Raw materials management 2014 – Survey in cooperation with the Handelsblatt
How effectively does your raw materials management react to political crises?
Raw materials costs are still important for companies but executives are less concerned than in previous years. However, achieving stability is elusive and price fluctuations are hard to predict. How well are companies prepared for the future and how flexible can they respond to effects of political crises on raw materials markets?
- This year’s Raw Materials Survey shows that raw material costs have recently become less important to companies, regardless of anticipated price increases and fluctuations. Supply problems don’t just affect major raw
material groups such as rare earth elements, energy and metals are now experiencing more issues compared to previous years and there is a falling trend on implementing protective measures.
- Respondents estimate energy sources to be the most affected (55 percent) by international crises followed by rare earth elements (39 percent) and precious metals (30 percent), with most anticipating fluctuating prices.
- About a third of the companies make no use of financial products as a means of hedging with more than 50 percent using hedging for less than 20 percent of the raw materials used.
Please find more information about the survey results and guidance for your raw materials management in our E-book.