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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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Machine Learning in Supply Chain Planning

Logility

For example, a “Best-Fit” forecasting algorithm automatically switches to the most appropriate forecasting method based on the latest demand information, ensuring you create the best forecast for every product at every stage of its life cycle. “Best-Fit” forecasting is a basic form of Machine Learning.

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What is Economic Order Quantity & its Advantages

SCMDOJO

What is Economic Order Quantity (EOQ) Equation & Graph: The basic formula is as follows: EOQ = Economic Order Quantity, C = Cost of the item, I = Annual inventory carrying cost, D = have different names: “Annual anticipated demand”, or “annual sales volume/ unit”, “forecasted demand”, and “annual usage rate”. Boston: McGraw-Hill, 2009.

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What Should Supply Chain Management Teams Anticipate in 2023 and Beyond- Part Two

Supply Chain Matters

In a prior 2023 predictions focused initial blog we highlighted the IMF’s sobering economic forecast which calls for 2.7 In a prior 2023 predictions focused initial blog we highlighted the IMF’s sobering economic forecast which calls for 2.7 The IMF Global Economic Outlook Forecast anticipates 3.2 Global Economic Themes.

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Where have all the Truckers Gone? 10 Strategies for Shippers to Fight the Capacity and Trucker Shortage

GlobalTranz

Transportation capacity problems have been a volatile issue over the past twenty years or so. The American Transportation Research Institute has already identified a problematic decline in trucking capacity over recent years. 2009 was an exception due to the 2008–2009 recession.)

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The 2022 China Singles Day Shopping Holiday- Muted Indications of Growth

Supply Chain Matters

Since this festival was first initiated in November of 2009, involvement among major online shopping platforms has expanded within and outside of China. However, reports of this year’s event and equivalent shopper and gross merchandise volumes (GMV) appear to be very muted.

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Let the Qs Begin

Supply Chain Shaman

While the performance rankings were based on comparisons of inventory turns, operating margin and Return on Invested Capital (ROIC) for the periods of 2006-2013 and 2009-2013, the concept is that to be a supply chain leader you must outperform and drive improvement. We find that this is true of too few companies. ” Yes, I said.