What Occurred Among Industry and Global Supply Chains in 2018

As industry supply chain management teams continue efforts in achieving 2018 final quarter strategic, tactical, and operational line-of-business performance objectives, this is the opportunity to look back and review what occurred among industry and global supply chains this year.

Our research arm, The Ferrari Consulting and Research Group, has researched and published annual predictions since our inception in 2008 and our approach is to view predictions as an important resource for our clients and readers.

An important part of annualized predictions is assessing what really occurred and why. Thus, every year in November, we look-back and score our current year predictions for the year. As has been our custom, our scoring process is based on a four-point scale. Four will be the highest score, an indicator that the prediction indeed occurred. One is the lowest score, an indicator of, what-on-earth were we thinking? Ratings in the 2-3 range reflect that we probably identified the right trending, but events turned out differently. Admittedly, our self-rating is subjective, and readers are welcomed to add their own assessment of our individual predictions in feedback comments.

Linked-In readers can review our look-back through four different Supply Chain Matters blog commentaries:

Part One installment revisited Predictions One thru Three.

Part Two installment reviewed Predictions Four through Six.

Part Three commentary revisited Predictions Seven through Nine.

This week’s  Part Four commentary delved into Prediction Ten which was our umbrella industry-specific predictions.

 Enjoy the upcoming holidays and take some time to assess your directions and goals for the coming year.