Polypropylene – It’s our currency
For most polypropylene convertors, their procurement strategy is divided between two primary verticals: contract floating price and spot volume. Both are susceptible to significant price swings in the market.
BlueClover suggests a more diversified portfolio by introducing a third vertical for “fixed price.” When polypropylene pricing volatility can be removed from your business, the benefits include accurate forecast budgeting on resin spend, potentially enhanced profit margin, and freeing up time from working on spot purchases across multiple suppliers each month.
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