{"id":100078,"date":"2024-04-22T14:17:06","date_gmt":"2024-04-22T12:17:06","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=100078"},"modified":"2024-09-16T10:35:25","modified_gmt":"2024-09-16T08:35:25","slug":"smi-14-cover-story-raw-material-procurement-an-advanced-strategy-game","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-14\/cover-story-raw-materials-procurement\/","title":{"rendered":"Raw materials procurement: An advanced strategy game | SMI 14 Cover Story"},"content":{"rendered":"<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h2><span style=\"color: #ffc20a;\">Discover key strategies for raw materials procurement<\/span><\/h2>\n<p><strong><span style=\"color: #38a896;\">Unlock insights on how leading companies are navigating challenges and securing competitive advantages, through strategic raw materials procurement and innovative approaches, in our exclusive article. This article offers a thorough analysis and practical solutions for what is a major current business issue. Download the full article to enhance your understanding of this important problem and adjust your strategies accordingly.<\/span><\/strong><\/p>\n<h2><\/h2>\n<h2><span style=\"color: #ffc20a;\">Contents of the cover story:<\/span><\/h2><\/div><\/div><\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><ul class=\"checklist\">\n<li><strong>Understanding market dynamics: <\/strong>Gain insights into how geopolitical conflicts can significantly influence market volatility and affect the availability of resources like gas, rare earths and more.<\/li>\n<li><strong>Strategic approaches: <\/strong>Learn how companies manage risks through long-term contracts, price escalation clauses and supplier diversification.<\/li>\n<li><strong>Innovative procurement methods: <\/strong>Discover how modern tools and smart warehousing help companies proactively respond to price volatility and supply shortages.<\/li>\n<li><strong>Sustainability and recycling: <\/strong>Explore how sustainability in raw materials procurement brings both ecological and economic benefits.<\/li>\n<li><strong>Practical examples and case atudies: <\/strong>Read concrete examples from leading companies on how strategic raw materials procurement is implemented in practice.<\/li>\n<li><strong>Future-oriented strategies: <\/strong>Prepare for future challenges with actionable insights and expert advice on optimizing your raw material strategy.<\/li>\n<\/ul><\/div>\n<div class=\"col-lg-6\"><p><img decoding=\"async\" class=\"alignnone size-full wp-image-99390\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/04\/animation-2024-03-01.svg\" alt=\"\" \/><\/p><\/div><\/div><\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><div class=\"icon-boxes  \" data-moduleID=\"100094\" is=\"summary-box\">\n    <div class=\"summary-box-padding overflow-visible\">\n        <div class=\"icon-box has-icon pos-left fadeIn\" style=\"border-color: rgb(37, 188, 173);\" data-animated-icon=\"false\">\n            \n                <div class=\"icon\">\n                    <div class=\"inner\">\n\n                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/04\/SMI-14-EN-yellow.png\" width=\"500\" height=\"150\" loading=\"lazy\" alt=\"Icon - The article is part of our magazine issue &quot;Managing Volatility in raw materials procurement.&quot; In addition to the cover story, you will also receive the following articles when you download the issue:\" \/>\n                        \n                    <\/div>\n                <\/div>\n\n            \n                            <div is=\"accordion\">\n                    <div class=\"accordion-item\">\n                        <div class=\"accordion-header\" id=\"heading-2f735b2368078dc9f10cf4093dbc3a5d\">\n                            <button class=\"accordion-button collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-2f735b2368078dc9f10cf4093dbc3a5d\" aria-expanded=\"false\" aria-controls=\"collapse-2f735b2368078dc9f10cf4093dbc3a5d\">\n                                <span class=\"accordion-button-label\">\n                                    <span>The article is part of our magazine issue &quot;Managing Volatility in raw materials procurement.&quot; In addition to the cover story, you will also receive the following articles when you download the issue:<\/span>\n                                <\/span>\n                            <\/button>\n                        <\/div>\n                        <div id=\"collapse-2f735b2368078dc9f10cf4093dbc3a5d\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-2f735b2368078dc9f10cf4093dbc3a5d\">\n                            <div class=\"accordion-body\">\n                                <ul class=\"checklist\">\n<li><strong>Raw material procurement<\/strong>: Actively managing volatility<\/li>\n<li><strong>Forward buying<\/strong>: Expert interview with Dominik Horsch (dormakaba)<\/li>\n<li><strong>Green steel will play a key role<\/strong>: Expert interview with Andreas Weigelt (Flender)<\/li>\n<li><strong>Critical Raw Materials Act<\/strong>: Proactively shaping change<\/li>\n<li><strong>Near- and friendshoring<\/strong>: Increasing supply chain resilience<\/li>\n<li><strong>People @ KGM Strategy<\/strong>: Interview with Managing Director Manuel Berlanga<\/li>\n<li><strong>Improving mental health<\/strong>: interview with Mental Health Coach Afsaneh Mamedi<\/li>\n<\/ul>\n\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n\n            \n        <\/div>\n    <\/div>\n<\/div>\n\n<\/div><\/div><\/div>\n<section class='bg-light py-3 pb-xl-0'><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><p><span style=\"color: #38a896;\"><strong id=\"download\" class=\"fs-4\">Fill out the contact form to receive the magazine issue. You will then receive the entire issue by e-mail.