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Forecasting & Demand Planning: Page 22

Amidst Another Disappointing Peak Season, Manufacturers Increasingly Look to Data

Manufacturers can't prepare for everything, but they can prepare to be more agile when the inevitable disruptions occur.

Photo: iStock.com/NicoElNino

American Consumers Planning to Spend Less This Holiday Season

On average, Americans who shopped during the 2022 holiday season intend to spend 39% less on gifts during the 2023 holiday season.

Photo: iStock.com/Poike

YoY Port of LA Container Volumes Grew for the First Time in Over a Year

The port also saw the number of imported TEUs handled increase by 7% year-over-year to more than 433,000 TEUs, the first year-on-year increase in more than a year.

Los Angeles, California. Photo: iStock.com/wpd911

JetBlue Says Delayed Planes, Engine Woes Constraining Growth

The airline has said it will get just 19 new Airbus SE aircraft in 2023, instead of the 30 it originally expected.

John F. Kennedy International Airport. New York, New York. Photo: Bloomberg

The Supply Chain Has a New Paradigm

Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.

Photo: iStock.com/vitacopS

Supplier Delays Force Lockheed Martin to Lower F-35 Jet Delivery Outlook

Lockheed Martin is now expecting to deliver 97 aircraft this year that run on existing technology, down from the previous forecast of 100 to 120 jets.

An F-25 fighter jet. Photo: iStock.com/Trevor Howard Jones

China Bans Government Employees from Using iPhones at Work

Though China had previously restricted government officials from using iPhones at work, this recent measure represents an expansion of that order.

Photo: iStock.com/Hand-robot

Mid-Sized Businesses More Optimistic Than Small and Large-Sized Companies

Dun & Bradstreet found that midsized businesses are slightly more optimistic than small and large-sized companies and that global demand is expected to weaken.

Photo: iStock.com/mnbb

Boeing Warns 737 Deliveries to Be at Low End of 2023 Target

Narrowbody handovers will be near the bottom of Boeing’s goal of shipping 400 to 450 of the popular 737 jets this year, said chief financial officer Brian West.

Paris Air Show. Paris, France. June 20, 2023. Photo: Bloomberg

Global Containership Fleet To Reach Record Capacity in 2023 and 2024

BiMCO forecasts the capacity of ship deliveries is expected to reach 2.3 million TEUs in 2023 and 2.7 million TEUs in 2024.

Photo: iStock.com/SHansche

Tyson Foods Dealing with Excess Inventory, Low Demand

Tyson recently closed down its Van Buren, Arkansas plant, one of six planned shutdowns to cut costs as Tyson deals with flat demand and a drop in wholesale prices.

New Holland, PA. iStock.com/gsheldon

Saudis, Russia Extend Their Oil-Supply Curbs to Year-End

The leader of the Organization of Petroleum Exporting Countries will continue its production cutback of 1 million barrels a day until December 2023.

Ras Tanura, Saudi Arabia. Photo: Simon Dawson/Bloomberg

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