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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Restructuring Global Value Chains & Tariff Reduction ā€“ A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

are reporting that they are being inundated with requests from importers seeking to use provisions such as the ā€œ321 de minimisā€ rule, which allows goods worth less than $800 to be shipped to the U.S. Alternatively, you may want to relocate ā€“ totally or in part ā€“ where your product is manufactured. without being subject to tariffs.

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The Pros and Cons: International and Domestic Sourcing

Unleashed

Itā€™s easy to oversimplify the differences between sourcing for parts locally or internationally. When considering where to purchase from, the prevailing idea seems to be that domestic sourcing allows for better control and shorter lead time, but international sourcing is more cost-effective. International Sourcing.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

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How COVID ā€“ 19 Might Shape the Future of China Sourcing and Manufacture

Logistics Bureau

COVID-19 and the Future of China Sourcing and Manufacture. But global dependence on Chinese manufacturing is mind-bogglingā€¦. But global dependence on Chinese manufacturing is mind-bogglingā€¦. Alternative Manufacturing Hubs: Asiaā€™s Promise. Each country comes with a range of specific pros and cons: India.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

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ā€œToo Big to Failā€: 10 Things you Need to Know About El NiƱo

Elementum

Thatā€™s good news for agriculture and manufacturing in the state, two industries that rely heavily on almost nonexistent water. This should keep prices low and shipping lanes open. During the 1997 El NiƱo, droughts in Indonesia and Argentina caused mining activity to halt, raising prices of copper, zinc, and nickel.