article thumbnail

Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan. From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The inventories index decreased 2.1 manufacturers are continuing to draw down inventory levels.

article thumbnail

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. and the United Kingdom. The first four of these scenarios have the likelihood of consequent added impacts for global and industry supply chains in 2024.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Backorder, March 20 2024

Unleashed

Avoid having too much capital tied up in inventory; use stock optimisation software to set optimal min and max levels based on historical data and sales trends. This will help you slash your inventory and storage costs in one fell swoop. Optimise your reorder points. Lease big ticket items. Always full of perspective.”

article thumbnail

RS Integrated Supply Joins Signatories of UK’s Armed Forces Covenant

Synovos

We stock more than 750,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to 1.1 o In some circumstances special treatment may be appropriate, especially for the injured or bereaved. million customers.

article thumbnail

September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

The three specific regions of concern remain the Eurozone, United Kingdom, along with Taiwan. Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. The reported September PMI reported value 49.1 was relatively unchanged from the 49.0 reflecting a 0.4

article thumbnail

Prepare for Anything: Supply Chain and Ecosystem Predictions for 2022 and beyond….

The Logistics & Supply Chain Management Society

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

article thumbnail

New Balance Has Plans for Added U.S. Manufacturing

Supply Chain Matters

and one in the United Kingdom , with a reported $5.3 sourcing product development and production strategy. The company clarifies that while it’s MADE U.S. premium footwear collection make up a limited portion of U.S. sales, the supply network has domestic value of 70 percent of greater. billion in sales reported for 2022.