David Savastano, Editor10.01.15
For purchasing executives, stability is a longed-for goal, and volatility is a bad word. Ink industry leaders have had their share of volatility in recent years. With crude oil prices falling, ink companies are catching their breath, but not all is as peaceful as it seems.
In my article, “The 2015 Raw Material Report,” which starts on page 20, leading purchasing executives in the ink industry discuss the implications of the lower crude oil costs.
However, there are other issues that ink companies are working on. Currency rates have shifted dramatically, with the euro dropping 20% compared to the dollar in recent months. Transportation costs are also on the rise.
Purchasing executives are closely watching these new issues, as well as judging the impact of more environmental regulations in Asia and Europe, further consolidation among suppliers, and companies leaving the market altogether. All in all, it remains a busy time for purchasing departments.
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