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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. If something were to happen in Taiwan—like the recent 7.4

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Global Manufacturing Activity Continues Downward Trajectory at the Close of 2022

Supply Chain Matters

Supply Chain Matters provides highlights of both December 2022 and full year reported global PMI indices that at the close of 2022 present a far different picture from the start of the year. Taiwan activity as reflected in the S&P Global Taiwan Manufacturing PMI® eased, rising from a depressed value of 41.6

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

Some regions, particularly Europe, China and Taiwan are more exposed to these product demand constrained forces. The S&P Global Taiwan Manufacturing PMI® i ndex was reported as its lowest level since 2009 by the end of October 2022 while the S&P global Eurozone Manufacturing PMI® fell to a 29-month low.

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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

Significant Deterioration for Taiwan The May S&P Global Taiwan Manufacturing PMI® report was headlined with business conditions across the country’s manufacturing sector deteriorating at a faster pace. The May PMI value of 44.3 dipped a significant 2.8 percentage points from the 47.1 reported in April.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

Taiwan Taiwan’s activity as reflected in the S&P Global Taiwan Manufacturing PMI® March report indicated a milder deterioration in production operating conditions. A prior consensus of a belief that the second half of this year will present more normalcy, now appears uncertain. The March value of 48.6

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January 2023 PMI Reporting Points to Some Signs of Global Wide Easing

Supply Chain Matters

The economy has also yet to feel the full impact of higher interest rates which look set to rise further in the coming month, presenting a potentially challenging outlook for economic growth. Taiwan The January S&P Global Taiwan Manufacturing PMI® declined from 44.6 percent in 2022 which translated to 3.5

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

Global wide production, transportation and logistics activity levels reported for February, but continued rather concerning data related to global transportation service levels and cost. Global and Domestic Transportation and Logistics Indices. Federal Bank of New York. Bob Ferrari.