This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Source: Various published PMI reporting, 2024 and compiled by Ferrari Consulting and Research Group LLC This same global wide indicator ended 2023 at a value of 48.8 At the end of 2024, global production and procurement activity levels are equivalent to the beginning of 2019, the year prior to the Covid-19 global pandemic. (
The cost of recovery from a disruption in procurement management depends on factors such as supply source, volume, manufacturing location and inventory. Supply chains that rely on a single source are now more likely to experience disruptions. Rushing the Launch of New Systems and Protocols.
The bottom three were listed as Poland , Taiwan and Myanmar. . Also highlighted was that purchasing activity, stocks of purchases and finished goods inventories collectively rose in July. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. Select Regional Highlights. United States. down from the 52.7
From California to Connecticut, and Novi to New Orleans, EcoVadis was on the ground contributing to the advancement of sustainable procurement and CSR/sustainability practices in global supply chains during our most active year on record in the US. Ethical Sourcing Forum (New York, NY). AIAG Corporate Responsibility Summit (Novi, MI).
Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs) are designed to boost economic growth through trade by opening markets by way of progressive removal of customs duties, eliminating or reducing trade barriers and tariffs, lifting restrictions on services and even through public procurement. Marshall Islands. Martinique.
Other Asian Nations The S&P Global ASEAN Manufacturing PMI is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The Caixen China Manufacturing PMI , reflective of private and mid-market industries reported an April PMI reading of 51.4, an increase of 0.3
From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The top producing nations by notion of highest PMI levels were noted as India, Indonesia, Myanmar, Greece and Russia. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.
Other Asian Nations The S&P Global ASEAN Manufacturing PMI ® is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines, Singapore, Thailand , and Vietnam. The HCOB Germany Manufacturing PMI® registered a four month high May value of 45.4 compared to an April value of 42.5. The May index of 51.7
Source: S&P Global Intelligence and compiled by The Ferrari Consulting and Research Group 2024 Select Regional and Country Highlights Eurozone Manufacturing Contraction Continues The HCOB Eurozone Manufacturing PMI® report for September was headlined with euro area manufacturing activity falling at its steepest pace thus far in 2024.
Source: JP Morgan and S&P Global Market Intelligence, 2024 Select Regional and Country Highlights India The HSBC India Manufacturing PMI® August report was headlined with India based manufacturers signally substantial but softer increases in new business and production levels. United States The two followed indices of U.S.
New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies. This index is a compilation of seven termed ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia. These nations reportedly account for 98 percent of ASEAN manufacturing value added. by the end of the year.
Various industry supply chain and procurement management teams are obviously going to have to differentiate as to two different narratives presented in these separate reports. China A contrasting picture was further provided by the two widely followed indices related to China ’s production and supply chain support activity.
We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. Contrasting Reporting for U.S. in January, and 49.7
manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. Cost inflation reportedly rose to its highest level in over two years leading to rises in output prices. United States As Supply Chain Matters has observed in prior highlights, the two followed indices of U.S.
Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Commenting on the November data, Bennett Parrish, Global Economist at J.P. value reported in October.
The bottom three were listed as Poland , Taiwan and Myanmar. On the positive side, rates of input cost and output price inflation again eased, similar to that reported for July. The top three regions exhibiting PMI growth were noted as India, Australia and Thailand.
This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. Deterioration Among ASEAN Manufacturers For this highlight of October PMI activity, we wanted to include for our readers the S&P Global ASEAN Manufacturing PMI®.
This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar , the Philippines , Singapore , Thailand , and Vietnam. Improvement Among ASEAN Manufacturers Similar to what Supply Chain Matters highlighted in our November and December PMI highlights, we include for our readers the S&P Global ASEAN Manufacturing PMI®.
Companies like Nike and Disney have publicly stated that they are not going to Bangladesh for apparel sourcing in the future. That’s considered high pay when you look at Myanmar, where people are paid as little as 40 cents to $1.10, but that’s only if they have perfect attendence, meaning coming in seven days a week.
Report authors indicated that the October survey data indicated pointed to European manufacturers again trimming their materials procurement activity levels. Presidential election decided in favor of Donald Trump, new aspects of unknowns are introduced for global wide of domestic production sourcing. level reported for September.
Source: S&P Global and J.P. Other Asian Regions The S&P Global ASEAN Manufacturing PMI , a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam reportedly slipped to an 11-month low in January amid indications of new orders and output moderation levels.
Sources: S&P Global Intelligence, 2025 Commodity Price and Supply Indicators Muted In parallel, The S&P Global PMI® Commodity Price & Supply Indicators report indicated that global price pressures reached a 16-month low in June with supply shortages remaining below long-run trending. The S&P Global U.S. and the April 48.7
Source: S&P Global Intelligence and JP Morgan, 2024 Select Regional and Country Highlights United States The S&P Global U.S. Presidential election decided in favor of Donald Trump, new aspects of unknowns are introduced for global wide trade developments and of domestic production sourcing. for the month.
Noted was that India, Ireland and the Philippines experienced the largest production and PMI growth levels in April while Mexico, Canada, Myanmar and the United Kingdom experienced the highest overall production contractions. Sources: S&P Global Intelligence and various other reported PMI indices. down from the value of 50.8
Administration are becoming either a noted concern or business opportunity area for global based manufacturers and materials procurement teams. manufacturing and procurement activity levels, namely the S&P Global U.S. However, the threats or actual tariff actions by the new U.S. up from 50.4 reported for January.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content