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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMIĀ® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMIĀ® had a February value of 47.3,

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Shorter Supply Chains are Upending Globalization Patterns

Enterra Insights

Supply chain disruptions during the pandemic highlighted global dependence on Chinese manufacturing ā€” and those dependencies raised serious concerns among China’s trading partners. Near-shoring and Re-shoring Of course, one way to lower risks from trade with China is to move manufacturing elsewhere.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

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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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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

This provides benefits like shorter transportation times and improved inventory efficiency. For example, companies like Apple, General Electric, and Ford have moved some manufacturing back to the US. Key countries that businesses are moving to include India, Thailand, and Vietnam.

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As Inventories and Capacity Expansion Grew Too Quickly in 2022, Customers are Forcing Suppliers to Bear the Brunt of Optimistic Forecasts

NC State SCRC

Moreover, Amazon refused even to discuss the situation in good faith with Gilimex, locking Gilimexā€™s CEO and management team out of Amazonā€™s headquarters in North Reading, Massachusetts after the Gilimex team had traveled thousands of miles from Vietnam for a meeting.”

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

The Supply Chain Matters blog highlights February global manufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Morgan Global Manufacturing PMIĀ® report, a composite index produced by J.P. The IHS Markit Manufacturing PMIā„¢ reported a value of 57.3