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The World Bank Significantly Lowers 2023 Global Growth Forecast

Supply Chain Matters

Supply Chain Matters provides highlights of the World Bank ’s latest global economic forecast which points to a sharp, long lasting downturn in the global economy. A reinforcement of that message was provided this week with the World Bank significant lowering its forecast for the global economy in 2023. is forecasted to be 0.5

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Is Your Supply Chain Ready for the Recession?

Enterra Insights

The grim forecast underscored the magnitude of the shock that the pandemic has inflicted on both advanced and developing economies and the daunting task that policymakers face in containing the fallout.”[2] ” Their assessment is in line with the IMF’s forecast. True, we don’t know when they will happen.

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Pet Food Experts Selects HIMPACT by Herlitz Inventory Management

Herlitz Inventory Management

Pet Food Experts Selects HIMPACT by Herlitz Inventory Management to Manage Daily Forecasting and Purchasing Solutions for its 4,500 Retail Partners in 34 States. Pet Food Experts signed with Herlitz Inventory Management to deliver more efficient and more profitable solutions for its forecasting and purchasing process.

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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. The average forecaster or planner will understand that the wave-one or wave-two technologies they are working with can’t provide these decision capabilities.

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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. The average forecaster or planner will understand that the wave-one or wave-two technologies they are working with can’t provide these decision capabilities.

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How the Semiconductor Shortage Could Have Been Averted

QAD

The origin of this most recent semiconductor shortage began in early 2020 as automotive assembly plants and the supply chain shut down due to COVID-19. Very similar to the crisis in 2008-2009 and much to the surprise of industry analysts, automotive demand came back much quicker than expected. In addition to 6.2.1.7,

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Intelligent IBP – a new role for supply chain planners

Supply Chain Trend

Planners, schedulers, and forecasters will not escape this evolution. New systems of intelligence will support us with planning & forecasting process automation, analytics automation, and decision automation. Any planning, forecasting, analytics, simulations, and insights must facilitate high quality, timely decisions.