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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part One

Supply Chain Matters

Our research advisory report for 2023 begins with a review of the themes of our prior three years of predictions and the derived learning for the supply chain management community. Global manufacturing activity as depicted by the J. Morgan Manufacturing PMIĀ® which began 2022 at an expansionary conditions value of 54.2,

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

percent of global economic growth for the coming year which began with the statement : ā€œ Global economic growth prospects are confronting a unique mix of headwinds, including from Russiaā€™s invasion of Ukraine, interest rate increases to contain inflation, and lingering pandemic effects such as Chinaā€™s lockdowns and disruptions in supply chains.ā€.

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Declared End to the Covid-19 Pandemic- The Supply Chain Learning

Supply Chain Matters

Many supply chain operations workers were declared essential to public health and to emergency response. Online retail has become essential as has online customer fulfillment logistics. Such capabilities will provide added acceleration to logistics in-transit visibility at some point in the near future.

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What Supply Chain Management Should Anticipate in 2024

Supply Chain Matters

Our predictions included that uncertainty in global markets and the likelihood of regional economic and manufacturing recession conditions should be anticipated. Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® November 2023 report remained below the 50.0 percent that occurred in 2022.