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Supplychain and procurement leaders must now navigate an increasingly complex regulatory environment, balancing cost efficiency with risk mitigation. based manufacturer may purchase components from a domestic supplier, believing theyre shielded from tariffs. For instance, a U.S.-based
While the pandemic has given procurementmanagers fresh ammunition to advocate for greater resiliency within their corporate supplychains, geopolitical experts and a bipartisan coalition of legislators argue that the U.S. and Mexico moves on land,” he said. This is alarming.”. From ships to drones.
SupplyChain Matters provides highlights and perspectives on reported June 2023 and Q2-2023 quarterly global and regional PMI indices. The June numbers signal renewed contraction of global wide production within global supplychain networks. The June reported value of 48.8 value reported for May.
SupplyChain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supplychain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. reported for July and 48.8 reported for June.
Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The report pointed to underlying fundamentals remaining weak as new order volumes stagnated while business optimism was note as falling to a reported two-year low. reported at the end of March, and a 52.3 value reported for May.
But between new proposed legislation, public sentiment and tariffs, responsible supplychain leaders will have to consider if and how they will want to alter their supply lines. The move from China, even if to other more reliable-in-a-crisis countries like India, Mexico or Singapore, will come at considerable cost.
Opportunities to rethink and/or realign supply network strategies, buffer an over-reliance on China or single sourced deemed strategic suppliers, provided the context for augmenting added resilience and necessary agility needs. The beneficiaries have been India and Vietnam from an Asia perspective and Mexico from a near-shoring perspective.
Prediction Background In our prior published 2023 and subsequent 2024 research advisories, we had previously predicted that businesses and their strategic supplymanagement teams were already executing termed China Plus sourcing actions as a means for increased supply network resiliency. billion in funds.
With corrected vision, here is the supplychain and logistics news that caught my attention this week: Longshoreman Union Leader Stalls Planned Work Shutdown (WSJ – sub. Mexico Warns U.S. As Tim Higgins reports in the Wall Street Journal : As a legal dispute ensnares Uber Technologies Inc.’s
However, global and regional production and purchasing activity as measured by the J.P. Morgan Manufacturing PMI index has included a four month (July through October) long sequential contraction in production levels and reported a neutral 50 mark at the end of November. Global growth is projected to be 3.2 Prior to the U.S.
These predictions mostly seem obvious. I got a pitch from the PR firm representing Everstream Analytics that was different. Everstream Analytics is sitting on a vast trove of risk data. The company applies AI and other analytics to this data to provide supplychainriskanalytics and insights to its clients.
After a series of conflicting reports this weekend as to whether the previously announced U.S. import tariffs focused on Canada and Mexico would go into effect tomorrow, the latest Trump Administrations announcement indicates they will plow ahead. In all, the scope of such actions apply to a reported $1.5 Over the weekend, U.S.
In our continuing global assessment series, SupplyChain Matters provides readers with highlights of the November 2024 monthly reported global and regional wide PMI activity levels. Global Wide Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. reported for October. for the month.
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