Discover what joint supply means in economics, how it results in multiple outputs, and see examples like livestock that yield both meat and hide.

Effective supply chain management ensures timely, cost-effective delivery of products. Disruptions in the supply chain can lead to significant economic impacts, including inflation. Strategic ...

CommentaryAttorney Analysis from Westlaw Today, a part of Thomson Reuters. January 25, 2022 - With a new year underway, the climate emergency continues to impact, and draw the attention of, political, ...

In 2021, the waves of the pandemic started to quickly unravel supply chains across the world. Manufacturing plants slowed or even closed, ports experienced unprecedented back-ups, and transportation ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Price elasticity of supply measures how responsive supply is to price changes.

Truck-driver shortages, “lean” inventories, and an overreliance on China plagued global supply chains long before the pandemic. Permanently addressing these and other issues will help the United ...

Supply chains have typically been quiet enablers, optimized for cost, consistency, and scale. But in today’s volatile world, supply chains must no longer be designed solely for efficiency; they must ...

I have often cited Barra as an example of supply chain executives reaching the CEO slot, since her prior position included heading global product development, purchasing and supply chain. Like Tim ...

General Motors recently named a new Chief Financial Officer. 39-year-old Harvard MBA Dhivya Suryadevara takes over as CFO starting 1 September. She joins a leadership team comprising five women among ...