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Category Archives: Competition
Is OPEC about to break-up?
OPEC is an organisation made up of 12 oil-producing countries which operates as a cartel to try to control oil prices. It was formed in 1960 by Iran, Iraq, Kuwait, Venezuela and Saudi Arabia, with most of the rest of … Continue reading
Supply chain inefficiency
If your company is part of a supply chain then you are probably not maximizing your profits. This post looks at why and in future posts I will look at what can be done to increase profits. Supply chains can … Continue reading
Posted in Business, Competition, Pricing Tagged game theory, inefficiency, pricing, procurement, supply, supply chain Comments Off
Oil prices and OPEC
OPEC will meet today (8th June) to decide levels of production. The FT says this: ‘A large increase in production could damp current high prices, while a decision to maintain production levels would set the scene for a large drawdown … Continue reading
Posted in Business, Competition, Pricing Tagged demand, oil, oil price, opec, pricing, supply 2 Comments





