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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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HWI Unleashes Continuous Innovation

Logistics Viewpoints

HarbisonWalker International Manufactures and Distributes Refractory Products. But refractories are used in a wide variety of industries, particularly manufacturing industries with high temperature or corrosive production processes. The sourcing centers shipped over 130,000,000 pounds of product last year.

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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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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

I was on the phone with Australia, China, Indonesia ā€“ really everywhere – trying to negotiate directly with suppliers. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooperā€™s strategic suppliers that relied on UPS for shipping. But there was a cost to this.

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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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IMF Points to a Gloomier 2023 Economic Outlook

Supply Chain Matters

In conjunction with the summit meeting of G-20 leaders held in Indonesia , the International Monetary Fund (IMF) indicated that the expected 2023 economic outlook appears gloomier that that forecasted just last month. These survey-based measures gauge the momentum of manufacturing and services activity.ā€.