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Forecasting & Demand Planning

WALMART STOREFRONT iStock-1205217071.jpg

Walmart Easing Delivery Requirements for Suppliers

February 22, 2024
SupplyChainBrain

Walmart said that it wants its suppliers to deliver shipments on-time 90% of the time and in-full 95% of the time.




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A HUMAN WORKER SITS SURROUNDED BY SCREENS FULL OF DATA

Gartner: Top Supply Chain Orgs Use AI at Twice the Rate of Lower-Performing Peers

February 21, 2024
SupplyChainBrain

Forty percent of the high performers surveyed said that they are using AI/ML for demand forecasting, while that figure came in at just 19% for the lower performers.



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A CIRCLE WITH A WHITE BORDER SHOWS A CLOSE UP OF THE MOSS-COVERED ROOTS OF A TREE WITH THE WORDS "HYDROGEN H2" INSIDE OF IT. SURROUNDING THE CIRCLE ARE SEVEN SMALLER CIRCLES WITH VARIOUS ESG SYMBOLS INSIDE OF EACH ONE.

EU Approves $7.4B in Funding for Hydrogen Supply Chain

February 20, 2024
SupplyChainBrain

The money will support 32 companies working on 33 projects along the EU’s hydrogen value chain and likely unlock over $5.81 billion in private investments.


Read More
A GIANT CONTAINER SHIP SITS AT A DOCK

Port of LA Kicks Off 2024 with Near-Record January Volume

February 16, 2024
SupplyChainBrain

January also marked the sixth straight month of year-over-year gains for the Port of Los Angeles, surpassing January 2023’s totals by 18%.


Read More
A WHITE AIRBUS-LABELED AIRPLANE IS FLYING THROUGH THE SKY. THE BLUE RUDDER HAS THE WORDS "NEO" WRITTEN ON IT IN WHITE LETTERING. NEO IS WRITTEN UNDERNEATH THE BOTTOM OF THE PLANE IN BLUE.

Airbus Aims to Complete 800 Aircraft Deliveries in 2024

February 16, 2024
SupplyChainBrain

The company said in an annual earnings report February 15 that it wants to deliver 800 commercial planes in 2024, up from 735 in 2023.



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AN EXTREME CLOSE-UP OF A MINERAL ORE. THE DARK GREY ORE FEATURES SOME SMALL PATCHES OF GOLD MATERIALS.

General Motors, Panasonic Sign Investment Deals with Canadian Graphite Producer

February 16, 2024
Bloomberg

GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said.


Read More
A PUMP JACK OIL RIG IS OPERATING AS THE SUN SETS.

Oil Demand Growth Slowing as Non-OPEC Supply Increases

February 16, 2024
SupplyChainBrain

The IEA said that it anticipates oil demand will peak by 2030 as the world attempts to transition to cleaner energy sources. OPEC says it will peak after 2044.


Read More
A WOMAN STANDS WITH A TABLET COMPUTER IN A WAREHOUSE, SURROUNDED BY SYMBOLS FOR SHIPPING METHODS
THINK TANK

Three Critical Steps Toward Mastering Total Inventory Optimization in 2024

February 16, 2024
Lisa Henriott, SCB Contributor

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. 


Read More
LARGE CONTAINER SHIPS TRAVEL ON THE SUEZ CANAL WITH CONTAINERS IN THE FOREGROUND OF THE PHOTO.

Maersk: Red Sea Diversions Could Extend into Second Half of 2024

February 15, 2024
SupplyChainBrain

Maersk said that it has added about 6% more vessel capacity to its schedule to keep the flow of trade moving, further adding to the company’s operational costs.


Read More
A LARGE CONTAINER SHIP TRAVELING ON THE SUEZ CANAL SURROUNDED BY TUGBOATS.

China-U.S. Average Container Leasing Rates Up Threefold Since November

February 15, 2024
SupplyChainBrain

An industry expert from a Californian freight forwarding company said they anticipate organizations will have to deal with equipment shortages due to vessels being rerouted away from the Red Sea.


Read More
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Forecasting & Demand Planning

The latest news, analysis, trends and solutions regarding forecasting and demand planning and its impact on supply chain management. New technologies in predictive analytics and forecasting and demand planning are transforming the way companies are operating and performing ahead of competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are using forecasting and demand planning solutions for supply chain optimization.

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