Volatility in world markets, a challenging economy, energy legislation and other economic issues have made commodity markets complex. As a result, today’s buyers not only build strong relationships with suppliers and work within market principles, but also create and execute strategic planning and positions on key commodity items.
This team assesses and monitors market risk in margin management for store operators. Using risk management tools to smooth price volatility, the team centralizes key purchasing and commodity information across all RSCS teams and locations. Proactively monitoring raw-material costs, the commodity risk management team is a critical resource to assist buyers in evaluating market conditions. With the commodities team acting as a central point of contact, purchasing teams share relevant strategies and information across many product categories.