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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

However, the lessons garnered during the pandemic will likely drive inventory management toward less of a dependency on global-wide sourcing and more toward product postponement sourcing and customer fulfillment strategies. Global trade was reportedly set to contract by 5 percent in 2023 compared to 2002, amounting to upwards of $30.7

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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit. Visit www.ToolsGroup.com and follow us on Twitter @ToolsGroup. About Spinnaker.

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Steel Tariff Proposition: Will It Work?

Elementum

government began working on a proposition in June to impose tariffs and fines on foreign-sourced steel , suggesting that all pipelines operating on American soil use only American-sourced steel. The proposed tariff policy hinges primarily on two things. After unsuccessful dialogue with China in April, the U.S. national security.

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Snapshot of 2023 Predictions for Industry and Global Supply Chains- Part One

Supply Chain Matters

Downside risks that include monetary policy miscalculations, an uncertain outcome to the ongoing Russia-Ukraine conflict and further supply network disruptions as a result of more far-reaching spread of Covid variant infection rates across China. Global trade slowing to one percent from an estimated 3.5 percent in 2022 and 9.7 a 30-month low.

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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. Narrow Framing : poor framing is the most common and value destructive source of decision failures, with narrow framing the most problematic frame trap.

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Intelligent IBP: A Need for Decision Centricity

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. Narrow Framing : poor framing is the most common and value destructive source of decision failures, with narrow framing the most problematic frame trap.

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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Palmatier and Crum (2002), Coldrick, Ling, and Turner (2003) and Bob Stahl (2009) all assert that S&OP is first and foremost an executive decision-making process. This role will shift to having a more architectural overview about what internal and external data sources impact the plan and how they are integrated.