shortages, warehouse, manufacturing,

U.S. Manufacturing’s Humming—Except for Shortages and Tariffs

U.S. manufacturers that rely on access to electronic components are on the brink of not being able to fulfill their customers’ orders. But manufacturing is still humming: The Institute for Supply Management’s leading factory index, the PMI, increased by 1.4 percent in May to 58.7. However, comments from the computer and electronics sector indicate OEMs…

ISM: Manufacturing Growth Slows in April

(Tempe, Arizona) — Economic activity in the manufacturing sector expanded in April, and the overall economy grew for the 108th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing…

manufacturing growth

Manufacturing Activity Slows as Tariff Concerns Grow

U.S. electronics companies are feeling the pressure of widespread component shortages, according to the Institute for Supply Management’s latest report. Although the overall U.S. manufacturing index — the PMI — remains robust, supply constraints and extended lead times have caused some computer and electronic companies to delay or even miss sales opportunities. “Supply constraints, extended lead…

How Businesses Can Control Costs in an Uncertain Trade Environment

U.S. trade policies are making headlines as the Trump Administration re-examines international trade agreements and implements tariffs on imported steel and aluminum. Cost increases in raw materials, trade compliance or the transportation of goods disproportionally impact small and midsized businesses, according to research by Freightos, an online freight marketplace. Among companies that import infrequently –…

Electronics Manufacturers Favorable on Tax Reform

U.S.-based supply executives are receiving the Tax Cuts and Jobs Act (TCJA) of 2017 favorably. The tax reform, signed into law by President Donald Trump in December, will have a positive impact on U.S. manufacturers’ organizational, strategic and tactical considerations, managers said. The Institute for Supply Management conducted a special survey to gauge members’ familiarity…