Supply Excellence

Surging Dollar’s Impact on Steel Prices

October 24th, 2008 · 1 Comment · LCCS and trade, best practices, sourcing, supply management

It’s that time of the quarter again when I get a chance to take a step back, gather my thoughts and scour through the data as I write the metals category article for SupplyWatch. As you can guess…there’s a LOT to talk about this quarter. Plummeting commodity prices, a global credit crisis and an underlying [...]

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Currency Exchange Impacts on Central & Eastern Europe

August 14th, 2008 · 1 Comment · LCCS and trade, best practices, sourcing, supply management, supply risk

Everybody is aware of the trans-Atlantic trade implications of a weak US dollar, which has lost another 12% of it’s value against the Euro in the last year. European exporters are struggling if they deliver to US customers, whose purchasing power has been greatly diminished in the last few years (see the graph on Kevin [...]

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Hedging Your Bets: Currency Fluctuations & the Supply Chain

August 12th, 2008 · 2 Comments · LCCS and trade, best practices, sourcing, supplier management, supply management, supply risk

A wise man in procurement once told me, “if we could predict what currency was going to do, none of us would be in this business.” Although it won’t stop some people from attempting to break into the growing trend of currency ‘day-trading’, it should remind everyone in sourcing and procurement of 2 things. First, [...]

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