Week 14 in Manufacturing News
U.S., Europe, China and Japan PMI
- In the U.S., the rate of expansion in manufacturing was the weakest since June 2017.
- Eurozone manufacturing readings were much worse than expected last month, as factory activity contracted at the fastest pace in nearly 6 years.
- China’s manufacturing sector returned to growth in March.
- Japan’s Nikkei-Markit manufacturing PMI for March capped the worst quarterly performance in the sector since the second quarter of 2016.
U.S. manufacturing rebounds in March, ISM index shows
American manufacturing recovered a bit in March after hitting a two-year low in the prior month. The Institute for Supply Management said its manufacturing index rose to 55.3% last month from 54.2% in February.
UK manufacturing growth vulnerable to post-Brexit tariffs
The recovery of UK manufacturing has relied heavily on growth in just four industries –
Source: Financial Times.
Oracle ERP lawsuit underscores installation hardships for big systems
The ERP lawsuit by Worth & Co., over its $4.5 million
According to the survey of 249 enterprises, only 27% reported a positive ROI within two years of implementing an ERP system, 43% reported that they broke even, and 30% reported a negative return on investment.