Global PMI Levels in August Remain Sluggish
Supply Chain Matters provides highlights perspectives and added insights on reported August 2023 global and regional production and supply chain PMI indices. The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall. The three specific regions of concern are the Eurozone, United Kingdom along with Taiwan.
Supply Chain Sourcing Taking on More Geo-Political Significance
The importance and implications of existing or future supply chain management sourcing strategies continue to be brought to light. Geo-political forces surrounding global trade are likely to occupy the attention of many industry supply chain teams, all of whom must be prepared to deal with near or longer-term implications.