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4C partners with The Smart Cube to give its clients high-quality commodity intelligence
- 4C uses The Smart Cube’s Commodity Intelligence solution as part of its advisory services.
- Using timely commodity insights, the firm’s consultants can reduce their clients’ exposure to risk.
A consultancy firm embedded in its clients’ strategies
Even the most established procurement teams can have gaps in their commodity management strategies.
Sometimes, it might be a case of not understanding the cost bases of their requirements, exposing themselves to risk when a commodity price fluctuation causes an essential component to skyrocket in price. In other cases, a procurement team may be misaligned to the business strategy, such as having a strategy for buying commodities at the lowest price and opting for spot purchasing, potentially risking supply security, which may be of far greater importance to the business.
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