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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

In both our summary and perspectives focused on August and July global PMI reporting , we echoed an increased trending toward declining global supply chain production momentum. The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. South Korea.

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Supply Chain Shortages Hit the Customer Where it Hurts

Logistics Viewpoints

Zero marks the historical average, and changes in either direction mark standard deviations from that trend. That same year, the H5N6 flu strain struck South Korea, which resulted in authorities exterminating about 17 percent of the national flock of chickens and 28 percent of ducks. in December 2021.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

This then provides new insights for faster decision-making, automated planning, and the elimination of time, inventory, and risk throughout your supply chain. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . . South Korea.

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Top 6 Wholesale Distribution Trends for 2019

EMERGE App

Meanwhile, shipping costs from other countries are likely to trend higher as longer routes are taken. Less affected are Singapore, South Korea, and Thailand. Only South Korea, Indonesia, and Myanmar may see a muted effect in switching away from Chinese exports. They may not be able to handle the jump in shipments.

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Samsung Electronics 2023 Financials-Weakest Profitability in a Decade

Supply Chain Matters

Financial Performance South Korea based key supplier of high tech and smartphone semiconductor and memory devices, Samsung Electronics, reported disappointing Q4 and 2023 full year financial performance results. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover.

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory!

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