Remove 2018 Remove Freight Remove Lead Time
article thumbnail

Assessing The Rising Input Costs Associated With The Global Pandemic

Donlouco

There is no doubt that there has been an upward trend on metal prices for some time now initially for copper and aluminium driven by the demand for EV’s globally, but this trend has accelerated hugely in recent times and migrated into the steel industry also. Increasing Sea Freight Costs. Fig 2: Source : Financial Times.

Freight 52
article thumbnail

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

Fastener News Desk

Average lead time remained 32 percent above previous trough for capital expenditures and 37 percent for purchased materials; both are too high. “Lead times are returning to normal for most of our suppliers, while some of our smaller suppliers are struggling to remain staffed up enough to keep up with orders.”

article thumbnail

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.