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2024 Predictions for Industry and Global Supply Chains- Prediction One

Supply Chain Matters

In our forthcoming Research Advisory, we will share additional data related to: Global Economic Themes and Outlooks- including The International Monetary Fund’s (IMF) Global Economic Forecast published in October 2023 described the world global economy as “ limping along, not sprinting.” World economic growth was forecasted to slow from 3.5

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October Global PMI Reporting-Continued Production Contraction

Supply Chain Matters

United Kingdom In the dependent region of the United Kingdom, the S&P Global/CIPS UK Manufacturing PMI® posted a value of 44.8, percent in 2022 to a forecasted 3 percent this year, an anticipated 2.9 percentage point increase from the 44.3 value reported for September. percent in 2024.

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Cost optimization is the key to sustainable EBITDA improvement

Proxima

This is where procurement consultancies can help with cost-optimization in supply chains. We’ve seen millions of workers in the United States and United Kingdom laid off, and many economists forecast increasing unemployment in the coming months.

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Getting to Work: Where AI Can Make a Difference

HICX Solutions

In this article, experts identify which steps in the procurement process are most likely to benefit from the AI revolution. One of the main uses for artificial intelligence in procurement is to meld internal and external data to provide enhanced supplier risk management. Data-driven decisions. ” Pick that low-hanging fruit.

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GrandVision: “We are changing completely as we become demand driven”

Supply Chain Movement

In the last three years we’ve developed our strategy, centralised procurement, purchasing and manufacturing aligned our portfolios across all categories globally and developed our exclusive brands portfolio. And we are still on a journey with many more opportunities,” the Vice President Supply Chain says. It is a very significant change.

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Supply Chain Matters News Capsule Follow-Up- August 17 2022

Supply Chain Matters

Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Foxconn and Asia Market Forecasters Provide Muted Outlook on High Tech Product Demand. Despite the market warning from its Chairman , Foxconn slightly rose its full year revenue forecast for the remainder of this year.

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This Week in Supply Chain Tech- February 14 2024

Supply Chain Matters

In September of 2023, this column highlighted Logility’s acquisition of ChatGPT technology provider Garvis , a visionary startup that combines large language models (LLM’s) with AI-native demand forecasting.