The Services PMI—at 56.9 (a reading of 50 or higher signals growth)—edged out the July reading by 0.2%, growing, at a faster rate, for the 27th consecutive month, with services sector growth intact for 149 of the last 151 months through August.
On this Episode of Frictionless, Bernadine Henderson, Director of Strategic Sourcing and Global Procurement at Protolabs talks to Rosemary Coates about procurement in a prototyping and small-lot environment.
Global e-commerce giant Amazon introduced a new offering, Amazon Warehousing & Distribution, geared towards helping sellers on its platform utilize new purpose-built technologies for bulk inventory storage and automated distribution.
The report’s key metric, the PMI, was 52.8 (a reading of 50 or higher indicates growth), matching the July PMI, growing, at the same rate, for the 27th consecutive month, as well as the 27th consecutive month of overall economic growth.
Clearly, blockchain has great potential here, but now is the time to experiment and launch pilot programs that can have a meaningful impact on organizations in the future.
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