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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Commenting on the November data, Bennett Parrish, Global Economist at J.P. value reported in October.

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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.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

Germany reportedly remained the worst performer while faster declines were reported for Italy , Spain and Ireland. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. percentage point increase from the 44.3 value reported for September.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Ireland stood out as the only EU nation to record an expansionary PMI with a value of 51.5. In this developing region category, we want to make mention of countries reporting increased levels of demand which we believe are a likely sign that businesses are actively seeking alternative sourcing of supply network needs. up from a 47.3

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. Stronger performance was noted for Greece and Ireland , both reporting 24 and so month highs, respectively. Contrasting Reporting for U.S. in February compared to 50.3 in January, and 49.7

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FedEx Announces New March 2022 International Shipping Surcharges

Intelligent Audit

Parcel and freight exports from Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam to Europe, MEISA, LAC 3 , and some APAC countries and territories 6 – Increasing $0.10 Parcel and freight exports from South Korea, Taiwan to Europe, MEISA, LAC 3 , and some APAC countries and territories 5 – Increasing $0.10 per pound or $1.20

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Is Logistics Outsourcing Right for Your Company?

Supply Chain Movement

From local truck transportation to global supply chain management systems, from produce sourcing to consulting based on practical experience to outsourcing, C.H. Philippines. Integrated technology gathers data from all parts of the supply chain and provides full visibility to orders and costs. Guinea-bissau. Iran, Islamic Republic of.