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Procurement Espresso

PROCUREMENT’S

HALAL PROBLEM

As there is no single global standard, Halal compliance and supplier selection can emerge as a sourcing challenge

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Cost and Innovation cross swords

in the Silicones Market: buyers to benefit

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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Low cost country sourcing:

not a static game anymore

Volatile commodity prices, natural calamities, changing geo-political scenarios, rising consumer activism and lack of legal infrastructure to safeguard product designs all have a role to play in deciding if there is value in adopting a specific low cost sourcing strategy.

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What type of relationship exists

between prices of

Crude Oil and Polyethylene?

It is logical to say that prices of crude oil, polyethylene and ethylene are related to each other. But what sort of relationship do they follow? Is it linear? Do they have high or low correlation? Or are they related at all?

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