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Supply Chain Roundtable Series: Getting Demand Forecasting Right 

Unleashed

Demand forecasting has gained increasing importance over the last few years. We met with five supply chain experts to discuss how crucial demand forecasting is for mitigating risk, and what businesses can do to improve forecast accuracy. Our experts explain that best-practice demand planning begins with a top-down forecast.

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Out of Africa

Supply Chain Shaman

Most global multinational companies have a solid base now in South America and Asia, but the race is on for Africa. I spent this week at SAPICS in South Africa. South Africa is uniquely positioned to gain benefit in the race for supply chain modernization of Africa. SAPICS Has a Unique Opportunity. Map Outside-in.

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We Are In Trouble. Raise the Red Flag. Be Proactive.

Supply Chain Shaman

Containers are being “rolled” month by month in Asia due to the lack of available containers. In Africa, where 38% of food is imported, the issues in global shipping will compound the unrest. Forecast logistics and hold yourself accountable. Use market signals to forecast shipments by lane and by mode.

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Andreas Gärtner of Nestlé on Forecasting: “Track the Mad Bulls!”

Supply Chain Movement

Forecasting product demand will never by 100% perfect but it is possible to reduce the error of judgment. Nestlé is revitalising its Demand Forecasting process in Europe, relying on analytics to predict the demand for low-volatile products. Still the majority of our forecasting is judgmental and therefore subjective,” says Gärtner.

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World Bank Revises 2023 Global Growth But Downgrades 2024

Supply Chain Matters

This week the World Bank released its latest June forecast of its Semiannual Global Economic Prospects Report. This latest forecast indicates that the global economy will grow by 2.1 percent forecasted at the beginning of this year. In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4

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When Variability Is Our Only Constant

Supply Chain Shaman

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Yet, few are willing to raise their hands and admit that current demand planning processes of forecasting based on order or shipments do not work. My response is “Hogwash.”

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Freight Rates News December 2015

Freightos

It broke records in China and elsewhere in Asia. In just one day (30 November) there were at least 13 articles breaking down what it means for for Serbia , Africa , North East Asia , and the whole world , with a variety of perspectives from the railway , maritime , political affairs , financial , capital and gadget press.

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