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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

In both our summary and perspectives focused on August and July global PMI reporting , we echoed an increased trending toward declining global supply chain production momentum. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. up from a 47.3 reported for August.

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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. From our lens, this trend is mainly an indicator of seasonal holiday related demand and spending for the traditional holiday quarter.

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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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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Many multinationals have engineered their global supply chains to minimize taxation by creating subsidiaries in low taxation nations like Switzerland, Ireland, and Singapore. Companies who have experienced these delays often add inventory across their network to buffer the risk. This adversely affects a company’s cash flow.

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SKU Rationalization: What Is It and Why Is It Needed?

Vanguard Software

As a result, many organizations end up experiencing greater inventory and holding costs, stacking up additional time and inefficiencies. For example, Unilever found that SKU variance in their UK and Ireland operations accounted for 20% of their inventory but only contributed 5% to their sales. Benefits of SKU rationalization.

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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. The trending likely involves industry-specific dimensions, a good example being high tech and consumer electronics supply network resiliency needs. PMI value in February, the eighth consecutive month of contraction reporting.

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American Software Reports Third Quarterof Fiscal Year 2022 Results

Logility

During the quarter, SaaS subscription and/or software license agreements were signed with customers located in the following 10 countries: Australia, Canada, Ireland, Mexico, Netherlands, New Zealand, Peru, Sweden, United Kingdom and United States. Empresa Siderurgica del Peru SAA, Intertape Polymer Corp., Mustad Netherlands B.V.,