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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

Global Manufacturing Output Levels Strengthen Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended March on an optimistic footing. Of further significance was the March report indication that the rate of growth in global manufacturing output has accelerated to a 21-month high.

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Another Asian Trip and Added Apple Sourcing Options

Supply Chain Matters

Visits to Vietnam , Singapore and Indonesia have featured itineraries that included meeting with governmental leaders, technology users, content providers and other groups. Vietnam Visit Cookā€™s Vietnam visit was headlined by local and global media as pledging to buy or produce additional product components in that country.

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Slight Decline in April Global Production and Supply Chain Activity Levels

Supply Chain Matters

Decline in Global Manufacturing Output Levels Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® declined in April. The April report further indicated that global wide manufacturers are still maintaining an overall outlook that production levels will be higher in the coming 12 months.

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The VF Corporation Invested in Supply Chain Agility Before COVID Made ā€œAgilityā€ the New Buzzword

Logistics Viewpoints

Those goods flowed through three regional hubs ā€“ in Singapore, Panama City, Panama and Stabio, Switzerland ā€“ to 49 distribution centers, 24 of which VF operates. VF had committed itself to largely selling goods to consumers in the same region they are manufactured in. BOMs are critical for sourcing and manufacturing.

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Global Production Levels Falling At the End of 2023

Supply Chain Matters

Global Production Continues to Contract Global-wide manufacturing levels as depicted in the J.P. Morgan Global Manufacturing PMIĀ® ended 2023 on a noted lackluster footing. Manufacturing production reportedly contracted at a slightly quicker pace in December, dashing hopes for a point of stabilization. The December reading of 49.0

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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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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

In our prior highlights and perceptions of September and Q3-2023 published indices , we observed that the numbers once again signaled added contraction in global manufacturing output and product demand levels. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. down from the 49.2