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

Elementum

source: It Makes Sense Blog. This Sunday, July 12th, will mark what some consider to be the most important moment in the European Union’s history: the Eurozone leader meeting that will determine whether or not a “Grexit” is necessary. The Economist and many others believe that Greece must stay in the E.U. A Sisyphean Task.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. average of the three months of Q3, declined 1.5 percentage points from the average of Q2, and a significant 4.8 percentage point drop from the average of Q1.

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Will the Downturn Signal an Upturn?

Supply Chain Shaman

While the macroeconomic signals trigger market downturns, to meet Wall Street expectations, manufacturers usually push products into the market. First it was the downturn in Southern Europe, followed by the economic crisis in Greece and now the devaluation of the Yuan. Functional reward systems delay the needed response.

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The impact of the Ukrainian crisis on Europe’s gas flow

Supply Chain Movement

However the impact on Eastern and Southern European gas flows and prices would be more substantial with countries such as Greece forced to rely on gas reserves it has in storage. Source images: Wood Mackenzie. Trends Aimms analysis energy gas flow Ian Moran impact Liquefied Natural Gas LNG modeling Russia Ukraine Wood Mackenzie'

Modeling 134
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New: Global Trade Map 2016

Supply Chain Movement

The benefits of utilising modern-day FTAs include fewer customs duties, less red tape, access to public tenders, sourcing opportunities, investment opportunities and more transparent business conditions. It lays the foundation for gradual alignment of norms and standards, including on food safety and technical regulations. Faroe Islands.