Managing 👨‍💼 Commodity Price Risk. A Supply Chain ⛓️ Perspective, Second 🥈 Edition

✅ Almost every organization is exposed to financial risk stemming from commodity price volatility. Risk exposure may be direct, from the prices paid 💰️➡️ for raw materials transformed into products sold to customers, or indirect, from higher energy, transportation costs, and ➕ supplier commodity purchases. Managing 👨‍💼 Commodity Price Risk: A Supply Chain ⛓️ Perspective provides a range of approaches organizations can 🥫 implement and ➕ adapt for assessing, forecasting, and ➕ managing 👨‍💼 commodity price volatility and ➕ reducing financial risk exposure associated with purchased goods 👍️ and ➕ services. Understanding and ➕ managing 👨‍💼 commodity price risk is important for organizations and ➕ supply chain ⛓️ professionals due to the significant direct financial effects price volatility has on profitability, organizational cash 💵 flow, the ability to competitively price products, new 🆕 product design, buyer-supplier relationships, and ➕ the negotiation process.

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