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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. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”

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How To Sell Online In The Philippines

Vinculum

The digital retail market in the Philippines has noticed a considerable rise, thereby giving birth to new opportunities for online sellers and small-medium enterprises. from 2020-2024, as per the global data survey by eMarketer and Statista, resulting in a projected market volume of 6,481 million US dollars by 2024. The Overview.

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The Top 15 Omnichannel Retail Trends to Watch in 2022

ToolsGroup

Using shop-by-store features to check inventory availability before going to make purchases in-store. Buying products in-store, then having them shipped to their homes. Inventory Visibility. Today’s retailers are embracing inventory visibility to streamline omnichannel operations. Buy online and return in-store (BORIS).

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Top eCommerce Marketplaces in Southeast Asia

Vinculum

eBay is still a major player for used products at cheaper rate or discounted items in the countries like Malaysia, the Philippines, Thailand, and Vietnam. In contrary, mother-and-baby care product-focused platform, Orami, has a broad range of goods for that segment with free shipping in Indonesia.

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Selling on Lazada as an International Seller – All You Need to Know

Vinculum

And, Lazada is your best bet if you have been eyeing to expand your eCommerce business boundaries in Vietnam, Thailand, Singapore, and the Philippines. Well, it is advised to take an inventory of your product portfolio. You will have to appear a mandatory seller survey. Potential Product Portfolio at Lazada.