Chapter 1

Supplier Landscape

What Are We Talking About and How Much Do We Need?

The first order of business is figuring out how much “stuff” you are going to need to meet your requirements. In this case, we mentioned earlier that the average person would view our requirements for precious metals as huge. That said, there may be some concerns in your company regarding what impact your requirements may have on world markets. A related and also very important issue is, if it can be determined whether or not any correlations exist between your material requirements and the financial markets. How would your requirements affect the volatility of the base materials? Are there any price inelasticities in your materials? What outside factors, not associated ...

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