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This Week in Logistics News (November 4 – 10)

Logistics Viewpoints

Warehouse break-ins, accounting scams, and oil tampering are on the rise in the olive growing regions of Greece, Spain, and Italy. Spanish police have said they recently retrieved 91 tons of stolen olives, and in February, six people were arrested in southern Greece for the theft of eight tons of olive oil. supply chain reliability.

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Eurozone Economy Now in Technical Recession

Supply Chain Matters

As Supply Chain Matters highlighted in late May, the German economy was declared in state of recession after first quarter GDP data was reported. Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. pharmaceutical companies cutting back on production.

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Not up to Promethean Standards: Greece’s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

As analysts debate the likelihood of a separation, Greek citizens struggle with dwindling supplies and the risk of their savings disappearing. While food and oil are readily available, certain supply chains – most worryingly, pharmaceuticals – are in danger of being disrupted at various levels. A Sisyphean Task.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. Supply chain stresses seem to have faded somewhat, at least on aggregate.” Meanwhile the related S&P Global UK Manufacturing PMI® posted a slight increase, rising to 47.5

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The inventories index decreased 2.1

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Artificial Intelligence – sifting through the hype and the promise for forecasting

Kinaxis

Famed forecasting expert and organizer of the Makridakis Competitions (known as the M-competitions) Spyros Makridakis spoke to us remotely from his post at the University of Nicosia in Greece. Kinaxis cofounder Duncan Klett drew on his training as an engineer to lay out his premise that a supply chain is a control system.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

Supply Chain KPIs are Essential – The Right Ones! Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Supply Chain KPI Tips. All you need to know about Supply Chain KPIs. Supply Chain KPI. Which ones to use?…

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