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Will the Downturn Signal an Upturn?

Supply Chain Shaman

As the markets plummet, it is time to remind ourselves that demand is not a forecast. Traditional forecasting approaches are not adequate in a time of market volatility. In the real world, companies operate with a Mean Absolute Forecast Error of 24-60%, and have a bias of 9-40%. I remember December 2007 like yesterday.

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Out of Africa

Supply Chain Shaman

Supply chain talent is primarily coming from North America and Europe, but these are the continents that represent the lowest levels of growth for supply chain 2020 (see figure 1). Mobile penetration is forecasted to be 85% of the households in Afria by 2015. He forecasted that today, robotics could save 10% of logistics labor costs.

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Will inflation rage the longest in the UK?

Taulia

This led to shortages in materials like plastic, concrete, steel, and timber, and in January 2022, it cost $17,000 USD to send a shipping container from Asia to Europe – compared to $1500 USD in January 2021 5. However, this policy response is not without cost, with the IMF now forecasting the UK economy to contract by 0.6%

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The Industrial Impact of the COVID-19 Crisis

Logistics Bureau

When leading economists start talking about a drop in manufacturing comparable to the start of the 2007-2008 global financial crisis, you can be sure that the world’s leading industries are in for a torrid few months. With components taking six to eight weeks to reach Europe from China, the crisis still has some way to run. .

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Labor Strike Targeting the Three U.S. Automakers- Update Two

Supply Chain Matters

Labor unions are not a fabric of Asia based suppliers and technology providers, and barring existing high tariff levels, Chinese auto makers seek to eventually export their EV vehicles to overseas markets such as Europe and other countries. based production and supply network strategies in the coming years. automakers facing bankruptcy.

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Supply Chains Can’t Handle the Heat

Elementum

Executive Summary The recent record-setting heat across Europe sent shockwaves throughout the world, as persistent extreme temperatures pushed people and emergency systems up to (and beyond) their breaking points. A World on Fire In mid July, major cities across Europe set all-time records for high temperatures.

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Ocean Carrier Alliances: What You Need to Know

Talking Logistics

During the Great Recession of 2007-2009, demand decreased rapidly for container shipping, causing a chain reaction for carriers. Greater alignment of future vessel orders with demand forecasts. back to Asia). More effective management of existing capacity.