We help Supply Chain Professionals succeed in negotiations.
Established in 2001, ProPurchaser has grown to become a trusted resource for thousands of Procurement Professionals. We track prices for hundreds of commodities and other cost drivers that affect suppliers’ production costs; and send out alerts as changes occur. When suppliers’ costs fall, our members use this information to negotiate lower prices; when suppliers’ costs rise, they use it to fend off unsupportable increases. ProPurchaser contains data, tools and resources that allow our members to speak with authority, improve their position, and achieve their negotiations goals.
- Isopropyl-alcohol prices have more than tripled in the U.S. since March 10 and reached $3,160 a metric ton Tuesday, according to S&P Global Platts—the highest price on record dating back to 1986.WSJ - Joe WallaceCoronavirus Pandemic Sparks Price Surge for Alcohol Used in Hand SanitizerA key ingredient in hand sanitizers and medical disinfectants has become hard to obtain, triggering its price to surge to an all-time high.
- Oil jumps on hopes for a truce in the price war between Saudi Arabia and Russia and the possibility of action from the White House #Commodities #crudeoilWSJ - @davidhodariCrude Leaps More Than 20% on Hopes Price War Will EndHopes for a truce in the global oil-price war powered the biggest one-day jump on record for crude prices, with investors betting an ease in tensions would alleviate some of the pressure from the coronavirus crisis.
- "Building out cost models requires alignment between the big picture and a detailed view. People often take negotiating positions at a higher level, but they need to be able to support those positions with detailed data." https://t.co/HTWHQQfz0y https://t.co/mzxslVJSiX
- Countries that rely on imported grains to feed their populations have ramped up purchases to ensure they have sufficient stockpiles to see out the pandemic.WSJ - @kirkmaltaisWheat and Rice Prices Surge in Coronavirus LockdownDifficulties moving grain within countries and across borders, coupled with frenzied buying, could exacerbate the impact of the pandemic on the global food market.
- First the U.S.-China trade war dealt a blow to copper prices—then the coronavirus hit supply and demandWSJ - @pellejerosebCopper’s Terrible Quarter Could Just Be the StartCopper prices are on track for their worst start to a year in more than three decades. Some investors think the biggest blows from the coronavirus crisis may still lie ahead.
- A physical plant tour is the best way to gather reliable information about your supplier's capabilities. Listen to Rod Sherkin's latest podcast with Supply Chain Now Radio for advice about making plant tours worth your time.
- Plant tours are a great way to learn about supplier capabilities, quality & service culture. Determine whether or not they can make a profit and still give you the pricing / service you need!
- Crude-oil prices drop back toward the 18-year low they hit last week.WSJ - @AmrithRamkumarOil Slides on Renewed Demand WoesOil prices slid, paring nearly all of their weekly rebound as traders weighed signs that fuel demand and economic activity could fall even more than feared due to the coronavirus.
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