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Managing Commodity Price Risk: A Supply Chain Perspective

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PublisherBusiness Expert Press
ISBN 139781631570636
ISBN 101631570633
AuthorGeorge A. Zsidisin
LanguageEnglish
Book DescriptionAlmost every organization is exposed to financial risk stemming from commodity price volatility. Risk exposure may be direct, from the prices paid for raw materials transformed into products sold to customers, or indirect, from higher energy, transportation costs, and supplier commodity purchases. Managing Commodity Price Risk: A Supply Chain Perspective provides a range of approaches organizations can implement and adapt for assessing, forecasting, and managing commodity price volatility and reducing financial risk exposure associated with purchased goods and services. Understanding and managing commodity price risk is important for organizations and supply chain professionals due to the significant direct financial effects price volatility has on profitability, organizational cash flow, the ability to competitively price products, new product design, buyer–supplier relationships, and the negotiation process.
About the AuthorGeorge A. Zsidisin, PhD, CPSM, CPM, is a professor of supply chain management at Virginia Commonwealth University.Janet L. Hartley, PhD, is a professor and director of the Supply Chain Management Institute at Bowling Green State UniversityBarbara Gaudenzi, PhD, is an associate professor of marketing and logistics at the Department of Business Administration of the University of Verona, Italy.
Publication Date30 October 2016
Number of Pages153 pages

Managing Commodity Price Risk: A Supply Chain Perspective

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