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Easy Solutions to Improve Supply Performance

Purchasing Magazine says "Price
action heats up in energy, transportation, organic chemicals."
Costs are rising due to oil cost increases.
Hedge now.
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Change the
design specification
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Change
suppliers
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Develop
supplier by helping them control their process
Who is more likely to provide better quality parts? A supplier
with which you have good relationship or one you don't?
Answer:
Quality is manufactured into a product. So, what does the
relationship have to do with anything? Well consider this... only a
good relationship with a key supplier will allow you to affect
improvements to their process. Call and we would be glad to
tell you our success stories.
Producer Prices
|
Producers start to pass along oil-related cost increases |
|
(diffusion indexes*) |
|
|
Nov-02 |
Dec-02 |
Jan-03 |
|
Energy |
73.9 |
66.3 |
74.9 |
|
Transportation services |
69.9 |
67.9 |
64.4 |
|
Organic chemicals |
57.7 |
58.5 |
62.7 |
|
Inorganic chemicals |
54.8 |
58.9 |
58.2 |
|
Molded plastics |
57.4 |
53.3 |
58.0 |
|
Copper & brass |
58.3 |
51.2 |
55.3 |
|
Paper |
59.4 |
58.1 |
55.0 |
|
Plastic resins |
59.3 |
55.3 |
55.0 |
|
Fabricated metals |
55.3 |
52.0 |
54.9 |
|
Corrugated |
63.2 |
56.0 |
54.3 |
|
Steel |
61.2 |
51.8 |
53.1 |
|
Aluminum |
53.8 |
47.2 |
52.5 |
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Tooling |
55.1 |
50.0 |
52.0 |
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Semiconductors |
49.1 |
52.8 |
48.8 |
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Passive electronics |
47.2 |
47.2 |
46.3 |
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Industrial machinery |
48.3 |
44.0 |
44.6 |
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Computers |
30.5 |
30.0 |
30.3 |
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