On February 12, the German group Thyssen Krupp announced disappointing operating results with a 26% decrease in its operating margin. The price pressure is the bane of management, which actively engages efforts with efficiency programs.
According to a study by Oliver Wyman in 2015, “commodity price fluctuation is the second driven of uncertainty after macroeconomic conditions”.
Oil and metals at their lowest, agriculture too.
How changes in commodity prices impact your business results? How do you track the price of raw materials?