted by Central Banks, with massive Government Fiscal bailouts. With governments in crisis management mode, policy priorities pivoted on Saving Lives and Livelihoods. SUPPLY CHAIN DISRUPTION—Respond, Recover and Regrow.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 percentage points higher. in September from a 51.7