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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. along with Vietnam, Thailand and Indonesia. Growth expansion has returned across China and the U.S. percentage points from the 46.5 reported for February, and 0.5

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part Two

Supply Chain Matters

2023 Prediction Three: More Direct Control in Strategic or Tactical Multi-tiered Direct Materials Sourcing will Continue to be a Prominent Element of Business Strategy for Chief Supply Chain or Chief Procurement Officer Efforts. . In this Part Two posting, we provide highlights to Prediction Three outlined in our advisory. Canada or Mexico.

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Three Examples of Ongoing Supply Chain Disruptions Impacting Business Operational and Financial Performance

Supply Chain Matters

In 2021, Nike experienced discernable production and transportation disruptions for products sourced in Vietnam as suppliers struggled with Covid-19 lockdowns, labor and transport shortages. Business media reporting points to challenges in sourcing private label goods, including longer lead times, coupled to factory disruptions.

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Global Supply Chain Activity Levels Reportedly Decline in May 2022- Signs of a Changing Tide

Supply Chain Matters

An accompanying report commentary noted in-part: “ Notably, expectations of continued supply chain difficulties, rising costs, the Russia-Ukraine war and tighter pandemic-related restrictions in mainland China meant that firms are now anticipating a fall in output over the next twelve months. The reality that U.S.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China. The IHS Markit Vietnam Manufacturing PMI® rose again to a level of 54.3 The Flexport Ocean Timeliness Indicator tracks average ocean container shipping transit times.

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Apple’s UnfoldingChina Plus Sourcing for iPhone Production

Supply Chain Matters

Such actions were to include mitigation of risks related to China based sourcing, which is now commonly referred to as a China Plus sourcing strategy. That was followed by a public acknowledgement from CEO Tim Cook that the company’s 60 percent sourcing of various production within the country was too much.