Logistically Minded: March saw tight timelines, high production efficiency in strong economy

Theories for the slowdown presented last week include a forecasting error due to a mid-week winter storm in March and the sales effects of higher prices and order backlogs. Beyond overall production numbers, the report shows order backlogs, new orders and prices continue to grow while supplier deliveries slow and inventory levels contract faster. In other words, March, like February, saw businesses operating at high levels of efficiency and tighter production timelines.

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