• Economy

    Supply Chain Improvements On The Horizon

    The supply chain is a term that describes all the activities and functions involved in moving a product or service from supplier to customer. The supply chain’s primary purpose is to deliver products to customers at a profit. The supply chain will provide products at a cost (or price) that covers its expenses, including labor, materials, and overhead costs. As part of doing so, it will include processes for receiving, storing, moving, and delivering those products. A good experience for the consumer is also important because they might buy more products from the company if they enjoy shopping there. The supply chain can be divided into two main categories: manufacturing…

  • Economy

    What Is Post Pandemic Hyperinflation And Why Do We Care?

    The world is now amid the worst financial crisis since the Great Depression. It doesn’t look like we’re getting out of it anytime soon. With people’s salaries and savings diminishing with each passing day, it’s time we look at what will happen if this situation persists for too long or worsens even further. There are two main scenarios as far as hyperinflation goes: One where hyperinflation happens very quickly (usually because there has been some kind of breakdown in society) and one where it takes much longer for inflation to reach such high levels. Let’s first talk about how rapidly things can change when hyperinflation hits quickly. Hyperinflation could be…