Strategies to Manage Commodity Risk in Procuring Chemicals

Strategies to Manage Commodity Risk in Procuring Chemicals

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2/3/2012

A goal for any procurement organization is to implement proper risk management of commodity inputs to generate a competitive advantage. Accurate commodity price projections are vital to sustaining margins and profitability. Understanding and quantifying exposure to commodity pricing, and strategizing to minimize risk, can be challenging. In this episode, John Moyer and Tom Gildersleeve discuss strategies for managing commodity risk with specific emphasis on chemicals.

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