Maverik is a chain of convenience stores that is currently in an aggressive growth mode. Procurement manager Bart Ward tells how the company is handling the transition, and adjusting its supply chain accordingly.

Ocean freight rates for cargoes moving under contracts on major East-West routes have increased for the first time in years, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers seeking to more closely monitor their international freight costs.

Best Buy Canada, a subsidiary of Best Buy Co., announced it is consolidating the Future Shop and Best Buy stores and websites under the Best Buy brand and unveiled a plan to build a leading multichannel customer experience.

Fragmentation in the healthcare industry's supply chain inhibits the ability to evaluate clinical efficacy of purchased supplies, as well as identify opportunities to improve efficiency.

Global dry cargo demand growth, forecast at 5 percent per annum from 2016 to 2019, should be offset by falling project cargo volumes over the next 12 to 18 months, according to the latest edition of the Multipurpose Shipping Market Review and Forecaster, published by Drewry Maritime Research.

Applying leverage in negotiations results in a zero-sum outcome where one side wins and the other side loses. This typically means that the winner ends up with somewhat more than 50 percent of their hoped-for result and the loser gets somewhat less than 50 percent since, just as in sports competitions where the potential results are win-lose, lose-win and tie, the use of leverage doesn't allow for combined outcomes above 100 percent. Zero-sum outcomes not only create a relational imbalance, they create hard feelings. People who lose in one negotiation often do their best to turn the tables the next time such that they win - and you lose.