Consumer Products Solution Brief
Faced with volatile commodity prices, consumer products (CP) companies are challenged with preserving profit margins by procuring commodities more strategically than ever. This paper discusses how CP companies can learn from commodity trading houses to optimize raw material acquisition and ensure FAS 133 (FAS 161)/IAS 39, FAS 157/IFRS 7 and SOX compliance.
Here are highlights of what you'll learn:
- Why price risk tools are critical for sourcing and hedging commodities in volatile markets
- How the proper tools can give procurement managers the real-time transparency, business intelligence and position reporting required to make profitable commodity procurement decisions
- How Triple Point's commodity management solution for companies with large raw material and energy exposure can manage coverage and preserve profit margins