Remove Indonesia Remove Procurement Remove Russia Remove Sourcing
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The Pros and Cons: International and Domestic Sourcing

Unleashed

It’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 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. Growth expansion has returned across China and the U.S. From our lens, the data points to India. import needs.

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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

Other Asian Nations The S&P Global ASEAN Manufacturing PMI is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The Caixen China Manufacturing PMI , reflective of private and mid-market industries reported an April PMI reading of 51.4, an increase of 0.3

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

Those sourcing requirements are scheduled to increase by 10% every year beginning in 2023. The Inflation Reduction Act aims to ensure critical minerals are sourced ethically and sustainably, as well as in a manner that helps stimulate US manufacturing growth.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.

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Added Headwinds for Global PMI Production Indices in June and Q2 2022

Supply Chain Matters

As noted in our perspectives on reported Q1 PMI global indices, there are common themes of growing headwinds and added geo-political and/or supply network concerns related to effects of the Russia-Ukraine hostilities and China’s potential economic stumble as a result of a strict COVID-19 isolation policy. percentage points from Q1 to Q2.

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Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines , Singapore , Thailand , and Vietnam. One relates to the rising geo-political tensions across the Middle East region that could lead to further hostilities involving multiple nations beyond Israel and Hamas or Russia and Ukraine.