Supply Chain by the Numbers: Week of December 4 , 2008
 

-December 3, 2008
   
 

This Week's Supply Chain by the Numbers - Oil Prices, YRC Worldwide, Tesco, Global Expansion and Risk

   
 

The Supply Chain and Logistics Numbers Worth Knowing This Week: Oil Price Haggling - Do I Hear $75?; Teamsters Lose Green as they Team Up to Save Yellow; Tesco Defers - Why Pay Now That Which Can be Paid Later?; Global Expansion - Growing Like a Weed

   
 
 
 

$75

The price the Saudi Arabian oil minister said this week was the appropriate price for a barrel of oil. That as the current price hovers below $50, an incredible drop from more than $140 less than six months ago, and OPEC looks for ways to goose the price.
 
 



 

10%

The immediate hourly wage decrease tentatively approved by the Teamsters union for struggling LTL giant YRC Worldwide (Yellow Roadway), affecting some 40,000 drivers and terminal operators, though the proposal is still subject to union member approval.
 
 
60

The number of days in which UK retailer giant Tesco recently announced it was going to start paying its non-food suppliers, up from 30 or so, to help it manage cash better in the Christmas season. Tesco joins GM, Ford and probably many other companies that have also recently extended payment terms to 60 days – or more.
 
 
 
 
42%

 

 

The percent of executives who say that global expansion has outpaced their company’s ability to well manage supply chain risks, according to a recent survey by UPS.
 
 
 
 
 
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