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
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.”
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Elementum
FEBRUARY 18, 2016
20 Japanese electronics firms were considering to transfer their hubs from China to the Philippines in 2016, due to China’s declining economic growth and rising wages. The Philippines is now ranked next to China, overtaking Thailand and Vietnam. The Philippines is now ranked next to China, overtaking Thailand and Vietnam.
Supply Chain Matters
OCTOBER 4, 2022
The September surveys offered a few silver linings, including signs of improving supply chain conditions and resilience in the labor market.”. The government composite survey that includes which factors both manufacturing and services segments fell to 50.9 The average value of this index for all three months of Q3 was 50.4,
Supply Chain Matters
APRIL 5, 2024
Commenting on the March data, Timothy Fiore, Chair of ISM’s Manufacturing Business Survey Committee indicated in-part: “ Demand remains at the early stages of recovery, with clear signs of improving conditions. The 2024 Manufacturing ISM® Report On Business® reported a March value of 50.3, an increase of 2.5
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.
Supply Chain Matters
MARCH 7, 2023
The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh. One example indicated was that U.S. Foxconn chairman Young Li travelled to both Bengaluru and Hyderabad last week.
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