The National Economics Convention (NCEC) will hold its annual forum this November 2022. With the recent happenings in the global economy, health and food crises have begun to arise due to the pandemic and the dispute between Ukraine and Russia. These crises brought the Philippines which severely affects the people as well as the production, business firms, and other performing agents. In this case, people may experience famine or food insecurity.Â
On November 19, 2022, join us on OUT OF STOCK!: Understanding the Structure of Supply Chain Management in the Philippines via Zoom Cyber Space and NCEC Facebook Live, as we dig deeper into why commodity prices are surging rapidly. You may now register through this link:Â https://bit.ly/NCECOutOfStock
As shortages have become a hot topic, this is the best time to familiarize people with how global issues, such as supply and demand affect our daily needs. With the recent news of a commodity shortage, some goods like potatoes, sugar, onion, and meat have become scarce and companies are forced to come to a tradeoff. It has been observed through different fast food chains and local restaurants that some of their food can’t be served due to shortage. This leads people to question the issue and demand their needs. Understanding the Supply Chain Management in the Philippine Economy can help them gain a better outlook on what goes on behind the phrase, “OUT OF STOCK.”
