The following article is originally published in the April 2011 edition of ISM™ (Institute for Supply Management™) eDigest: Chemicals Newsletter
Energy Commodities Forecasting
Establishing an intelligence network gives you a competitive edge
In recent years, there has been a great deal of instability in the price of energy sources and basic feedstocks, including oil and natural gas. This volatility is the result of tight supply resulting from changes in global demand. It has prompted companies to place more emphasis on supply chain market intelligence (MI), as well as on business intelligence (BI).