Sharper deterioration in global demand for raw materials and components sees spare capacity at suppliers rise further in may: gep global supply chain volatility index

The latest data indicates fresh and broad-based signs of economic weakness as we head into the second half of 2023 companies continue to make their stockpiles leaner amid weak demand and improve the supply of items supplier capacity goes underutilized in all major markets, especially north america, regional data shows clark, n.j. , june 13, 2023 /prnewswire/ -- the gep global supply chain volatility index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs — indicates that global suppliers now have the greatest level of spare capacity since the height of the covid-19 pandemic three years ago.
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