Enterra Insights

JUNE 23, 2022

One of those factors is the war in Ukraine. Agence France-Presse recently reported, “The OECD warned that the world economy will pay a ‘hefty price’ for Russia’s invasion of Ukraine as it slashed its 2022 growth forecast and projected higher inflation. How the war in Ukraine is changing the world.

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Elementum

AUGUST 29, 2022

The COVID-19 pandemic, Brexit in Europe, and the Russian invasion of Ukraine have further exacerbated current food chain problems, but a solid supply chain should be equipped to withstand this pressure to a certain extent. The post Food Supply Chain Issues appeared first on Elementum.

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Logistics Viewpoints

JUNE 21, 2023

And recent disruptions, including the war in Ukraine, placed supply chain resilience as a priority on the top of the agenda for CEOs. With respect to supply chain resilience efforts, making improvements to planning and forecasting processes is a lever that many expect to pull over the next year.

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Logistics Viewpoints

SEPTEMBER 20, 2022

Our lives became more interesting with the onset pandemic, followed by labor shortages, the Russian invasion of Ukraine, rising oil prices, and the oncoming recession. In this version, there’s no automation around managing promotions, so demand planners need to get involved in adjusting the forecasts for promotions. Yosun holds B.S.

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Supply Chain Matters

OCTOBER 25, 2022

Rather, the plan seems to be the production of 90 million iPhone14 units which was in-line with Apple’s original forecast this summer. In one reported dimension, cited from sourced industry forecasting data, automakers and their battery suppliers are planning to install 5.8 Trillion by 2030. All rights reserved.

Ukraine 52

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Supply Chain Matters

JUNE 7, 2023

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

Forecasting 52

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Supply Chain Shaman

SEPTEMBER 5, 2022

The Russian invasion of Ukraine stretches into a much longer war resulting in serious disruptions to the food, automotive, and semi-conductor supply chains. In nine out of ten supply chain planning systems that I test, I find that companies have a negative Forecast Value Added level. The winter offers no relief.

Supply Chain Planning Software 235

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Logility

AUGUST 4, 2022

One example: egg prices are up 56% , according to the Department of Agriculture, driven up by drought, a bird flu epidemic and the war in Ukraine. An optimal pricing and promotion analysis solution uses machine learning algorithms and price elasticity models to create promotion-influenced forecasts.

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Logistics Viewpoints

MAY 22, 2023

Last year multiple companies needed to urgently relocate their employees and their families from Russia and Ukraine. Do we have a demand forecasting tool in place and, if so, how good is that forecast? Let’s continue with this analogy. Think about these relocations! Their time frame was short and resources limited.

Supply Chain Design Software 179

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Supply Chain Matters

OCTOBER 5, 2022

This week, the World Trade Organization (WTO) forecasted that global trade growth will slow sharply in in 2023 after decelerating in the second half of this year. This latest forecast indicates, in-part: World merchandise trade volume is expected to grow 3.5 World GDP at market exchange rates is forecasted to increase by 2.8

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SYSPRO Smarter ERP

JUNE 14, 2022

For instance, the recent war between Russia and Ukraine not only affected the petrol and oil prices significantly, but the war-imposed constraints on the ability to use Russian transportation infrastructure to support manufacturing in Asia, proving that this crisis requires a particular set of resilience capabilities.

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Supply Chain Matters

JULY 20, 2022

Risks surround rising inflation, the duration of ongoing supply disruptions and the eventual path of the pandemic ” The October report had forecasted global economic growth of 4.9 Since that time, the IMF along with the World Bank have been issuing revised downward forecasts. percent in 2021. inflation rate to be 9.2 percent in June.

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Logistics Viewpoints

JUNE 1, 2023

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. Minimizing waste in grocery retailers starts with accurate and robust demand forecasting. Asena holds B.S.

Supply Chain Planning Software 193

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Supply Chain Matters

MARCH 7, 2022

In this Supply Chain Matters Product Demand and Supply Network Perspective we reference a published Bloomberg report addressing how the ongoing Russia-Ukraine conflict is impacting commodity and materials planning and supply concerns. Forecasting is no longer an art.

