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Case Study in Optimizing Inventory Management | CERAiT Inc. [Video]

Case Study: Optimizing Inventory Management for an E-Commerce Store Client: Online home goods store specializing in seasonal products. Challenge: Client faced frequent overstocking of slow-moving items and stockouts of bestsellers, resulting in lost revenue and high warehousing costs. Solution: Demand Forecasting:

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Home Based Business

Ontario premier threatens US energy cut-off over Trump tariffs [Video]

The premier of Canada’s most populous province said Wednesday he will cut off energy to the United States if President-elect Donald Trump imposes sweeping tariffs on all Canadian products.Trump has threatened to impose a 25% tax on all products entering the U.S. from Canada and Mexico unless they stem the flow of migrants and drugs.We’re going to put our list together, and I’m sure the other provinces will as well. But we will go to the full extent, depending on how far this goes. We will go to the extent of cutting off their energy, Ontario Premier Doug Ford said after meeting with Canadian Prime Minister Justin Trudeau and other provincial premiers.Ford said he didn’t want this to happen but wasn’t optimistic Canada could avoid tariffs.This fight is 100% coming on Jan. 20 or Jan. 21, he said, referencing to the date of Trumps inauguration.We will use every tool in our tool box to fight back. We cant sit back and roll over. We just wont as a country. And isnt this a shame, our closest friends and allies.”About 60% of U.S. crude oil imports are from Canada, and 85% of U.S. electricity imports as well.It wasn’t immediately clear if Ford was talking about all Canadian provinces cutting off energy exports to the U.S. or just his province. But a spokeswoman for Ford, Grace Lee, said it was raised in the call between Trudeau and the provincial premiers.Premier Ford can only speak on behalf of Ontario, but its an area of provincial jurisdiction that we would certainly look at, Lee said in an email.Lee noted Ontario powered 1.5 million homes in the U.S. in 2023 and is a major exporter of electricity to Michigan, Minnesota and New York.Trumps transition team did not immediately respond to a request for comment on the threat.Canada is also the largest foreign supplier of steel, aluminum and uranium to the U.S. and has 34 critical minerals and metals that the Pentagon is eager for and investing for national security.Canada, of course, will respond to unjustified tariffs, Deputy Prime Minister Chrystia Freeland said after the meeting.Freeland said a number of provincial premiers voiced support for a robust response to the tariffs and said that included critical minerals that are exported to the U.S.She didn’t specifically mention oil but said obviously other ideas were discussed as well when asked if Canada is considering cutting off oil exports to America.About a third of Canada’s trade to the U.S. is energy.Nearly $3.6 billion Canadian (US $2.7 billion) worth of goods and services cross the border each day. Canada is the top export destination for 36 U.S. states.Canada has promised more border security spending to address Trump’s concerns. Ford said that will include more border and police officers as well as drones and sniffer dogs.A priority will be to share details of this plan with the incoming Trump administration and with Canadians in the coming days, Public Safety Minister Dominic LeBlanc said.Trudeau said this week tariffs would be absolutely devastating for the Canadian economy, but it would also mean real hardship for Americans.Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, alcohol and other goods.The Produce Distributors Association, a Washington-based trade group, has said tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when the countries retaliate.Canada imposed duties in 2018 against the U.S. in a tit-for-tat response to new taxes on Canadian steel and aluminum.Canadas central bank, meanwhile, lowered its key interest rate by half a percentage point on Wednesday and called Trumps threat to impose sweeping new tariffs on Canada a major source of new uncertainty.We did underline that the threat of new tariffs on Canadian exports, particularly at the level suggested, that is a major source of new uncertainty, Bank of Canada Tiff Macklem said at a press conference. But the reality is we don’t know if those tariffs are going to be implemented.”We don’t know if exemptions are going to be agreed on some parts, we don’t know at what level, we don’t know if Canada will take retaliatory measures.Trudeau, meanwhile, got the attention of billionaire Elon Musk, a big supporter of Trump, with comments he made Tuesday lamenting that U.S. voters selected Trump over Kamala Harris as president.We were supposed to be on a steady if difficult sometimes march toward progress. And yet, just a few weeks ago, the United States voted for a second time to not elect its first woman president, Trudeau said at a event sponsored by Equal Voice, an organization dedicated to improving gender representation in Canadian politics. Everywhere, womens rights and womens progress is under attack overtly and subtly.Musk called Trudeau insufferable” in a post on X. Won’t be in power for much longer, he wrote.Ford also criticized Trudeau for the remarks.They are not helpful at all. It was brought up a couple of times in our meeting, Ford said. Donald Trump was elected democratically. If you like him or you dont like him thats not our issue. We elect Canadians and it was not helpful whatsoever. Im sure the prime minister got the message loud and clear.

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He Said, She Said: How to Manage Online Customer Reviews [Video]

Master the art of managing online customer reviews by addressing feedback, responding effectively, and cultivating a positive online reputation. Your professional brand image depends on it!

