Category: Supply Chain

[ad_1] Moreover, the International Energy Association requires its members to hold strategic reserves equivalent to 90 days’ consumption and the US alone has about 660 million barrels in government reserves, with another 400 million or so barrels of privately-owned reserves. Donald Trump authorised the release of the US reserves at the weekend, if they are…

[ad_1] Organizations today face external factors of increased competition and greater demands from a global marketplace. With improved logistics and rapid information dissemination, customers now have access to products worldwide and expect specialized products to fit their specific needs. As a result, organizations have shortened their product life cycles and expanded customized product offerings to…

[ad_1] Few aspects of business are more complex than supply chains. It can be tempting for global corporations to walk away from small local companies that don’t meet environmental or labor standards rather than risk bad publicity and the wrath of consumers. That’s the wrong approach, argues Pamela Mar, director of sustainability for Fung Group,…