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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Imagine a critical part of your product is only made in one factory in Taiwan. This is very possible, considering 60% of the world’s semiconductors are made in Taiwan—and 90% of the world’s highly advanced chips are made by the Taiwanese company TSMC. If something were to happen in Taiwan—like the recent 7.4

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. The bottom three were listed as Poland , Taiwan and Myanmar. . Select Regional Highlights. United States.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan. 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 manufacturers are continuing to draw down inventory levels.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The top three regions exhibiting PMI growth were noted as India, Australia and Thailand. The bottom three were listed as Poland , Taiwan and Myanmar. Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . South Korea.

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Many companies buy forward inventory ahead of tariffs being implemented. This strategy, however, may incur additional warehousing and storage costs, and firms may experience accounting challenges where an inventory is considered an asset, which could affect cash flow. Operational strategies. Buying forward.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. That is a positive sign Of continued interest was that India and Thailand indexes (included in our highlights below) reflected the quickest rates of expansion. China’s expansion was noted as marginal by the end of Q1. The March value of 48.6

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

That could signal even more added inventory exposures. Source: S&P Global Monthly PMI Reporting Highlights of Regional Reporting Continued High expansion in India Manufacturing activity levels across India remained at high expansion levels in May, outpacing all other regions. in April to 58.7 The May PMI value of 44.3