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Image via Flickr by Michael Elleray Nobody likes to make predictions about the price of oil because it is such a volatile market. Oil prices are affected by the climate, politics, and other industries. As a matter of fact, the price of a barrel of oil can easily double in only a few months depending…
Image via Flickr by LandscapeReport.com Truckers have a saying, “If you’ve got it, a trucker brought it.” To a large extent, this is true. Many finished products take several truck rides, beginning when the raw materials are brought to the supplier, then when the supplier sends parts to the manufacturer, again when the manufacturer ships…
Image via Flickr by Rubber Dragon Undoubtedly, e-commerce has changed consumer marketing, retail stores, pricing structures, and the general shopping landscape. Almost six percent of all retail commerce is now done online. However, it is also forcing logistics executives to rethink how they operate warehouse facilities, truck routes, and even loading docks. Look at how…
Image via Flickr by victor1558 Supply chain experts and business analysts use many different models to forecast supply and demand. When it comes to forecast accuracy, no single technique gets it right every time, but the tips below can help you improve your projections.Oops! You don’t have permission to view this page! Make sure you’re…
Image via Flickr by Nick Bramhall Following a series of accidents and explosions related to rail transport of the U.S.’s growing oil production, railroad executives and the Department of Transportation have agreed on eight new steps the industry plans to implement immediately.Oops! You don’t have permission to view this page! Make sure you’re logged in…
Image via Flickr by INeedCoffee.com In November, the London Metals Exchange cracked down on the metals warehouses it regulates, such as soda and beer can manufacturers, after years of complaints by metals consumers that the warehouses were limiting supplies and driving up costs. Now, the U.S. Justice Department is getting involved, but refuses to say exactly how…