by Janice Marquardt | Jul 16, 2024 | Definitions, Processes, Savings
One of the best tools to share price risks between buyers and suppliers is index-linked pricing. Most procurement professionals have heard of and used commodity indices to tie pricing to the wider market, but in short they are a third-party tracking tool for commodity...
by Janice Marquardt | Jul 9, 2024 | Creative Solutions, Savings
I first encountered supply chain rebates a few years into my supply chain career, and confess they baffled me. How could a savings mechanism where a supplier cut their customer a check retroactively ever be sustainable? Yet one of my suppliers was using them...
