Supply Chain by the Numbers: Week of January 7 , 2010

-January 7, 2010


This Week’s Supply Chain by the Numbers – China Overtakes Germany, Walmart Finds more Savings, Diesel Pricing and Manufacturing Growth


The Supply Chain and Logistics Numbers Worth Knowing This Week: China's Relentless Rise, Walmart get Smiley over Procurement Savings, Predictions for Diesel Pricing, and the Good Manufacturing News Continues



China's new spot in terms of total export of goods, moving up from #2 to over take former number 1 Germany. Through the first 10 months of 2009, China exported $957 billion in goods, versus $917 billion for Germany, and nothing is expected to change those results when the last two months of the year are tallied. The US is the number 3 exporter.




The amount in procurement spend a Walmart executive says the retail giant can save through a new strategy for global procurement, depending on the product category. Walmart intends to greatly eliminate buying through sourcing intermediaries and to centralize many global procurement functions.


Number of consecutive months that the Institute for Supply Management's Manufacturing Index for new orders has been above a score of 50, indication economic expansion. The Production index has been above 50 for seven consecutive months, both based on numbers released this week by ISM.


The retail price of diesel fuel that the Federal Reserve Bank of Dallas recently predicted truckers would find at the pump in June of 2010, using a newly revised model. That would be up 41 cents from when the model was released last month, but with oil prices rising diesel prices are already near $2.80 per gallon this week.