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Global Supply Chain Activity Levels Reportedly Decline in May 2022- Signs of a Changing Tide

Supply Chain Matters

One apparent bright spot stemmed from the S&P Global Vietnam Manufacturing PMI® which reported production growth achieving a 13-month high in May, amid recovery from the latest wave of Covid-19 infections earlier this year. This was the first downbeat assessment of the business outlook recorded for two years.”. This index rose to 54.7

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Meanwhile, countries in Southeast Asia, such as Vietnam and Cambodia, are enjoying growth as offshore manufacturing centres. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

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

Supply Chain Matters

Vietnam Again in the Doldrums The S&P Global Vietnam Manufacturing PMI® is here highlighted because the May value dropped deeper into contraction and “ signaling a third successive monthly deterioration in operating conditions. ” The reported May PMI value of 45.3 percentage points from the April value of 46.7,

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

Supply Chain Matters

The S&P Global Vietnam Manufacturing PMI® posted a value of 54 in June, compared to a value of 51.7 Whereas, among a grouping of developing regions consisting of China, India, Indonesia, Mexico, Vietnam and Thailand , production and supply chain activity levels declined 2.4 reported for March. percentage points from Q1 to Q2.

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Supply Chain Secrets Going Global – But Where Should we Share Them?

Logistics Bureau

I’ve been taking them around the Asia Pacific region for several years, and the seminars have received a tremendous reception in Thailand, Vietnam, and of course, Australia. Procurement and purchasing. Inventory management and optimisation. Supply chain strategy development and alignment. Benchmarking and KPI development.

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Three Examples of Ongoing Supply Chain Disruptions Impacting Business Operational and Financial Performance

Supply Chain Matters

Further reported was that about two-thirds of the company’s inventory was still in-transit at the end of the most recent quarter. In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. A downturn within Vietnam ’s manufacturing sector reportedly weakened to a five-month low of 47.3 These nations reportedly account for 98 percent of ASEAN manufacturing value added. in November.