Categories: Ratio

Supply Chain & Ops Management: What You Need to Know

Supply chain and operations management is increasingly becoming a critical factor for businesses looking for success in the global economy. Forex, short for foreign exchange, involves trading one currency for another and is a necessity for any modern business doing business internationally. Companies need to understand the intricacies of the forex market in order to accurately predict currency movements in order to buy, sell, or hedge against currency risk. Knowing how to use both technical and fundamental analysis techniques can give firms a competitive advantage when operating in the forex market. By staying up to date on current market conditions, companies can plan their operations strategies more effectively and take advantage of opportunities for cost savings.

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