Supply and Demand

To assuage ongoing supply chain delays, Walmart is pulling out all the stops to recruit more truck drivers.

"Cargo aging at the port is now down 37 percent, which is a major improvement," stated Richard F. de la Torre, community information officer of Long Beach City Development Services in a Dec. 8 email.

PWBM, a nonpartisan research-based initiative, estimates that the historic levels of inflation will require the average U.S. household to spend around $3,500 more in 2021 to achieve the same level of consumption of goods and services as in 2019 or 2020.

You need to ensure a robust supply chain, but it's also essential to identify and manage issues unique to the platform.

The continuing supply chain issues are impacting stores across the country with supermarkets and stores making adjustments with what's available.

Inflation, shipping delays, supply-chain issues, pandemic lockdowns, and labor shortages have contributed to price increases and scarcities that have now started affecting food banks across the country.

Some executives are issuing warnings that there might be food shortages nationwide due to supply chain bottlenecks.

Shipping containers are now reportedly being abandoned in California neighborhoods.

With supply chains slashed and increased droughts, the public needs to take an interest in how they get their food.

The Commerce Department said in an Oct. 5 statement that the trade deficit rose by 4.2 percent in August, hitting an all-time high of $73.3 billion.

Systems and processes can actually work against you if you scale up your supply without corresponding demand.

Your supply chain will run more efficiently if you take the time to educate your team and select the correct suppliers.

Change happens lightning fast. You must keep up or close up.

Today's smarter business systems generally mean smarter, and more profitable, companies.

Because they can't assign shifts to workers, ride-hailing companies use a variety of incentives to lure out their contract workers.

Don't open your online shop without being sure where and how to get your supply.

News of the virus, which spreads via bites, has caused companies in the space to change strategies.

Making a name for yourself means you have to stay on top of your game.

Opportunists beware.

Uber and Airbnb are exalted examples of sharing-economy success. Many more companies you've never heard of illustrate what not to do.

If there's one thing every entrepreneur needs to be successful, it's the courage to confront the challenges that threaten to derail us and persevere.