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Local sourcing – is it for everyone?

Procurement Academy

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

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Local sourcing – is it for everyone?

Procurement Academy

In the 1970s and 80s, savvy organizations began to realize that they could make significant savings by sourcing raw materials and parts from markets such as Taiwan, Singapore, and China. However, cost and competition still need to be at the forefront of supply chain and procurement decision-making, or the business will suffer.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The Supply Chain Matters blog provides commentary relative to July’s global manufacturing PMI indices relative to data indicating declining momentum, and some contraction among specific global regions. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. Global Wide Production Activity. The July 2022 J.P.

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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 PMI® which began 2022 at an expansion value of 54.2, Morgan Manufacturing PMI® 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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The Single Point of Failure in Supply Chain – Semiconductor Fabrication!

Supply Chain Game Changer

I am a proponent of dual sourcing. The vulnerabilities with sole sourcing are very real. Car manufacturers were experiencing a shortage of the computer chips which are now an extensive part of the makeup of any vehicle. Most of the semiconductor fabrication is now conducted in Taiwan and China, not the United States.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

Supply Chain Matters provides our commentary and perspectives on published monthly global manufacturing PMI and supply chain activity indices. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The bottom three were listed as Poland , Taiwan and Myanmar. Global Wide Production Activity. United States.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P.