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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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Fast Fashion in the Philippines Retail Market

Vinculum

The rise of Fast Fashion in the Philippines. The Philippines also prefers imported clothing and accessories to locally-produced clothing and accessories sold at tiangges since imported Fashion is more appealing and seen as a superior quality to local fare. Philippine Fashion that is ethical and sustainable.

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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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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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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 output index from the PMI survey dipped 0.9 down from the 49.2 value reported for September. in October.

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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. The September surveys offered a few silver linings, including signs of improving supply chain conditions and resilience in the labor market.”. percentage points higher. in September from a 51.7 in August and 52.4

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels.