Direct impact: How procurement can mitigate spiraling Cost of Goods Sold

Direct impact: How procurement can mitigate spiraling Cost of Goods Sold

Join this webinar as we navigate through the supply chain challenges impacting on price volatility and how procurement teams can manage their Cost of Goods and Services (COGS).

Nearly every industry is getting hammered by skyrocketing commodities costs, massive materials shortages and overheated demand. Unfortunately, the news isn’t expected to get better any time soon.

To counteract this trend, procurement teams face mounting pressure to stop prices from spiraling out of control. As such, the CPO must embrace the role of value leader. And procurement teams need the right tools and strategies to curb Cost of Goods Sold (COGS).

In this webinar, produced in partnership with GEP, we will discuss innovative approaches to managing the price you pay for raw materials. We’ll also explore leveraging the relationship between SG&A and COGS. Don’t miss the opportunity to make your procurement more impervious to price fluctuations with the technology and techniques to control COGS. 

On the agenda:

  • Building a bullet-proof commodities risk plan

  • Gaining executive buy-in on pricing strategies

  • Recognising the value of should-cost models

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