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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Governments including Canada , Germany , and the United Kingdom have enacted special legislation in these areas.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

and the United Kingdom. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia. by the end of the year. A prior downturn in Vietnam moderated during December.

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

United Kingdom In the dependent region of the United Kingdom, the S&P Global/CIPS UK Manufacturing PMI® posted a value of 44.8, 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

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. In the dependent region of the United Kingdom , the S&P Global/CIPS UK Manufacturing PMI® deepened to a seven month low of 45.3 Germany’s July PMI activity level was the worst performance since May 2020.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

On a regional basis, Europe reportedly remained a principal drag on global factory output, along with contracting output in Japan and the United Kingdom. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. percentage point increase from the 49.6

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Output reportedly rose in China, India, Brazil and the United States , while declines continued in the Eurozone , Japan and the United Kingdom. United Kingdom manufacturers additionally pointed to the ongoing Red Sea shipping crisis leading to added supply disruptions. The February 2024 reading of 50.3

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New: Global Trade Map 2016

Supply Chain Movement

Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. United Arab Emirates.