Raw wounds
July 5, 2011
More than ever before, UK manufacturers have to deal with rapid change in their supply chains. Raw material availability has become more volatile and costs have risen dramatically, with agricultural input costs 2.5 times higher than 2008, copper 2.3, and cotton nearly five.
This could be viewed as a reason for doom and gloom, but there is another side to this. The rewards for effective management of raw materials are greater than ever before. (more…)
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