Sustainability Strategies to Combat Commodity Price Volatility
Blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
“Given high commodity prices, procurement organizations should strive to clarify the right level of strategy investments that managers should make in a given category. Provide category managers with a baseline to guide strategy development across categories, and train them to improve strategic decision making regardless of manager terrain knowledge.” –Procurement Strategy Council
Whether directly sourcing raw materials or simply a customer subject to their price fluctuations, volatility in commodities supply has shown have dramatic impact on the entire supply chain. In fact, the level of uncertainty only increases the further remove one becomes from the source. In the case of the most recent commodity price swings, business sustainability risk is popping onto executive’s radars. Click here to continue reading Sustainability Strategies to Combat Commodity Price Volatility.
Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".