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

Supply Chain Matters

That could signal even more added inventory exposures. On a positive note, average purchase prices reportedly fell for the first time in three years while supplier lead times “ shortened to the greatest extent since April 2019, amid reports of improved material availability and lessor supply chain pressure.”

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. The decline in output was accompanied by a tick down in new orders as rising inventories have put the brakes on production.”. Global Supply Network Price and Supply Indicators.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

” Today, I know of less than twenty-five companies that actively sense demand, and while we talk about the use of channel data and the building of demand sensing processes to use channel data, it is still an elite group of supply chain leaders that are perfecting the techniques. Life is busy at Supply Chain Insights.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. The only country with positive PMI growth was Greece , while Germany, France and Austria PMI levels were the lowest, Austria being 43.0 Further reductions in manufacturing employment were reported. and France being 43.1.