The April PMI is 1.5% above the 12-month average of 47.7, with March’s 50.3 marking the high over that period and June 2023 marking the lowest, at 46.4.
Building resilient supply chains requires trust, and the World Trade Centers is helping foster that with locations around the globe, connecting companies with local resources.
The passage of a U.S. aid package for Israel and Ukraine comes at a time of an expected increase in commercial aviation manufacturing, adding further pressure to aerospace and defense supply chains.
If demand for a product suddenly spikes, can your business handle it? St. Onge’s Kira Bilecky recently explained why a good S&OP process can ensure the business is ready.
The Services PMI, at 51.5 (a reading of 50 or higher signals growth), fell 1.2% in March, while growing, at a slower rate, for the 15th consecutive month.
Wednesday, April 3, 2024 · Madeleine Lee and Kamran Iqbal Siddiqui
Cutting-edge data analysis and predictive modeling techniques are revolutionizing the FMCG industry, helping companies prevent stockouts, improve case fill rates (CFRs), and boost resilience in a volatile market.
The report’s benchmark metric, the PMI came in at 50.3 (a reading of 50 or higher indicates growth), topping March’s 47.8, and contracting after 16 months of declines. ISM added that the overall economy grew, at a faster rate, in March, for the 47th consecutive month. The…
BigCommerce VP of Business Development and GM of Shipping Matt Crawford sees the retail supply chain from many angles. He joins Supply Chain Management Review to discuss the state of the supply chain, e-commerce and the last mile in this 6 Questions With … feature.
Retailers are notorious for either having too much or too little stock, but new technology and data collection may be the answer to getting inventory just right.
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