While generally good business news abounds, the Institute for Supply Management® reported in its June 2018 Manufacturing Report on Business® that the supply chain delivery performance was markedly slower in June 2018. “This is the 21st straight month of slowing supplier deliveries that continue to constrain production growth and inventory expansion. Lead-time extensions for production materials, transportation delays, and ongoing uncertainty in the steel and aluminum markets continue to restrict production output” says Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute.
According to the ISM® the 15 industries reporting slower supplier deliveries in June 2018 — listed in order — are: Wood Products; Textile Mills; Computer & Electronic Products; Fabricated Metal Products; Machinery; Apparel, Leather & Allied Products; Paper Products; Petroleum & Coal Products; Transportation Equipment; Food, Beverage & Tobacco Products; Miscellaneous Manufacturing; Electrical Equipment, Appliances & Components; Nonmetallic Mineral Products; Chemical Products; and Primary Metals.
The full text version of the Manufacturing ISM® Report on Business® is posted on ISM’s® website at www.ismrob.org.