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Markforged tips ‘just in place’ to replace ‘just in time’ in Australian manufacturing

Manufacturer's Monthly

Elving pointed out that an estimated 40 per cent of all components used by Australian manufacturers are sourced from China, with a large percentage of the balance coming from other offshore sources. This could substantially reduce the carbon footprint of the freight sector. AM had a role to play here,” said Elving.

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Markforged tips ‘just in place’ to replace ‘just in time’ in Australian manufacturing

AU Manufacturing

Mr Elving pointed out that an estimated 40% of all components used by Australian manufacturers are sourced from China, with a large percentage of the balance coming from other offshore sources. . This could substantially reduce the carbon footprint of the freight sector. . AM had a role to play here,” said Mr Elving. .

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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

With Business Survey Committee panelists reporting softening new order rates over the previous seven months, the December composite index reading reflects companies’ slowing their output. Average lead time remained 32 percent above previous trough for capital expenditures and 37 percent for purchased materials; both are too high.

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers’ Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies.