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Home » Direct Materials & Commodity Sourcing Strategies - Improving Results with Advanced Sourcing

Direct Materials & Commodity Sourcing Strategies - Improving Results with Advanced Sourcing

August 8, 2014
SciQuest

Accounting for up to 80% of the cost of finished goods, direct materials that make up the final product sold are often commodity items - but significant effort is spent on minimizing the impact of commodity price volatility on supply chain operations. "Hedging" is one strategy that companies use to reduce commodity volatility risk, but advanced sourcing strategy through the use of technology has proven to have a more significantly beneficial impact on the supply chain. This white paper highlights two case studies where advanced sourcing has provided strong results and risk mitigation.

Please CLICK HERE to view this white paper.

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Logistics Ocean Transportation Sourcing/Procurement/SRM Supply Chain Planning & Optimization Supply Chain Visibility Consumer Packaged Goods Industrial Manufacturing Retail Canada Europe North America
KEYWORDS Canada consumer packaged goods Europe Industrial Manufacturing Logistics North America Ocean Transportation Retail SC Planning & Optimization SciQuest sourcing and procurement solutions Sourcing/Procurement/SCM supply chain planning and optimization Supply Chain Visibility United States
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