A watered-down “Buy America” provision will be part of the U.S. stimulus package. Yesterday, on Meet The Press, senior White House adviser David Axelrod took pains to note that the provision respects U.S. treaty obligations. The text backs up Axelrod’s assertion. Practically speaking, then, the “Buy America” provision will not have much of an effect […]
On Monday, Bloomberg reported that lots of Chinese toy suppliers went out of business in 2008. Not surprising, given the various product safety incidents of the last few years, as well as the general economic downturn. The real question is, what lies ahead for toy suppliers, and the companies that work with them? To answer […]
These days, we’re receiving lots of questions about risk, how to identify it, and how to manage it. Over at Supply Chain Management Review, you’ll find some initial thoughts on how to use data to identify and manage risk. Specifically, I explore the strengths and weaknesses of financial data, operational data, and on-the-ground intelligence. Not […]
In today’s New York Times, there’s an interesting article by Keith Bradsher about workers in China that are struggling to find jobs as exports falter. Citing information from an industry association, Bradsher writes that “many plants have deferred reopening for up to three weeks for lack of orders from the United States and Europe.” Will […]
Panjiva’s latest analysis confirms that weakening demand in the U.S. is having economic repercussions around the globe. Our research team took a look at changes in the number of companies — across all industries — that are shipping goods to U.S. customers. The numbers are not encouraging: In October of 2007, approximately 179 thousand companies […]
A week ago, Panjiva released data showing that the economic downturn is decimating suppliers around the world, and we introduced new tools to help companies cope with the associated risk. We appreciate the interest so many people have shown (see links to some of the coverage below). We’ll be back with much more in Q1. […]
On Monday, we released data showing the extent to which the economic downturn is decimating the global supply base. Specifically, our analysis showed that there are fewer suppliers actively serving the U.S. market, and, of those that are active, many have suffered an alarming decline in the volume shipped to U.S. customers. We’ve received questions […]
To get a sense of the impact of the economic downturn on global suppliers, the Panjiva research team took a look at the shipment data that we track, clean, and analyze on a continual basis using our proprietary algorithms. The data suggest that the economic downturn is decimating suppliers. Consider what we found in the […]
Two interesting articles by James Morrissey: 1) The first notes that Chinese authorities are providing assistance to struggling factories — and that this assistance is leading some to call for action against China when quotas disappear at the end of this year. 2) The second notes that the Bush Administration sees no reason to keep […]
Over at IndustryWeek, you’ll find Panjiva’s thoughts about how to respond to price increases in China. Given all the trouble that Chinese factories are having, are price increases really still a problem? So far, yes. Declining demand is leading to factory closures (see previous post), NOT downward pressure on wages. Our IndustryWeek piece evaluates three […]
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