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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. along with Vietnam, Thailand and Indonesia. The HSBC India Manufacturing PMIĀ® (renamed in December) climbed to a noted 16-year high level of 59.1

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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 Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Output reportedly rose in China, India, Brazil and the United States , while declines continued in the Eurozone , Japan and the United Kingdom. India again led all other regions, while Germany and Austria remain at highest levels of PMI contractionary levels. The HSBC India Manufacturing PMIĀ® rose from 56.5 in January, and 49.7

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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. Southeast Asian countries, Taiwan and India have become alternative manufacturing locales or sources of supply. Conclusion.

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Trends 2024: Risk Management

Enterra Insights

2] Included in her overview are: the ongoing Russo-Ukrainian conflict; the Israeli-Gaza conflict; Houthi attacks in the Red Sea; tensions between China and Taiwan; Chinaā€™s hegemonic ambitions, leading to territorial conflicts with Vietnam, the Philippines, Japan, and India; and rising concerns about North Korean aggression.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Output reportedly rose in China , India and Brazil and fell more slowly in the Eurozone , Japan and the United States. India led all other regions in overall PMI growth while Austria, Czechia and France were the bottom three contractionary conditions. The HSBC India Manufacturing PMIĀ® recovered from a noted 18 month low level of 54.9

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Key Highlights in Regional PMI Reporting Indiaā€™s Manufacturing Sector Declines Overall manufacturing activity across India declined in December after accelerating in November. The HSBC India Manufacturing PMIĀ® ( renamed in December ) declined 1.1 India remains the hot spot for emerging market manufacturing economies.