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Resilinc

JANUARY 31, 2023

Launched in 2020, CommodityWatch AI uses real-time news and event monitoring and predictive analytics to forecast supply, demand, and pricing trends out to three months for commodities including but not limited: gold, silver, aluminum, copper, caustic soda, cobalt, helium, paper, and tin. . #1

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ModusLink Corporation

DECEMBER 13, 2022

Yes, COVID caused many issues, but other factors, including geopolitical changes, the war in Ukraine, weather events, peak season , and economic instability, have altered the fabric of logistics. Container shipping to hit bottom in mid-2023, forecasts HSBC. New Research Forecasts the State of U.S. 12 October 2022. <[link].

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NC State SCRC

OCTOBER 5, 2022

Andrew Viteritti, Lead for the Commerce and Regulation division of the Economist Intelligence Unit Global Forecasting group began his presentation by reviewing the current and future state of the global economy. So long as the conflict in the Ukraine continues, the EUI expects that prices will remain elevated.

Conference 52

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Enterra Insights

AUGUST 8, 2023

The reasons are myriad: Fallout from Russia’s invasion of Ukraine; inflation causing high food prices; continued repercussions from the Covid-19 pandemic; regional conflicts; climate change; and extreme weather events. Savage notes that 2022 “was the fourth year in a row that the number in urgent need of food aid has risen.”

Security 130

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Supply Chain Movement

AUGUST 12, 2022

It is very important to acknowledge that we are structurally unable to forecast disruptive events. Who forecasted the Eyjafjallajökull eruption, the lockdowns at the start of the pandemic, or the developments in Ukraine? Stop thinking in risk events – focus on impact.

Supply Chain Risk Management 78

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SYSPRO Smarter ERP

MARCH 31, 2022

The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa. Now they must forecast different scenarios and assess potential weaknesses in their system to start working on contingencies.

Manufacturing Procurement 105

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AB&R

NOVEMBER 20, 2023

The war with Russia and Ukraine applied tremendous pressure on several commodities, including oil. The economists at ITR Economics, one of the United States’ most accurate forecasters, predict the recession to start in late 2023 and match those that occurred in the years 1969-71, 1980-81, and 1990-91.

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Supply Chain Matters

MAY 10, 2022

billion, primarily driven by ocean revenue increases but included a negative impact of $718 million from the Russia/Ukraine conflict and losses related to terminals related to these areas. Quarterly revenue increases for specific business units included a $6.9 EBIT increased $7.5 Outlook for Remainder of 2022.

Freight 52

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The Logistics & Supply Chain Management Society

APRIL 26, 2022

With the crisis in Ukraine and sanctions imposed on the Russian Federation, fuel and energy prices are now soaring. And this was before the Russian invasion of Ukraine began. In fact, global freight rates have increased tenfold since the start of the pandemic. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

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Enterra Insights

AUGUST 8, 2022

The cost of over forecasting is severe. Ellwanger explains, “The pandemic, coupled with the Russia-Ukraine war, have contributed to shortages of confectionary supplies like cocoa, edible oils and other ingredients — a situation also cited by Mondelez International this week.” ”[6].

Logility 246

Logility Manufacturing Procurement Supply Chain Planning Scenario Planning 246

Supply Chain Matters

SEPTEMBER 6, 2022

According to this report, citing industry research firm B raemar , global ocean container fleet size is forecasted to grow 9 percent in 2023 and 2024 , while container volume growth will moderate in 2023 and rise slightly in 2024. This will be good news in stemming supply chain driven inflation trending. Added Perspectives.

Report 52

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Resilinc

SEPTEMBER 6, 2022

Geopolitical event alerts issued by EventWatch AI grew by 521% in the first six months of 2022—mostly due to the Russia-Ukraine war. Russia’s cyberattacks on Ukraine intensified before the invasion, and while less effective than initially feared, these attacks undermined health care, food, and relief supplies distribution.

