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Global Production Activity Levels Remain in Contraction at the End of 2024

Supply Chain Matters

At the end of 2024, global production and procurement activity levels are equivalent to the beginning of 2019, the year prior to the Covid-19 global pandemic. ( At the end of 2024, global production and procurement activity levels are equivalent to the beginning of 2019, the year prior to the Covid-19 global pandemic. (

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New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Falkland Islands (Malvinas).

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. Reportedly business optimism has dipped to its lowest levels during the past nine months.

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China Flexes Its Global Logistics Muscle

Material Handling & Logistics

One company that is already using the China-Europe rail service, part of the larger initiative, is high-tech manufacturer HP, which was one of the first companies to start using the Pireaeus port in Greece to access markets in Europe, according to Forbes. based company with operations in China can benefit from OBOR.

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How Learning a New Language Can Benefit Your Career in Supply Chain Management

SCMDOJO

When you talk to fellow SCM specialists in Greece or try to secure a safe logistics chain somewhere in the Middle East, you have to understand the culture. When you can exchange several phrases with foreigners, it often plays a major role as people do not approach you as a total foreigner anymore and see your genuine attitude and respect.

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Eurozone Economy Now in Technical Recession

Supply Chain Matters

Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. Reuters indicated in its reporting this week that the Eurostat revision of Q1 data was principally due to the revised estimate from Germany’s statistics office indicating two subsequent quarters of GDP contraction.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. Observed was that manufacturing conditions across Greece have improved to the sharpest extent in two years. along with Vietnam, Thailand and Indonesia.