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Think Tank
Forecasting & Demand Planning: Page 20
U.K. Meat Consumption Levels Were at a Record Low in 2022
The average Brit only consumed 1.88 lbs. of meat each week in 2022, a drop from 2.15 lbs. per week the previous year.
Podcast | Optimizing the Production Plan in a Constrained Supply Chain
The production plan is long overdue for automation and optimization.
UPS Lowers 2023 Revenue Forecast Due to Weak Delivery Demand
UPS cut its annual adjusted operating margin to between 10.8% and 11.3%, down from the previous forecast of 11.8%.
GM, Honda Nix $5B Plan to Co-Produce Cheaper EVs
Honda and GM agreed to develop lower-priced EVs based on a joint new platform in April of 2022 with the hope of producing millions of cars by 2027.
Boeing Posts $1.6B Loss on Fewer Deliveries, Higher Air Force One Jet Costs
The company was forced to lower its forecast of 737 Max production from between 400 and 450 planes to 375 to 400 aircraft.
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.
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