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

The Logistics & Supply Chain Management Society

Although this does not help to avoid tariffs for the components of your product, companies may benefit from decreasing transportation costs as they move final transportation closer to their customers. Firms must constantly evaluate and evolve their supply chains and leverage opportunities. The “first-sale” rule.

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Mid-Year Assessment of 2022 Supply Chain Predictions- Part One

Supply Chain Matters

percent for this year, two percentage points lower, warning of the effects of high global wide inflation, the war in Ukraine and continued supply chain disruptions will impact real GDP growth. By early June, the World Bank trimmed its forecast for economic growth to 2.9 inflation rate to be 9.2 percentage points from Q1 to Q2.

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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. Special emphasis is placed on Europe, in-particular.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Similarly, the S&P Global Indonesia Manufacturing PMI® for September was headlined with solid improvement in business conditions across the country’s manufacturing sector. This reportedly was the ninth consecutive month where the health of the country’s manufacturing sector has increased. percentage points above the Q2 value, and 0.7

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

For the developing regions sector, India remains a standout, followed by Thailand , Mexico and Indonesia. Reportedly, subindexes for factory production, new orders and new export orders all slipped deeper in contraction values. The S&P Global India Manufacturing PMI® for December was 56.3, which is rather noteworthy.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Inspired by McKinsey’s 2020 consultancy report, which emphasizes transforming supply chains rather than temporary fixes, we believe a comprehensive approach to reskilling supply chain professionals is essential to meet future demands.

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

Supply Chain Matters

Higher costs related to energy and transportation reportedly led to Vietnamese manufacturers incurring further increases in selling prices. Upon reviewing a grouping of developed regions, namely the United States, Eurozone, Japan and Taiwan, production and supply chain activity levels declined 2.9