May 2022 Volume 4

OPERATIONS & MANAGEMENT

Figure 1: Prior to November 2020, forging orders are normally equalized by shipments. The widening gap between bookings and shipment indices is evidence to suggest supply chain constraints have impeded forgers’ ability to fulfill the demand for forged product.

Ian Stringer VP – Data Strategy The Association for Manufacturing Technology Phone: 703-827-5209 Email: istringer@amtonline.org

Figure 2: Shows a significant positive relationship between IP for Construction Steel and Forging Shipments (O&S) Survey.

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