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Forecasting & Demand Planning: Page 14

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

German Utility VNG Inks Country’s First Deal with Algeria for Pipeline Gas

The agreement, which took effect in January, allows gas to be shipped via pipeline to Italy and then on to Germany, a spokesperson for Sonatrach said.

Bad Lauchstaedt, Germany. Photo: Krisztian Bocsi/Bloomberg

New York Fed Found Supply Chain Pressures Rose in January

The New York Federal Reserve Bank’s Global Supply Chain Pressure Index rose from -0.15 in December 2023 to -0.11 in January 2024.

Photo: iStock.com/anyaberkut

Tesla Recalling Almost All Vehicles Sold in the U.S. Due to Warning Light Issue

The National Highway Traffic Safety Administration (NHTSA) announced the recall of almost 2.2 million Tesla vehicles sold in the U.S. February 2.

Indianapolis, Indiana. March 2022. Photo: iStock.com/jetcityimage

Majority of HR Leaders Think Half Their Workforce Will Need to Be Reskilled

Thirty-four percent of participants said that they are concerned about how their skills will rise to meet changing expectations brought on by automation and new technology.

Photo: iStock.com/LuckyBusiness

Navigating the Future of Sustainability in the Grocery Industry

The grocery industry's approach to managing fresh products, integrating technological advancements, and aligning with consumer preferences will be critical in shaping its sustainable future.

How AI Equips Retailers to Predict and Manage Panic Buying

The influence of AI in retail extends far beyond managing panic buying. It's evolving into a fundamental component of supply chain management.

Revolutionizing the World of Commerce: Exploring Innovative Trends in Global Supply Chain Management

Businesses that leverage cutting-edge technologies can revolutionize their supply chain operations and reap the rewards.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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