The law of supply and demand is a fundamental concept of economics and a theory popularized by Adam Smith in 1776. The principles of supply and demand are effective in predicting market behavior.

Katherine Haan is a small business owner with nearly two decades of experience helping other business owners increase their incomes.

While imposing tariffs in the past has done damage to the U.S. economy, today’s incoming tariffs are likely to have a different outcome for a multitude of reasons. Consumers are concerned that ...

Supply chain sustainability and responsible procurement are critical to making global goals local business by ensuring that the extension of a company’s operations, products and services can support ...

The Teamsters union said it would comply with the ruling but that it would also file an appeal in federal court.

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Illustrates how companies can implement the Ten Principles of the UN Global Compact throughout their supply chains and integrate sustainability into procurement strategies. In 2015, the guide was ...

Already low on inventory, the used car market is facing an additional supply crunch as fewer off-lease vehicles return to dealership lots — and that’s contributing to higher prices.

Thanks to the growth of generative AI, a truly autonomous supply chain may be closer than we think. Here’s why. Ask any supply chain professional over the last year and they’ll tell you that ...

11, 2024. (Morteza Nikoubazl/NurPhoto via Getty Images) Ukrainian forces may have targeted routes in Dagestan used by Iran to supply weapons to Russia, the War Zone media outlet said on Nov. 6. In the ...