There are five main reasons why inflation occurs. These are supply shocks, demand-pull inflation, cost push inflation, economy at full employment, and fiscal policy. Supply Shocks: Supply shock is when there’s a sudden increase in the price of what we buy. This happens for many reasons. T...
Businesses implementing a robust SCRM system are better positioned to navigate challenges, protect shareholder value, and capitalize on opportunities in volatile markets. As part of supply chain risk mitigation, companies will often use a supply chain assessment template (also known a supply chain risk...
In early 2020, the Russia-Saudi Arabia oil price war and the Covid-19 pandemic caused a significant disequilibrium for oil prices. The disequilibrium was caused by both supply and demand shocks. On the supply side, Saudi Arabia launched a price war with Russia in which they flooded the globa...
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Market Analysis is a quantitative or qualitative assessment of a particular market. It determines the appeal and dynamics in a certain market
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Understanding the trends in sustainable supply chains is only one side of the coin. It also helps to know what specific brands are doing to meet the increasing need to build durable, sustainable supply chains. L’Oréal What it did: L’Oréal adopted a new focus on agility, evolving its su...
What Causes Cost-Push Inflation? One must understand the causes of cost-push inflation in order to grasp its effects. These causes primarily relate to monopolies, natural disasters, high wages and production costs, supply shocks, imported inflation, and higher taxes....
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