Squeezing Every Cent from a Barrel of Oil

A barrel of oil is no longer a leaky cask. Rather, it is an economic concept.

As a result, creating value along the supply chain has evolved from streamlining operations to exploiting operational and commercial synergies. The emphasis has shifted from vertical integration and expertise in specialized energy sectors to a tightly coordinated system in which every opportunity to increase profit margins is pursued. The agile system has the potential to quickly address supply-and-demand imbalances through access to energy storage and […]

Hacks and Cracks Disrupt the Supply Chain

Since the onset of COVID-19, shortages of products have been common.

Many shortages were the result of the pandemic, including unexpected increases in demand, and facilities shutdown due to sick workers. With the re-opening of the economy, shortages have continued. Demand spikes, coupled with organizations being unable to re-staff enough workers, has led to product shortages in areas such as lumber.

However, not all disruptions in the supply chain are directly tied to the pandemic. Recently, the Colonial Pipeline was shut down […]

Pandora Closes the Box on Mined Diamonds

The popular jewelry company, Pandora, will no longer source real diamonds and will exclusively use lab grown diamonds instead.

A combination of low cost and sustainability strategies are driving this change to make beautiful jewelry that is more affordable, accessible, and sustainable.  Pandora’s decision follows a larger market trend that has seen the production of lab-grown diamonds increase to approximately six or seven million carats in 2020, while mined diamonds saw demand drop.


Video Spotlight: 

By |2021-07-05T21:21:41+00:00July 7, 2021|Tags: , , , |

Lyft Divests Autonomous Driving Unit

To save operating expenses in areas beyond its core ride-sharing business, Lyft has agreed to sell its autonomous-driving unit to Toyota.

The divestment will allow Lyft to partner with Toyota to develop vehicles for its autonomous ride-hailing networks.  The partnership will further the companies’ mission to advance mobility technologies on a global scale.


Video Spotlight: 


This post is based on the Industry Week article,

Go to Top