The Ledger

Industry Week: ISM: Continued Growth, but No End in Sight for Labor, Commodity Shortages

“The price of aluminum has increased now for 16 months in a row alongside the trend in manufacturing growth. Other commodities up in price for longer than a year include polypropylene (15 months up in price), steel (14 months), and plastic resins (13). Electrical and electronic components were listed as up in price for a tenth month each, and semiconductors marked an eighth more-expensive month.”

Read More at Industry Week >

FP&A Trends: How Data-Driven FP&A Powers Smarter Decision Making

“When your financial planning and analysis (FP&A) becomes data-driven using automation and an intuitive platform with the right tools, then there’s a fundamental shift. The data flows freely, it’s trustworthy, and it starts to work for you. In fact, it can lead to a transformation, especially with decision-making around your organisation’s finances and business strategy. But how can you reach this point?”

Read More at FP&A Trends >

FP&A Trends: Navigating Uncertainty with Scenario Planning and Predictive Planning

“After careful consideration on how to extract much more value from forecasting activity while spending significantly less time on it, it’s been decided to

1. adopt a driver-based approach to forecasting, model strategic levers and resource allocations; 
2. build an integrated FP&A eco-system through standardising, centralising and integrating core FP&A processes in the FP&A Centres of Expertise.”

Read More at FP&A Trends >

CFO Dive: Business Forecasters See Inflation Heating Up to 5.1%

“In an estimate released after a two-day meeting on Wednesday, Fed officials forecast that so-called core inflation will rise 2.3% next year, slightly above the 2.2% estimate by the NABE panel.”

Read More at CFO Dive >