Inside Supply Management Magazine
January / February 2020
The Commodity Prices Seesaw
January 01, 2020
Balancing supply chain risk exposure and cost optimization can help companies manage volatile raw materials and components.
Geopolitical events like tariffs and trade wars, adverse weather conditions, and economic uncertainty are among the factors increasing price volatility in today’s supply chains. They impact direct costs of raw materials and components as well as indirect costs from energy consumed in operations, creating challenges and increased risk for supply management organizations....
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