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How Europe is Coping with Supply Chain Disruption

Jaggaer

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. In Italy, for example, approximately 150,000 agricultural labourers are from abroad, according to the Italian statistical office, Istat. Adapting to the present and future challenges of COVID-19.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. There are signs of new orders softening- cited in 16 percent of general comments, compared to 17 percent in June- as panelists are increasingly concerned about excessive inventories and record high lead times.”. .

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How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. In South Korea , Hyundai announced the suspension of its production lines due to supply chain disruptions in China.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

Supply Chain Matters provides highlights of March and Q1- 2023 reported global and regional PMI indices which reinforce a state of stabilization within global supply chain networks. However, we discern some added signs excess inventories and of production sourcing shifts. The average Q1 value of this index was 47.1,

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Supply Chain Matters News Capsule Follow-Up September 9 2022

Supply Chain Matters

The report indicates that many economists are already predicting a recession in Germany , Italy and other areas of the Eurozone before the end of this year. Rising interest rates imposed globally run the risk of added dampening of demand and less funds to support vulnerable populations. TSMC ’s biggest market by revenue is the U.S.,

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November 2022 PMI Indices Point to Further Global Wide Production Contraction

Supply Chain Matters

There are additional signs of a global glut in overall inventory levels, yet selective component shortages remain for certain industries. The decline in output was accompanied by a tick down in new orders as rising inventories have put the brakes on production.”. Global Supply Network Price and Supply Indicators.

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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. Of continued concern, manufacturing powerhouses of France , Germany, Spain and Italy each continuing to remain at contraction level PMI values, with the former two regions reaching 27- and 28-month lows.