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Thursday
Apr102008

Managing Price Volatility - Just Pass it On

DateThursday, April 10, 2008 at 09:25PM

A recent article in the Telegraph titled "High commodity prices are hard to swallow" points out that one strategy for price volatility management -  just "pass on" the increase. If this were the way your business operated - you wouldn't really need procurement.

Different skills are required in this environment - classic marketing and production skills might now be less important than skilful procurement and risk management. Today's environment should help demand for procurement professionals.

Of course, what's happening today is rather timid compared to the Jimmy Carter era. Anyone remember 16% inflation with double digit interest rates?

AuthorDaveM | CommentPost a Comment | Reference1 Reference |
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  • Response
    Response: einsurance
    at einsurance on September 20, 2008
    The foreign exchange market, or Forex market, is an around- the- clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U. S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value ...

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