Peter Prengaman

Associated Press

Your Complete Guide to Inventory Forecasting

Your Complete Guide to Inventory Forecasting

An accurate inventory forecast is invaluable, especially when supply chains and consumer demand are changing rapidly. Effective inventory forecasting can mean the difference between profitability and piles of unsold goods that eat up your available cash.

In this March 21, 2017 file photo, workers prep poultry at the meatpacking company JBS in Lapa, Brazil. In a major blow to Brazil, the United States on Thursday, June 22, 2017 announced the immediate suspension of all imports of beef products from Latin America’s largest nation because of safety concerns.

U.S. Suspends Brazilian Beef Imports

Since March, U.S. inspectors have refused entry to 11 percent of Brazilian fresh beef products, which is substantially higher than the average rejection rate of 1 percent.

Workers of the Municipal Sanitary Surveillance confiscate hot dogs to be analzsed at a supermarket in Rio de Janeiro, Brazil, Monday, March 20, 2017. The European Union's spokesman in Brazil says the union is temporarily halting some imports of Brazilian meat amid an investigation into a massive scheme of meat adulteration, which involved some of the country's largest producers.

EU, China Ban Brazil's Meat

The developments are a major blow to Brazil, one of the world's largest exporters of meat, which is struggling to emerge from its worst recession in decades.