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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Output reportedly rose in China, India, Brazil and the United States , while declines continued in the Eurozone , Japan and the United Kingdom. We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. The February 2024 reading of 50.3

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.” declined 0.7

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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 October PMI reported value fell to a three-month low of 48.8, down from the 49.2 value reported for September.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

and the United Kingdom. The pivotal turning point in the inventory cycle is a key factor for initiating a recovery. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. by the end of the year.

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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. On a regional basis, Europe reportedly remained a principal drag on global factory output, along with contracting output in Japan and the United Kingdom.

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Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. By consolidating at the source, several shipments can be combined into one, thereby reducing the number of shipments even before the shipments arrive at the Logistics Service Provider (LSP).

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10 questions about the benefits of S&OP for your organisation

Supply Chain Movement

However, there must be consensus within the organisation about definitions and the right source of information for important reports. United Arab Emirates. United Kingdom. United States. United States Minor Outlying Islands. Anticipate. The added value of S&OP varies from one company to another.

S&OP 60