Friday, November 21, 2008
Supply Chain Management (SCM) News
SPONSORED LINKS
- Bridging the gap: Achieving high performance in product portfolio management
- Where cost meets control: Applying global fulfillment to enable high performance
- Supply chain management process: Supply chain strategy solutions from Accenture
- Creating an effective China "Cold Supply Chain"
- It takes two: Converging product development and procurement helps companies achieve high performance
- Supply chain management: How to build a successful global operations model
RELATED NEWS
- Rolls-Royce announces fresh job cuts
20 Nov 08 - Hershey wraps-up new appointment
18 Nov 08 - Renault announces tightening of supply chain
18 Nov 08 - Insurance u-turn puts brakes on troubled US car industry
14 Nov 08 - Tightening credit sending European suppliers into a tailspin
14 Nov 08 - New logistics deal signed as Kellogg's thinks outside the box
13 Nov 08
RELATED ARTICLES
- Bottom of the Barrel
- Big Blue's Red adventure
- Spotlight on supply chains places focus on top performers
- Oil prices fuel procurement cost woes
- Jessops turnaround
- Supply chain transformation the key to survival
KNOWLEDGE MANAGEMENT TAGS
"Supply Chain Management"
IEA issues oil demand warning
Global oil demand is set to slump in the next 12 months, the International Energy Agency (IEA) has warned.
The price of crude has fallen to just above $80 a barrel so far this week, as fears of a global recession have continued to mount.
The IEA has said it now expects consumption to fall by 250,000 barrels a day for the remainder of 2008, and by 450,000 barrels a day throughout 2009.
“Weak baseline summer demand in the main OECD consuming countries in the face of higher prices is now being perpetuated by weakening economic prospects and, most recently, by a spiralling liquidity crisis, which risks tipping OECD economies into outright recession,” the IEA said in its monthly oil market report.
A lack of access of credit could also impact on future supplies as oil companies postpone the development of new oil fields or refineries, the IEA said.
= Online Global Members Only 
= Premier Members Only