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Small Business Lifestyle

Dark chocolate may reduce diabetes risk [Video]

Eating at least five tiny servings of dark chocolate each week may lower the risk of developing type 2 diabetes by 21%, according to a new observational study. In fact, as dark chocolate consumption increased from none to five servings, so did the benefits, the study found.Before you start scarfing down an entire chocolate bar, however, be aware that a serving is 1 ounce, and it must be dark chocolate to do the trick milk chocolate lovers are out of luck. The study found eating milk chocolate was linked to excessive weight gain over time, a key contributor to the development of type 2 diabetes.”Dark and milk chocolate have similar levels of added sugar, fat and calories, but the most important difference is that dark chocolate contains more cacao,” said lead author Binkai Liu, a doctoral student in the nutrition department of Harvard T.H. Chan School of Public Health.Cacao is the raw and less-processed form of chocolate harvested from the Theobroma cacao tree. Cacao contains the highest levels of flavanols, so the greater the percentage of cacao listed on the label of the dark chocolate bar, the more flavanols it will contain. Flavanols act as antioxidants and reduce inflammation that can trigger or worsen chronic conditions such as heart disease and diabetes.While the study could not prove cause and effect, it’s possible that higher levels of flavanols in cacao might be a reason for the different impact of the two chocolates, Liu said.”The bioactive compounds in cacao called flavanols have been shown in animal studies and small-scale human experimental studies to improve insulin sensitivity and reduce oxidative stress and inflammation, all of which are components in the pathophysiology of diabetes,” said Dr. Nestoras Mathioudakis, co-medical director of the Diabetes Prevention and Education Program at Johns Hopkins Medicine in Baltimore.”So it’s plausible the high flavonoid content in dark chocolate could have beneficial effects,” said Mathioudakis, who was not involved in the new study.A growing health concernAbout 1 in 10 Americans have diabetes, and up to 95% of those have been diagnosed with type 2 diabetes, according to the U.S. Centers for Disease Control and Prevention. Globally, the news is even worse a July 2023 study estimated there could be at least 1.31 billion cases of diabetes by 2050, up from 529 million in 2021.Drivers of this trend include lower levels of physical activity, alcohol and tobacco use, and poor diets, including an overdependence on ultraprocessed foods.An observational study published in September found every 10% increase in ultraprocessed foods led to a 17% higher chance of developing type 2 diabetes.Chocolate can easily fall into the ultraprocessed category so would a doctor actually suggest that a person at risk for type 2 diabetes eat any chocolate, even if it’s dark?”Chocolate products are candy and contain sugar, so I don’t encourage people to consume chocolate for better glucose control, and I’m not sure that I would on the basis of this study alone,” Mathioudakis said.”I would suggest alternative sources, especially dark berries such as blueberries, blackberries and pomegranates, apples and tea,” he said. “Red wine contains flavanols as well, but again, I would not recommend wine either.”Milk chocolate didn’t workThe study, published Wednesday in The BMJ journal, analyzed data from three long-term studies the original Nurses’ Health Study, the Nurses’ Health Study II and the Health Professionals Follow-Up Study.Study participants completed food questionnaires every four years over a 25-year period. Researchers then looked at dark chocolate, milk chocolate and total chocolate consumption among over 111,000 chocolate aficionados.After adjusting for dietary and lifestyle risk factors, researchers found those who ate at least five 1-ounce servings a week of any type of chocolate showed a significant 10% lower rate of type 2 diabetes compared with those who rarely or never ate chocolate.However, when the types of chocolate were factored in, the data showed no significant reduction in diabetes risk when consuming milk chocolate.People who ate at least five servings a week of dark chocolate, however, showed a significant 21% lower risk of type 2 diabetes and did not experience the long-term weight gain seen with milk chocolate.Opting for fruits and veggies may be bestThe study has limitations, the authors point out. People in the study were older White adults, and chocolate consumption was relatively low. In addition, the results conflicted with a December 2023 study that found no benefit for diabetes in cocoa consumption.”The authors themselves reference a large, randomized controlled trial that gave 21,000 people 500 milligrams of cocoa flavanols, and it lowered the risk of death, but it did not lower the risk of diabetes,” Mathioudakis said.”They are not clear about why their study is not aligned with that randomized control trial,” he added. “We need more randomized controlled clinical trials.”There’s another concern as well, according to Mathioudakis. Recent studies have found dark chocolate and similar cocoa products are contaminated with lead and cadmium, two neurotoxic metals that are linked to cancer, chronic disease, or reproductive and developmental issues, especially in children. Organic versions of dark chocolate had some of the highest levels, likely due to industrial pollution in developing countries where cacao trees are grown.What’s the takeaway? If you’re not a chocolate fan, it’s probably best to opt for fruit and vegetable sources of flavonoids and leave the candy alone, Mathioudakis said. If you can’t live without a piece of chocolate, however, try to keep it to 1 ounce of dark chocolate a few times a week.”For anyone who loves chocolate,” Liu said, “this is a reminder that making small choices, like choosing dark chocolate over milk chocolate, can make a positive difference to their health.”