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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMIĀ® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.

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This Week in Logistics News (February 19 ā€“ 25)

Logistics Viewpoints

Given low inventories and dwindling spare capacity, the oil market cannot afford large supply disruptions,” said UBS analyst Giovanni Staunovo in a Reuters article. These rising prices can cut into the profits of manufacturers, distributors, and retailers who are reliant on this form of energy for powering their facilities.

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The Evolving ā€˜New Normalā€™

The Logistics & Supply Chain Management Society

left manufacturers and producers in limbo while millions of tons of finished goods were left sitting in containers at ports, at sea, in warehouses and in car parks across the world. Big auto makers now know that without supply chain management, not many units will be produced and sold. will be severely disrupted.

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October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

With the closing of the third quarter, the numbers once again signal added contraction in global manufacturing output as product demand levels weaken. The three specific regions of concern remain the Eurozone, United Kingdom, along with Taiwan. The reported September PMI reported value 49.1 was relatively unchanged from the 49.0

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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

The increased cost of working capital and supplemental inventory levels to mitigate fulfillment risk is likely to revert back to just-in-time inventory management. Manufacturing and Supply Chain Activity Levels- Global-wide manufacturing levels as depicted in the J.P. and the United Kingdom.

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Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyondā€¦.

The Logistics & Supply Chain Management Society

IDC expects spending on Digital Transformation (DX) on the top 5 use cases ā€“ smart warehousing, freight management, optimized operations, supplier network management, and predictive network inventory orchestration ā€“ to hit USD $33Bn in 2022. Source: 2021 FUTURE ENTERPRISE RESILIENCY & SPENDING- Wave 9, September 2021.