You're facing fluctuating prices from key suppliers. How do you decide which ones to prioritize first?
When you're dealing with fluctuating prices from key suppliers, it's crucial to approach the situation strategically. Supplier sourcing is a complex task that requires a keen understanding of your business's needs and the market at large. In this environment, prices can change due to various factors such as raw material costs, demand shifts, or economic instability. As someone responsible for managing these relationships and costs, you need to prioritize which suppliers to focus on first to ensure the stability and profitability of your business. The following sections will guide you through this decision-making process.
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Dr. Srinivasan CTHead of Infrastructure Management & Procurement at Reliance Nippon Insurance
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John Medina, MPHRegional Director of Supply Chain Optimization at Medline Industries, LP
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Pauline LAFAIRE - EMMAFondatrice et Consultante Up'timise - Conseils en achats - Expertise CHR 🚀 Responsable achats externe au service de…