>ISM Manufacturing PMI (September 2021): PMI September 2021.pdf 
Download PMI September 2021.pdf
Many organizations and investors use the Purchasing Manager’s Index (PMI) to indicate the economy’s health and/or their industry.
>INVESTOPEDIA provides a brief overview of the PMI at the following link on YouTube: https://www.youtube.com/watch?v=2uEIJSp0By4 (Links to an external site.)
Please review the assigned materials before answering the questions below:
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- Based on the PMI, please summarize the manufacturing sector’s outlook in the United States (1-2 paragraphs). Which sectors are likely to do best in 2022? Why?
- Based on overall inventory expectations reported in the PMI for the United States, is the total cost of ownership likely to increase or decrease for suppliers and manufacturers? Why?
- Based on the September 2021 Manufacturing PMI report, how can collaborative cost management of inventory for manufacturers in the United States be managed over the next year?
- Please provide an insightful question about the PMI or Strategic Cost Management.
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