The J.P. Morgan Global Manufacturing Purchasing Managers’ Index registered a score of 48.7 during July, matching the index’s lowest level since June 2020.
In a purpose-driven supply chain, everyone understands the purpose behind what they do every day, and how they bring value to the consumer, according to Lori Shaffer, VP of global nonwovens at Kimberly-Clark.
The U.S. needs to get to a place where it's easier for factories and mines to source battery materials, says Gene Berdichevsky, the co-founder of Sila Nanotechnologies.
Getting started on digitizing your supply chain might seem intimidating, but it can all come together pretty quickly, says Jaymie Forrest, president and CEO of Activ Technologies, Inc.
“More restrained” supplies, further easing of restrictions on U.S. exports, and potentially lower grain costs are all expected to contribute to an improved outlook.