Cost models may seem simple but there are enormous complexities involved. Sourcing managers should know when and how to use different types of cost models.
The Beroe LiVE community had voiced their topmost worry last year: Fifty five percent of those who were surveyed said that they were worried about global squabble over free trade. And their worry is coming true.
Chinese suppliers are moving up the value chain in the silicones space, which could potentially threaten the dominance of global players. This trend could have wide implications ranging from cost to product innovation.
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