Inside Sourcing report for Mar. 2024
Brands are more optimistic than suppliers ... but overall, there's still a lot of uncertainty in the market.

MARCH 2024

People are leaning heavily into chase orders - and more factories are willing to take smaller orders

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THE SITUATION IN MARCH

Heading at a fast pace toward the end of the first quarter of the year – most people are wondering where the time went!

The sentiment from brands is fairly optimistic.  That’s the good thing about managed expectations.  When you are expecting the worst (a recession, a return of the ‘21-22 logistics nightmare) anything better than that seems good.

Turns out, most major economies have avoided falling into a recession.  And, while freight rates surged in January and February, capacity was available and shipment delays were more predictable and manageable.

 

Inside Sourcing report for March 2024

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