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

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Further concerning was that the volume of warehouse finished goods inventories rose to the greatest extent in four months. Counties reaching PMI new highs were noted as Greece and Spain with Italy having expansion level activity levels in March.

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ToolsGroup Congratulates Three Customer Recipients of Supply & Demand Chain Executive’s 2021 Women in Supply Chain Award

ToolsGroup

Sarah Voorhees has spent the last 12 years of her career in supply chain leadership roles, where she’s reimagined demand and supply planning and inventory management practices at consumer goods and distribution companies. It began with optimizing the use of ToolsGroup supply chain planning software to improve RAJA’s customer service levels.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Of continued concern, manufacturing powerhouses of Germany, Spain and Italy each remain at contraction level PMI values. Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . Uncertainty remains a keen factor in planning and resource assessments. Bob Ferrari.

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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 Wide Production Activity.

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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.

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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. Likewise, consumer goods related industry segments would want to believe that inventory over hangs are being resolved and that inventory replenishment buying cycles are soon in the cards.