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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

This posting serves as a side panel to the start of our multi-part unveiling of our individual 2023 predictions for industry and global supply chains. . Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMIĀ® which began 2022 at an expansion value of 54.2,

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Supply chain shockwaves from the Taiwan earthquake

Resilinc

Discover which industries may be impacted by the 7.4 Following the earthquake, tsunami warnings were sent out in Taiwan, Japan, and The Philippines, but have since been lifted. Taiwan is the global leader in semiconductor manufacturing, producing over 60% of the worldā€™s semiconductors and over 90% of the most advanced chips.

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Prediction- Added Labor Activism Among Industry Supply Chains

Supply Chain Matters

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. According to the Cornell University School of Industrial and Labor Relations Labor Action Tracker , as of the end of October 2023, there were over 350 labor strikes involving over 490,000 workers.

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Contract manufacturing explained: Everything you want to know

Unleashed

Contract manufacturing is when a business outsources certain manufacturing requirements to another. It is often used by major companies requiring the mass production of goods that find it more financially viable to outsource the manufacturing. Who uses contract manufacturing? How does contract manufacturing work?

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

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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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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

The Ferrari Consulting and Research Group shares a Part Two commentary addressing our mid-year assessment of previously published 2022 Predictions for Industry and Global Supply Chains published at the beginning of 2022. Restoring More Direct Control in Materials Sourcing.