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Enterra Insights

JUNE 27, 2022

Department of Agriculture (USDA) has raised its 2022 food inflation forecasts again reports Jim Wiesemeyer ( @Jim_Wiesemeyer ).[1] 1] Jim Wiesemeyer, “ USDA Raises 2022 Food Inflation Forecasts Again, Highest Grocery Food Price Hikes in 42 Years ,” AgWeb, 25 May 2022. [2] ”[4]. Footnotes. [1]

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QAD

JANUARY 17, 2023

According to a July 2022 World Trade Organization report, the global economic outlook has deteriorated since February as a result of the war in Ukraine. This has resulted in the WTO reducing its forecasts for world trade over the next two years from 4.7%

Shipping 92

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EazyStock

MARCH 14, 2023

As the global world economy has continued to recover completely from the aftermath of the Covid-19 pandemic, and with a subsequent war with Russia’s invasion of Ukraine and rising inflation, many stock-holding companies are having a hard time. Finally, working with suppliers ensures you receive goods on time and negotiate better prices.

Inventory Reduction 52

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Cathy Roberson

MARCH 14, 2022

According to the Energy Information Administration (EIA) latest forecast (March 3), daily spot prices for Brent oil closed at almost $124/b in the first week of March. However, there’s a lot of uncertainty in the EIA’s forecast due to the Russia-Ukraine war and the US domestic economy. .

Purchasing Skills 52

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Resilinc

MAY 24, 2022

The cause: increasing oil and gas prices arising from Russia’s invasion of Ukraine and the consequent sanctions and restrictions on Russian oil and gas exports. Russia’s invasion of Ukraine sparked dramatic increases in oil and gas prices. Natural gas prices worldwide have also risen sharply, and in the U.S.,

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Proxima

AUGUST 25, 2022

Supply chains thrive on predictability, yet China’s continued zero-Covid policy is causing uncertainty and taking an economic toll at a time when we are learning to cope with other significant challenges, such as the fallout of the Russia – Ukraine conflict.

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Supply Chain Matters

NOVEMBER 15, 2022

In conjunction with the summit meeting of G-20 leaders held in Indonesia , the International Monetary Fund (IMF) indicated that the expected 2023 economic outlook appears gloomier that that forecasted just last month. Special emphasis is placed on Europe, in-particular.

Manufacturing Procurement 52

Manufacturing Procurement Indonesia Ukraine Forecasting 52

MIT Supply Chain

SEPTEMBER 8, 2022

notably the fallout from the Covid-19 pandemic and Russia’s invasion of Ukraine?—?could Forecasting demand has always been an inexact science. Postponement (delaying final assembly of a product as late as possible so demand forecasts are more accurate) is an example of a technique that tempers the inaccuracies of demand forecasting.

Inventory Reduction 52

Inventory Reduction Modeling Inventory Supply Chain Strategy 52

NC State SCRC

JANUARY 1, 2023

He is the most accurate forecaster I know, because unlike many speculators and economists, his observations are based on actual data! He believes that inflation isn’t going to go down going into 2023 – but will persist. He writes a weekly blog on Linked In which I follow religiously. Healthcare supply chains will remain strained.

Predictive Analytics Software 94

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Taulia

MARCH 15, 2023

Russia’s invasion of Ukraine compounded this difficult situation in early 2022. Post-Ukraine energy prices are, of course, a key factor, with the UK a significant net importer of energy, and they no doubt played a role in sustaining inflation throughout 2022. Why is the UK so acutely exposed?

Ukraine 52

Ukraine Material Savings Germany Price Reduction 52

Enterra Insights

AUGUST 3, 2023

has many vital national interests — securing our borders, addressing the crisis of readiness within our military, achieving energy security and independence, and checking the economic, cultural, and military power of the Chinese Communist Party — becoming further entangled in a territorial dispute between Ukraine and Russia is not one of them.”[1]

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