Iced tea has long been a favorite summer drink during the long hot summer. In fact, 85% of all tea consumed within the US is iced. As we approach the summer season, let’s turn our attention to tea and explore what has been happening in the major producing regions.
commodities Content
Commodity Price Management at BorgWarner (Part 2) — Going Deep in Profit Risk Mitigation and Improvement [Plus+]
In a Supply Chain Management Review article I penned last year, I talked about some research I had done regarding the integration (or lack thereof) of input cost planning and forecasting to the business plan (including the impact on profit). The figure below shows that 39% of procurement organizations perceive that they do a decent job at mitigating price inflation, but less than a third have an integrated cross-functional process for doing so, and only a fourth of firms use centers of excellence, specialized analytics, and third-party services to help them anticipate future input costs.
Commodity Price Management at BorgWarner Part 1: The Tip of the Iceberg in Supply Analytics
BorgWarner gave a terrific presentation at this year’s ISM annual conference regarding Commodity Price Risk Management that I thought I'd share. Borg Warner is a […]
Rice: Tiger Cub Roars, US Buys More
Spend Matters welcomes a guest post from Jade Savage, of Mintec. Over the past year, the price of rice has risen considerably in the tiger […]
The Sting in Honey Prices
Spend Matters welcomes another guest post from Abigail Green of Mintec. US honey prices have been rising steadily and significantly over the past couple of […]
What Procurement Can Learn From the SAP Acquisition of SmartOps
SAP just acquired supply chain planning vendor SmartOps. SmartOps and Optiant came onto the supply chain scene over 10 years ago, and there were a […]
The More Toppings, The Batter: Pancake Ingredients
Spend Matters welcomes a guest post from Sam Parry of Mintec. First an article covering chicken wings and the Super Bowl and then one on […]
Hot Commodities, The Valentine’s Day Edition
Spend Matters welcomes a guest post from Abigail Green, at Mintec. William Shakespeare once wrote, “If music be the food of love, play on,” linking […]
US Chicken Wing Prices Flying High
Spend Matters welcomes a guest post from Nick Smith, at Mintec. Super Bowl weekend is a huge event not only in the American sporting calendar […]
Fewer Anchovies Lead to More Expensive Salmon
Spend Matters welcomes a guest post from Mark Kozlowski, at Mintec. When it comes to seafood consumption, the US is second only to China, consuming over […]
Ethanol vs. Corn: Weathering Hot Conditions
Spend Matters welcomes a guest post from Nick Peksa, at Mintec Ltd. On the December 3, 2012, the New York Mercantile Exchange, Inc. (NYMEX or […]
2012 Commodity Review: Maize, Oil, Sugar, Coffee, Dairy, Plastic, and Coal
Spend Matters welcomes a guest post from James Hutchings, at Mintec Ltd. Whilst the European economy appears to be successfully resisting any and all efforts […]