Month: May 2024

What key questions should supply chain leaders ask to evaluate their progress in optimizing price indexing? A Strategic Guide for Price Risk Sharing and Indexing in Buyer-Supplier Contracts: Approaches, Management, and Automation Opportunities

A Strategic Guide for Price Risk Sharing and Indexing in Buyer-Supplier Contracts: Approaches, Management, and Automation Opportunities What key questions should supply chain leaders ask to evaluate their progress in optimizing price indexing? This template provides a strategic framework for companies to effectively determine and refine their approach to price indexing, including formulas and economic adjustments. It guides businesses in establishing robust methods for tracking and managing indexing activities, ensuring...

70% of new supplier agreements contain inflation driven economic adjustment clauses with the use of indices being the most common. It might be time for price risk sharing in buyer-supplier relationships. Has Strategic Cost Mgmt (i.e., Price Analysis) become a lost art? Tools we use to teach this:

Case study reports and presentations: https://www.simecurkovic.com/wp-content/uploads/2024/05/CoverCurkovicPriceRIskSCMR2024.pdf https://bt.e-ditionsbyfry.com/publication/?i=821164&p=34&view=issueViewer https://www.simecurkovic.com/wp-content/uploads/2024/05/SimeCurkovicASCMPresentation2023a.pdf https://www.simecurkovic.com/wp-content/uploads/2024/05/Things-to-do-today-SCM-v5-1a.pdf 70% of new supplier agreements contain inflation driven economic adjustment clauses with the use of indices being the most common. https://lnkd.in/g_ByzrNU. It might be time for price risk sharing in buyer-supplier relationships. Has Strategic Cost Mgmt (i.e., Price Analysis) become a lost art? Tools we use to teach this: https://www.linkedin.com/posts/sime-curkovic-61617a115_scm-procurement-inflation-activity-7039957830296100864-wujy?utm_source=share&utm_medium=member_desktop. We are teaching our students to look at raw material market data from...