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Forecasting & Demand Planning: Page 22
Watch: Tapping the Power of Integrated Business Planning
Andrea Montecchi and Ben Sellers, business advisors with Oliver Wight, explain the basics of integrated business planning (IBP), and why it’s such an important process for companies today.
Lynas Allowed to Import and Process Rare Earths in Malaysia Until 2026
Previously, the government had ordered the company to move its leaching and cracking processes out of the country by the end of 2023.
Port of LA Cargo Volumes Beat out 2022 Figures for Second Straight Month
Despite the rises in monthly volumes, the total for the first nine months of 2023 was 6,398,126 TEUs, an 18.6% decrease from the same period last year.
Supply Chain Crisis Impact on OEMs: The Advantage of Early Intervention
To facilitate early intervention, organizations should implement real-time data analytics, regular performance evaluations, and comprehensive tracking mechanisms to identify potential issues promptly.
Primark Planning Expansion in the Southern U.S.
By the end of 2023, Primark will have opened eight stores in the U.S. with a plan to open 60 stores in the United States by 2026.
Black Friday, Boxing Day Expected to Be North America’s Busiest Shopping Days
Boxing Day is expected to overtake Black Friday as the busiest shopping day of 2023 in Canada while the holiday fell to sixth place on the U.S.'s list.
U.S. Producer Prices Rise by More Than Forecast on Gasoline, Food
The producer price index for final demand advanced 0.5% from August to September, marking the third-straight month of increases.
VinFast Investing $400M in Indian, Indonesian EV Factories
The organization anticipates a $1.2 billion influx of cash from its founder (Pham Nhat Vuong) and other Nasdaq-listed EV producers.
U.S. Import Cargo Volumes Expected to Slow After Hitting 2023 Peak
U.S. ports handled 1.96 million TEU in August, less than the 2 million TEU the NRF originally expected the ports to handle that month.
Tesla Cuts Prices of Top Models to Stoke Demand for More EVs
Tesla will update investors on the toll that price cuts have taken on earnings when it reports its third-quarter results on October 18.
Aurubis to Keep European Copper Premium at Record High Next Year
The company said it has told customers it will keep the surcharge at $228 a ton ahead of the start of annual supply negotiations in London.
WTO Cuts 2023 Forecast for Growth in Trade in Goods by Half
The WTO said October 5 that merchandise trade volumes would grow by just 0.8% in 2023, less than half of the 1.7% estimate that came in April.
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