<\/strong><\/span><\/p>\n<p><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n    region: \"eu1\",\n    portalId: \"143321638\",\n    formId: \"7defadbc-7141-441c-b266-a9dc250a9661\"\n  });\n<\/script><\/p><\/div>\n<div class=\"col-lg-6\"><p><strong style=\"color: #ffc20a;\">\/\/\u00a0Preview <\/strong> | Table of contents &amp; editorial<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.flipsnack.com?hash=RTk4RjhEODhCN0Erdnh1c2M5Y3J6cA==\" width=\"100%\" height=\"450\" frameborder=\"0\" scrolling=\"no\" seamless=\"seamless\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p><\/div><\/div><\/div><\/section>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h2>Any further questions? Contact the authors!<\/h2>\n\n    <div class=\"container authors-section fadeIn \" is=\"authors-and-partners\">\n        <div class=\"description row\">\n            <h2>\n                                                            Authors\n                                                <\/h2>\n        <\/div>\n\n        <div class=\"row\">\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/Justus_Brinkmann-AP-250x250.jpg\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/Justus_Brinkmann-AP-250x250.jpg 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/Justus_Brinkmann-AP.jpg 400w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Justus Brinkmann<\/h3>\n                        <p class=\"person-position\">Principal<\/p>\n                                                    <div class=\"short-desc\"><p>is a Principal at KGM Strategy in Cologne and is an expert in raw materials within Industrial Goods and has been and has been in charge of our annual study for several years. Brinkmann mainly supports clients from the chemical and metal processing industries.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:justus.brinkmann@kgmstrategy.com\" class=\"mail-link\">justus.brinkmann@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-14\/cover-story-raw-materials-procurement\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/01\/theresa-schwaemmlein-250x250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/01\/theresa-schwaemmlein-250x250.png 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/01\/theresa-schwaemmlein-75x75.png 75w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Theresa Schw\u00e4mmlein<\/h3>\n                        <p class=\"person-position\">Project Manager<\/p>\n                                                    <div class=\"short-desc\"><p>is Project Manager at KGM Strategy&#8217;s Munich office. The mechanical engineer mainly works with companies in the mechanical and plant engineering sector. She is responsible for Climate and Sustainability within Industrial Goods.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:theresa.schwaemmlein@kgmstrategy.com\" class=\"mail-link\">theresa.schwaemmlein@kgmstrategy.com<\/a>\n                                                                                    <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-14\/cover-story-raw-materials-procurement\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                    <\/div>\n    <\/div>\n<\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In our cover story, we introduce innovative approaches to diversifying raw material supply chains and increasing resilience.<\/p>\n","protected":false},"author":10,"featured_media":99416,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"SMI 14 Cover Story | Raw materials procurement","_seopress_titles_desc":"In our cover story, we introduce innovative approaches to diversifying raw material supply chains & increasing resilience \u25b6 KGM Strategy, A BCG Company","_seopress_robots_index":"","footnotes":""},"categories":[700,726,727,731,715],"tags":[],"class_list":["post-100078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-fossil-energies","category-greentech-engineered-products","category-materials-process-industry","category-raw-materials"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/100078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/comments?post=100078"}],"version-history":[{"count":0,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/100078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media\/99416"}],"wp:attachment":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media?parent=100078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/categories?post=100078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/tags?post=100078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}