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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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Terra’s Forecasting Benchmark Study 2012

Supply Chain Movement

Given the volatility and rapid pace of promotional activities and product innovation, the gradual increase in forecast error since 2009 comes as no surprise. Terra’s Forecasting Benchmark Study is a pretty comprehensive survey. Forecasting errors. > Request a free copy of the report.

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Using Digital Supply Chain Planning to Respond to Market-Changing Disruptions like COVID-19

ToolsGroup

Gartner research shows that companies that continued to increase earnings while others declined in 2009 and 2010 were those that were able to keep their foot on the gas through the downturn because they had planned responses in advance. Use demand modeling to fine-tune demand forecasts.

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Supply Chain Optimization for Consumer Packaged Goods Inventory

Logility

Between 2000 and 2009, the average profit for this industry grew by over 10% year on year, but over the next decade, annual profit growth fell to just 3.2%. Traditionally, the biggest challenge to the CPG industry is forecasting demand. These systems offer capabilities such as: Demand forecasting and demand sensing.

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Supply Chain Management:Adding intelligence in the Forecasting.

Infosys Supply Chain Management

« Use of Predictive Analytics in Supply Chain | Main | Is Agile methodology a good solution for ERP implementations » Adding intelligence in the Forecasting process to support Supply Chain Segmentation. There is however no easy way for the forecaster to assign these models to different segments that is available out-of-the-box.

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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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Commodity Prices Soar as Risks of Major War Footing Increase

Supply Chain Matters

Wheat prices have soared to levels that occurred in the prior global recession of 2008-2009. . We often cited major S&P and other indices of forecasts for expected price trends for the coming year, only to discover during or at the end of the year that events and disruptions made such predictions generally inaccurate.