Remove Manufacturing Remove Sourcing Remove South Korea Remove Warehousing
article thumbnail

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 August S&P Global US Manufacturing PMI™ again fell to a two-year low of 51.5, The August 2022 J.P.

article thumbnail

This Week in Supply Chain Management Tech July 14 2022

Supply Chain Matters

battery production site for Panasonic, and completion of Series D funding round for on demand warehousing provider Flex e. The state reportedly has an established battery manufacturing presence with seven establishments employing upwards of 1,300 workers. Other battery manufacturers that have elected to invest in U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 6 Wholesale Distribution Trends for 2019

EMERGE App

They range from small-batch soap manufacturing to the distribution of sports car parts. It firmly cemented China as the world’s manufacturing hub. The voracious appetite of US consumers for goods — from Apple products to Xmas trees — saw China become the de facto manufacturer of consumer goods.

article thumbnail

Helping You Plan Ahead During the Coronavirus Outbreak

CH Robinson Transportfolio

We continue to see elevated cases in developed nations that have a heavy reliance on manufacturing outside of the U.S., Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand. Backup sourcing options. and Europe.

article thumbnail

More Evidence of Supply Chain Cost Inflation Impacting Various Industries

Supply Chain Matters

Company executives cited good progress in addressing the previously acknowledged overbuild of customer fulfillment and warehousing capacity while overall number of employees was reduced by 6 percent. The manufacturer has now reduced its expectations for industrywide smartphone shipments to flat or minimal growth.

article thumbnail

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. In South Korea , Hyundai announced the suspension of its production lines due to supply chain disruptions in China.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Source: Consultancy.UK. Image source: Fortune. Consultancy UK).