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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The Manufacturing PMI ® registered 49.1 A Manufacturing PMI ® above 42.5 manufacturing sector continued to contract, though at a marginal rate compared to December. TEMPE, Ariz. , Feb. Fiore , CPSM, C.P.M.,

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Most resins saw prices drop in December

Plastics News

That drop came from a 1-cent downward move for polymer-grade propylene feedstock and from buyers taking back 3 cents in margin, according to market sources contacted by Plastics News. It is the first major PE manufacturing complex in the Northeastern U.S. Polypropylene prices declined by an average of 4 cents per pound for the month.

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Embrace Disruption: The Supply Chain

Fabricating & Metal Work

The ultimate manufacturing supply chain disruptor was the arrival of the global pandemic of 2020, which is still affecting the timely delivery of products, noted Leigh Chesley the Chief Customer Officer of Longbow Advantage Inc. Delivering components and parts to customers in a timely manner is more critical than ever. Excelta Corp.,

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What Every Multinational Organization Should Know About. Customs

Foley

For companies that operate, source from, or sell goods, software, or services across borders, legal complexities abound. Customs and Border Protection is not only the second-largest source of revenue to the U.S. The international trade and regulatory environment never has been more difficult for multinational corporations to navigate.

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

Fastener News Desk

4, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in December for the second consecutive month following a 29-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. TEMPE, Ariz. , Jan. Fiore , CPSM, C.P.M., percent, 0.6

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

Fastener News Desk

1, 2022 /PRNewswire/ — Economic activity in the manufacturing sector grew in July , with the overall economy achieving a 26th consecutive month of growth , say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. percentage point impact on the Manufacturing PMI ® calculation.

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What is supply chain?

Fastener News Desk

A supply chain includes all the raw materials and parts that are made into a product and distributed up the chain for manufacture and sale. In a survey of more than 400 global manufacturers , more than 90 percent of respondents said Industry 4.0 Service levels are five to 20 percentage points higher.