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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

In both our summary and perspectives focused on August and July global PMI reporting , we echoed an increased trending toward declining global supply chain production momentum. South Korea. Economists currently warn that these trends are subject to significant change as the rapidly increasing value of the U.S. slipping 0.3

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The Mass Adoption of Cryptocurrency in Countries!

Supply Chain Game Changer

However, there are plenty of benefits to be gained from this trend – while digital currencies offer flexibility and innovation to traditional industries, as per experts, cryptocurrency will be a powerful force in the global economy. Canada is usually a trendsetter in adopting new technologies and trends.

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Supply Chain Shortages Hit the Customer Where it Hurts

Logistics Viewpoints

Zero marks the historical average, and changes in either direction mark standard deviations from that trend. That same year, the H5N6 flu strain struck South Korea, which resulted in authorities exterminating about 17 percent of the national flock of chickens and 28 percent of ducks. in December 2021.

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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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Increased Signs of Weakness in China and a Changing Global Trade Picture

Supply Chain Matters

In this Ferrari Consulting and Research Group Thought Leadership Perspective viewpoint, we highlight added signs of China and global-wide production contraction and the implications of such trending. Even if that was true, the declines imply a trending toward declining demand for Chinese manufacturers. percent this year compared to 5.2

China 52
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Top 6 Wholesale Distribution Trends for 2019

EMERGE App

Business costs will rise for those who are sourcing some or most of their raw materials or goods from China. Meanwhile, shipping costs from other countries are likely to trend higher as longer routes are taken. Less affected are Singapore, South Korea, and Thailand. Before, you simply sourced everything from China.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea. When this happens, you need alternate sources in different regions that can deliver the parts.