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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Italy’s manufacturing sector reportedly intensified while Greece and Ireland logged manufacturing growth in November. value reported in October.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

With output contracting for the fifth consecutive month and business optimism reportedly dipping to an 11-month low, the report pointed to cutbacks occurring in manufacturing employment, purchasing and inventory levels globally. Germany reportedly remained the worst performer while faster declines were reported for Italy , Spain and Ireland.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Ireland stood out as the only EU nation to record an expansionary PMI with a value of 51.5. The S&P Global Philippines Manufacturing PMI® in September rose for the first time since June to a value of 52.9.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Morgan indicated in part: “ An improving orders-to-inventory ratio and upward momentum in both new export business and employment all suggest the underlying dynamics of the manufacturing sector are also moving in the right direction. Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively.

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Checklist for working capital management

Supply Chain Movement

Working capital management revolves around inventory, debtors and creditors. Philippines. 10 questions to assess working capital management. Some companies generate cash so quickly that they can even achieve negative working capital. >>Please click on the red button and fill in the fields to activate the green download button.

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Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. A TMS with inventory allocation enables shippers to monitor shipments down to the package level. Philippines. Guinea-bissau. Heard Island and Mcdonald Islands. Holy See (Vatican City State).