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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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Concerns Abound for Europe and Germanyā€™s Manufacturing Sector

Supply Chain Matters

For the specific region of Europe , we noted that the HCOB Eurozone Manufacturing PMIĀ® report for August was headlined with plummeting new orders rates and rapidly depleting backlogs of work across the region. In late May we noted for readers that the German economy and manufacturing sector slid into a recognized state of economic recession.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. What is single sourcing and sole sourcing?

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New Balanceā€™s Added U.S. Manufacturing Presence

Supply Chain Matters

The Supply Chain Matters blog highlights this weekā€™s announcement from athletic footwear designer and manufacturer New Balance of the grand opening of this companyā€™s fifth production facility in North America. In a published Supply Chain Matters at the time , we pointed out that despite knowledge that manufacturing shoes in the U.S.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Global Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. Morgan Manufacturing PMIĀ® , compiled by S&P Global in association with ISM and IFPSM , halted a consecutive five-months of contraction levels to that of no-change. The S&P Global US Manufacturing PMIĀ® had a February value of 47.3,

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October 2022 PMI Reporting Points to Global Wide Manufacturing Contraction

Supply Chain Matters

Supply Chain Matters provides monthly highlight commentary and perspectives on published October 2022 global manufacturing PMI and supply chain activity indices. Now, October reporting data reinforces global-wide contraction levels in production and new orders, along with manufacturing recession conditions now acknowledged for Europe.