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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Global Manufacturing Activity Levels. Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMIĀ® which began 2022 at an expansion value of 54.2, Morgan Manufacturing PMIĀ® which began 2022 at an expansion value of 54.2, Sources; S&P Global and ISM, 2022. has fallen 5.6 has fallen 5.6

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Supply chain shockwaves from the Taiwan earthquake

Resilinc

Following the earthquake, tsunami warnings were sent out in Taiwan, Japan, and The Philippines, but have since been lifted. Taiwan is the global leader in semiconductor manufacturing, producing over 60% of the worldā€™s semiconductors and over 90% of the most advanced chips. magnitude struck off the East Coast of Japan.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

Supply Chain Matters provides our monthly highlights commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Now, with September and full Q3 reporting available, global manufacturing activity has officially fallen below the 50.0 Global Wide Production Activity. represented a 0.5

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Contract manufacturing explained: Everything you want to know

Unleashed

Contract manufacturing is when a business outsources certain manufacturing requirements to another. It is often used by major companies requiring the mass production of goods that find it more financially viable to outsource the manufacturing. Who uses contract manufacturing? How does contract manufacturing work?

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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.

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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.

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Ease the Burden of Labor Shortages and Increase Supply Chain ResiliencyĀ 

Logility

resigned from their jobs in durable goods manufacturing. The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. Roughly 25% of workers plan to change jobs in 2022. In February alone, 22,000 people in the U.S. Itā€™s a global problem. China, which had a worker surplus of 55.2