What Every Supply Manager Must Know About Economics
Brian G. Long, Ph.D., C.P.M.
Brian G. Long, Ph.D., C.P.M., President, Marketing and Management Institute, Inc., (269) 323-1531; Brian@mmii.org
90th Annual International Conference Proceedings - 2005 - San Antonio, TX
Prices. Where do they come from? Where are they going? Even the casual reader of the ISM "Report on Business" will note that the purchasing environment for the past two years has been punctuated by rising prices and chronic shortages of many key commodities. In today's enlightened environment of supply chain management, it is essential that purchasers understand the 21st century economic environment in order to successfully ensure world competitive pricing, cost reduction, and continuous supply.