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Global Manufacturing PMI faces further downturn amid slowdown in new orders – JP Morgan

The global manufacturing sector has remained in recession as July saw output fall even more amid the drop in new order intakes, which continued for the thirteenth month in a row, according to the latest Purchasing Manager’s Index (PMI) report from JP Morgan. 
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Why manufacturers are embracing AI-powered smart supply chains

Manufacturers are facing an increasingly volatile environment, where rapid changes in demand, supply chain disruptions, and continued cost pressures are transforming the way products are planned, made, and delivered.