Inside Supply Management

1 week ago | ismworld.org | Sue Doerfler

Given the disruption that the enactment of tariffs is causing, it’s apparent that many organizations didn’t take the lessons learned from the coronavirus pandemic completely to heart. That lesson: Resilience is key. But there’s a misconception when it comes to resiliency, says Al Mendoza, principal — supply chain and operations at EY. Most people think of it in terms of tangibility.

2 weeks ago | ismworld.org | Sue Doerfler

The Trump Administration has announced it will impose additional tariffs on China (on top of the several sets of already levied tariffs) since the county did not withdraw retaliatory tariffs it had slapped on the U.S. The additional tariffs — which would raise the total to at least 104 percent on Chinese goods coming to the U.S. — are slated to be effective Wednesday.

2 weeks ago | ismworld.org | Dan Zeiger

The Hospital ISM® Report On Business® for March indicated that patient traffic can slow even as seasonal respiratory ailments remain prevalent, with economic uncertainty impacting the health-care decisions of many consumers. The Hospital PMI® registered 51 percent, down 5 percentage points compared to the previous month. A combined 23-percentage point drop in the Business Activity, New Orders and Backlog of Orders indexes exemplified the magnitude of the reduction in volumes.

3 weeks ago | ismworld.org | Dan Zeiger

In the January/February issue of Inside Supply Management®, Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee, said the sector is on a growth trajectory — as long as there isn’t a shock to the system. “If there’s a negative shift, there isn’t a lot of cushion,” he said in the magazine’s annual economic outlook feature.

3 weeks ago | ismworld.org | Dan Zeiger

On the eve of an announcement of reciprocal duties on imported products that the Trump administration is touting as “Liberation Day,” the Manufacturing ISM® Report On Business® data for March revealed the degree that companies are already tariff weary. The Manufacturing PMI® reading of 49 percent released on Tuesday indicated that recent momentum has stalled, with the sector returning to contraction territory after two months in expansion.