Strategic Sourceror
MAY 10, 2022
At the same time, Russia's military action in Ukraine and NATO's reprisal sanctions on Russia have completely sidelined the region that exports 3/4ths of all raw sunflowers in the world. Shortages and price hikes on oil have led to protests and disturbances in the country and become a hot-button political issue.
Strategic Sourceror
SEPTEMBER 16, 2022
Russia and Ukraine are both major global exporters of this ubiquitous grain, accounting for nearly 30% of worldwide production as of 2021 , based on the most recent estimates available from the U.S. " While snack cakes are primarily known for their sugar content, they contain dozens of ingredients beyond sugar. One of this is wheat.
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Strategic Sourceror
JULY 12, 2022
The war in Ukraine has also contributed to soaring inflation, particularly for staple products like wheat, which is a major export from that part of the world. This is due to more export activity from Indonesia, which is responsible for much of the world's palm oil production. Brought to you by the StrategicSourceror.
Strategic Sourceror
FEBRUARY 8, 2023
Most of the world's lithium comes from China and Chile, with the South American nation exporting approximately two-thirds of the globe's lithium carbonate, according to Boston Consulting Group. The fact that lithium has to be shipped is also contributing to higher prices. Brought to you by the StrategicSourceror.
Arkestro
DECEMBER 5, 2022
According to a McKinsey & Company article, they supply “about 30 percent of global exports of wheat and barley, 65 percent of sunflower seed oil, and 15 percent of corn.”. It will source the packaging before inflation further drives up the cost. Both Russia and Ukraine are the breadbasket for a lot of the world.
Empowering CPO
JULY 17, 2023
From country-specific import/export laws to industry-specific quality regulations, compliance is a critical aspect of procurement that can have significant legal and financial implications. We employ strategic sourcing methodologies to identify the best suppliers and negotiate favorable terms.
Empowering CPO
JULY 17, 2023
From country-specific import/export laws to industry-specific quality regulations, compliance is a critical aspect of procurement that can have significant legal and financial implications. We employ strategic sourcing methodologies to identify the best suppliers and negotiate favorable terms.
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