The cost of sending a container from Asia to the US has fallen more than 80% from the September high on the spot market, but carriers will work to prop up rates.
China faces uncertainty in 2023; COVID-19 remains difficult, and experts and business leaders expect the dampening effects of the credit market to persist.
Fix the problem by communicating, agreeing work expectations, and presenting an evidence-based business case to your boss, while considering backup options.
Traditional forecasting methods have been found lacking, so follow these steps to enhance quality — starting with alignment on the forecast’s purpose.