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Forecasting & Demand Planning: Page 27
Fewer Than 30% of Suppliers Plan on Using Digital Twin of the Customer Initiatives
More than half of respondents (53%) said they expect to improve their demand forecast accuracy through the use of "digital twin of the customer" initiatives.
Will AI Drive the Next Wave of Supply Disruptions?
As AI drives autonomous systems that monitor markets and conduct buy cycles, the risk of causing a shortage by trying to “beat the market” could cause a disruption.
Egypt Plans to Resume LNG Exports this Fall, Minister Says
The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.
Japan to Propose Global Natural Gas Reserve to Avoid Shortages
The Japanese government will suggest that the International Energy Agency create a gas stockpiling framework for its member nations.
How the U.S. and EU Hope to Loosen Asia’s Grip on the Global Semiconductor Market
The U.S. and Europe will need to stimulate more innovation and reward manufacturers if they hope to loosen Asia's grip on the global semiconductor market.
Japan and Saudi Arabia Expected to Agree on Rare-Earth Investment Deal
A deal is expected between Japan’s Ministry of Economy, Trade and Industry, the Japan Organization for Metals and Energy Security and Saudi Arabia’s Ministry of Industry and Mineral Resources.
UPS Strike Could Be the Costliest in U.S. History, Study Finds
A 10-day strike of 340,000 workers would reportedly result in over $1.1 billion in lost direct wages and more than $7 billion in total economic losses.
Venture Global Delays Contracted LNG Shipments Until End of 2024
The company has reportedly revised the start of contract cargoes from its Calcasieu Pass LNG plant to late 2024, extending a previous delay by almost a year.
Tomorrow’s Procurement Will Be Shaped by Digital Automation in Supply Chains
Using technology to transform capabilities, talent pool and insights will help companies advance in the competitive business wars.
Boeing Struggling to Keep Pace with Airbus Through 2023 Despite June Deliveries
As of July 11, Boeing has reportedly delivered 266 aircraft to consumers, which is less than the delivery output recorded by Airbus through 2023.
How AI Can Help Address Emerging Supply Chain Risks
Artificial intelligence and machine learning are equipping global supply chains with the tools they need to address heightened risk in the era of COVID-19.
German Production Drops as Factory Weakness Weighs on Growth
Output dropped 0.2% from April to May 2023 as a decline in pharmaceuticals outweighed more vehicle manufacturing, according to the Wiesbaden-based statistics office.
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