Sourcing natural commodities
29 August 2012
Q: I am a supply chain manager for a company that sells a natural commodity as a branded product. For the past few years, we have had a strategic sourcing relationship with a larger company. This is causing two problems: first, I do not have direct access
A: Darrell High, cocoa purchasing manager for Nestlé, writes: Natural commodities are interesting but challenging to buy. This is because the amount available can vary from season to season, prices can be volatile and supply erratic. Add to that quality varying with the crop for agricultural products, and the countries they are grown in...