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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. The reported value of 49.4

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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. The output index from the PMI survey dipped 0.9 down from the 49.2 value reported for September. in October.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The August data indicated that Greece and Ireland were the only two countries to record production improvements during August. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels. The reported August value was 43.5, reflecting a 0.8 Continued Contraction Levels for the U.S.

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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. The September surveys offered a few silver linings, including signs of improving supply chain conditions and resilience in the labor market.”. up from a 47.3 reported for August. percentage points higher.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain. We addressed that movement in our prior highlights of latest China Business Climate Survey Report from the American Chamber of Commerce of China. PMI value in February, the eighth consecutive month of contraction reporting.

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A World in Flux: Global Supply Chain Predictions for 2021

ToolsGroup

So going into this new year, clearly, everything—all the data, all the survey data, everything—aligns to the fact that there’s going to be a lot of emphasis in this area. In some cases, Amazon does their inventory management and their actual customer fulfillment. now wants to push back on the Northern Ireland provisions of this.