Remove Japan Remove Malaysia Remove Manufacturing Procurement Remove Procurement
article thumbnail

Global Manufacturing PMI Levels Rise in January 2024

Supply Chain Matters

Global Production Activity Rise Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® began 2024 with output levels rising for the first time in eight months. Output reportedly rose in China , India and Brazil and fell more slowly in the Eurozone , Japan and the United States. increased 1.1

article thumbnail

Considerations for China Plus Supply Chain Sourcing Actions

Supply Chain Matters

The alternative supply chain or ā€œ Altasianā€ is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh. billion in population will be the linchpin of an alternative sourced Asian supply network.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Slight Rise in Global Wide Production Activity Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® was headlined with back-to-back expansion levels in February. The HSBC India Manufacturing PMIĀ® rose from 56.5 Manufacturing Among the two reported PMI reports relative to U.S.

article thumbnail

November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

In our prior highlights and perceptions of September and October published indices , we observed that the numbers once again signaled continued contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. in November.

article thumbnail

Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year.

article thumbnail

Global PMI Levels in July Remain of Concern

Supply Chain Matters

The July numbers signal a continued downturn in global manufacturing conditions with output and new order rates reportedly falling at faster rates. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Manufacturing production reportedly decreased for the second consecutive month.

article thumbnail

Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World

The Logistics & Supply Chain Management Society

These changes can significantly impact supply chains by affecting sourcing strategies, trade routes, and market access. The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains.