Coping Strategies — Rising Cost Of Commodities

Another area of opportunity for the graphic communications service provider is supply chain management; that is to say, improving the process by which you work with your suppliers. Suppliers are busy improving their supply chain management practices in a number of ways to gain added efficiencies.

According to Mark Levin, president of Sun Chemical, “Every industry has been hit dramatically by consumables cost increases, mainly tied to petroleum. To offset that, we look at all of the dynamics to find ways to eliminate duality. We give a lot of thought to how to move product more efficiently by using full truckloads, minimizing shipments and managing the way we take shipments from our suppliers.”