Supply Chain Matters
FEBRUARY 2, 2023
The few pockets of production expansion were noted to be within Asia , including India, Indonesia, Thailand and the Philippines. Fiore, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee indicated in part: “ The U.S. rising one percentage point from the 47.8 value reported for December 2022.
Supply Chain Matters
DECEMBER 4, 2023
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. Commentary from Anthony Fiore, Chair for ISM’s Business Survey Committee noted in-part: “ The U.S.
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Supply Chain Matters
APRIL 5, 2024
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.
Supply Chain Matters
JANUARY 8, 2024
Commenting on the outlook for 2024, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence noted in part: “ Given current order book trends, the overall picture from the survey is one of supply exceeding demand for many goods, which points to downside risks to production, employment and prices as we head into 2024.”
Supply Chain Matters
NOVEMBER 6, 2023
The output index from the PMI survey dipped 0.9 The downturn in new orders also extended to 16 months, a survey-record sequence of decline.” Commentary from Anthony Fiore, Chair for ISM’s Business Survey Committee noted in-part: “ The U.S. Morgan indicated in-part: “ The global manufacturing sector remained downbeat in October.
Elementum
SEPTEMBER 23, 2017
Varieties of produce and livestock can be sourced from anywhere in the world; mangoes harvested in the Philippines could be sold in the US, or rice grown in China may be packaged in Vietnam and sold in different countries in the UK. Specialized handling and packaging are also necessary for a lot of fresh products.
Supply Chain Matters
MARCH 2, 2023
That stated, February’s activity appears to have regional specific connotations with upturns in production volumes across areas of Asia , specifically the ongoing re-opening of China ’s manufacturing sector, and upturns in India , the Philippines and Thailand manufacturing and supply chain activity levels.
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