Technology > Forecasting & Demand Planning | SupplyChainBrain

Forecasting & Demand Planning: Page 13

Survey Shows Supply Chain Decision-Makers Prioritize Inventory Turnover

77% of of supply chain professionals said they prioritize inventory turnover, while 57% highlighted the need for forecast accuracy.

Photo: iStock.com/alphaspirit

Bill to Speed Up Flow of Crucial Cargo During Emergencies Goes to U.S. House Floor

The FAST PASS Act would mandate the secretary of transportation to study how critical cargo can be expedited in emergencies like hurricanes and pandemics.

Photo: iStock / golero

Navigating Inflation and Workforce Retention: Strategies for Smarter Grocery Supply Chains

As grocery retailers navigate inflation and workforce retention, optimizing supply chains and pricing strategies becomes crucial.

Photo: iStock.com/Dan Dalton

EU Countries Warn German Gas Levy May Boost Reliance on Russia

Austria, Czech Republic, Hungary and Slovakia said the levy — which is paid for by traders or utilities further down supply chains — undermines energy security in the wider region.

Berlin, Germany. Photo: Bloomberg

U.S. Providing $710M in Loans to EV Technology Projects

The larger of the two preliminary loan commitments announced went to a unit of the South Korean semiconductor company SK Siltron.

Photo: iStock.com/SouthWorks

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

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