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Forecasting & Demand Planning: Page 15

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

Walmart Storefront I Stock 1205217071
Gartner: Top Supply Chain Orgs Use AI at Twice the Rate of Lower-Performing Peers
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.
Image: iStock.com/gorodenkoff
EU Approves $7.4B in Funding for Hydrogen Supply Chain
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.
Photo: iStock.com/Khaosai Wongnatthakan
Port of LA Kicks Off 2024 with Near-Record January Volume
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%.
Port of Los Angeles. Photo: iStock.com/jgroup
Airbus Aims to Complete 800 Aircraft Deliveries in 2024
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.
Photo: iStock.com/Boarding1Now
General Motors, Panasonic Sign Investment Deals with Canadian Graphite Producer
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.
Photo: iStock.com/Dziggyfoto
Oil Demand Growth Slowing as Non-OPEC Supply Increases
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.
Photo: iStock.com/tifonimages
Three Critical Steps Toward Mastering Total Inventory Optimization in 2024
Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side.
Image: iStock.com/ChayTee
Maersk: Red Sea Diversions Could Extend into Second Half of 2024
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.
Photo: iStock / IgorSPb
China-U.S. Average Container Leasing Rates Up Threefold Since November
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.
Ismailia, Egypt. Photo: iStock.com/vale_t
OPEC Report Shows Uneven Delivery of New Oil Production Cuts
The Organization of Petroleum Exporting Countries and its allies pledged significant output curbs this quarter in a bid to avert a surplus and shore up global prices.
Photo: Bloomberg
Diamondback, Endeavor Merge in $26B Deal Amidst Rush for Drilling Land
Diamondback Energy agreed to acquire Endeavor Energy Resources, creating a new entity with a market value of roughly $50 billion.
Photo: iStock.com/Guven Polat
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