{"id":106781,"date":"2024-11-25T16:44:52","date_gmt":"2024-11-25T15:44:52","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=106781"},"modified":"2025-02-17T16:54:39","modified_gmt":"2025-02-17T15:54:39","slug":"future-proven-raw-material-management","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/future-proven-raw-material-management\/","title":{"rendered":"Raw Material Management: Deficits, Challenges and Opportunities"},"content":{"rendered":"<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><p><span style=\"color: #004146;\"><strong>In today\u2019s volatile market, mastering raw material management is more critical than ever. The\u00a0<em>KGM Strategy Raw Material Study 2024<\/em>\u00a0unveils key insights into how businesses are navigating escalating costs, geopolitical uncertainties, and the growing importance of sustainability in procurement. This year\u2019s survey also includes participants\u2019 perspectives on major regulatory shifts like the EU\u2019s Carbon Border Adjustment Mechanism (CBAM), reflecting the evolving landscape of global trade.<\/strong><\/span><\/p><\/div><\/div><\/div>\n<p><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><p><iframe loading=\"lazy\" src=\"https:\/\/player.flipsnack.com?hash=RTk4RjhEODhCN0ErZHgzdzlpOXh1Mw==\" width=\"100%\" height=\"480\" frameborder=\"0\" scrolling=\"no\" seamless=\"seamless\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p><\/div><div class=\"col-lg-6\"><h2>Current relevance of Raw Material Management<\/h2>\n<p>Drawing on the latest industry data, this white paper provides actionable strategies to address challenges such as price volatility, supply chain disruptions, and leveraging innovative digital tools. Discover how leading companies are adapting their sourcing strategies to build resilience and stay competitive.<\/p>\n<p>Download the white paper to gain valuable insights and prepare for the future of raw material management.<\/p>\n<p><a class=\"btn btn-primary\" href=\"#download\">Download white paper<\/a><\/p><\/div><\/div><\/div><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><p>&nbsp;<\/p>\n<div class=\"icon-boxes  \" data-moduleID=\"106784\" is=\"summary-box\">\n    <div class=\"summary-box-padding overflow-visible\">\n        <div class=\"icon-box has-icon  fadeIn\" style=\"border-color: rgb(165, 215, 107);\" data-animated-icon=\"true\">\n            \n                <div class=\"icon\">\n                    <div class=\"inner\">\n\n                                                                                    <svg id=\"animatedIcon-3f642e6447c96b600fcbd010e8580e50\" data-id=\"3f642e6447c96b600fcbd010e8580e50\" 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fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"14.1\" y1=\"26\" x2=\"5.8\" y2=\"26\"\/>\n                                    <line fill=\"none\" stroke-width=\"2\" stroke=\"#a0d60a\" stroke-miterlimit=\"10\" class=\"st0\" x1=\"58.1\" y1=\"26\" x2=\"49.9\" y2=\"26\"\/>\n                                <\/svg>\n                            \n                        \n                    <\/div>\n                <\/div>\n\n            \n            \n                <h3 class=\"title\" style=\"color: rgb(165, 215, 107)\">\n                    Table of contents\n                <\/h3>\n\n                <div class=\"content\">\n                    <ul class=\"checklist\">\n<li><strong>Foreword<\/strong><\/li>\n<li><strong>Key learnings from this year\u2019s Raw Material Survey<\/strong><\/li>\n<li><strong>Current relevance of raw material management<\/strong><\/li>\n<li><strong>Geopolitics and regulations with rising impact on sourcing strategies<\/strong><\/li>\n<li><strong>Promising digital progress suffers from data quality and integration issues<\/strong><\/li>\n<li><strong>Recommendations for action<\/strong><\/li>\n<\/ul>\n\n                <\/div>\n\n            \n        <\/div>\n    <\/div>\n<\/div>\n\n<\/div><\/div><\/div><\/p>\n<p><span id=\"download\"><section class='bg-light py-3 pb-xl-0'><div class='container  py-3'><div class=\"row \"><div class=\"col-lg-6\"><\/span><\/p>\n<p><span style=\"color: #004146;\"><strong>Download the full white paper for free:<\/strong><\/span><br \/>\nFill out the contact form below to receive the complete study by email.<\/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    portalId: \"143321638\",\n    formId: \"15f0760e-5fdb-4512-a131-c2c0aff73dd0\"\n  });\n<\/script><\/p><\/div><div class=\"col-lg-6\"><p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-107101 aligncenter\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/11\/preview-raw-materials-wp.jpg\" alt=\"\" width=\"415\" height=\"587\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/11\/preview-raw-materials-wp.jpg 871w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/11\/preview-raw-materials-wp-445x630.jpg 445w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/11\/preview-raw-materials-wp-768x1086.jpg 768w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\" \/><\/p><\/div><\/div><\/div><\/section><\/p>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><p>&nbsp;<\/p>\n<h2>Get to know our raw material experts<\/h2>\n\n<h2>Discover our raw materials insights<\/h2>\n    <section class=\"module-post-tiles\" data-module-id=\"52727\" data-modul-type=\"animated-numbers\">\n        <div class=\"container overflow-visible\">\n            \n            <div class=\"row\">\n                                                        <div class=\"overflow-hidden col-12 col-sm-6 col-xl-4\">\n                                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/critical-raw-materials-how-the-eu-wants-to-secure-supplies\/\" class=\"fixed-post-tile\">\n                                                    <figure class=\"fixed-post-tile-image\">\n                                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2023\/05\/critical-raw-materials-act-456x630.png\" loading=\"lazy\" width=\"2200\" height=\"2200\" alt=\"\" class=\"img-fluid tile-image object-fit\" \/>\n                                                            <\/figure>\n                            <div class=\"fixed-post-tile-content\">\n                                <p class=\"h3\">\n                                                                        <span class=\"fixed-post-tile-content-category\">\n                                                                                    Article\n                                                                            <\/span>\n                                    \n                                    <span class=\"d-none d-lg-block d-xl-none\">Critical raw materials: How the EU wants to secure supplies<\/span>\n                                    <span class=\"d-lg-none d-xl-block\">Critical raw materials: How the EU wants to secure supplies<\/span>\n                                <\/p>\n                                                                <button type=\"button\" class=\"btn btn-tertiary\">\n                                    Read more\n                                <\/button>\n                                                            <\/div>\n                                                <\/a>\n                                            <\/div>\n                                                        <div class=\"overflow-hidden col-12 col-sm-6 col-xl-4\">\n                                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/what-impact-does-the-carbon-border-adjustment-mechanism-cbam-regulation-have-in-procurement\/\" class=\"fixed-post-tile\">\n                                                    <figure class=\"fixed-post-tile-image\">\n                                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/02\/cbam-regulation-header-new-456x630.png\" loading=\"lazy\" width=\"2000\" height=\"2000\" alt=\"\" class=\"img-fluid tile-image object-fit\" \/>\n                                                            <\/figure>\n                            <div class=\"fixed-post-tile-content\">\n                                <p class=\"h3\">\n                                                                        <span class=\"fixed-post-tile-content-category\">\n                                                                                    Article\n                                                                            <\/span>\n                                    \n                                    <span class=\"d-none d-lg-block d-xl-none\">Impact of the Carbon Border Adjustment Mechanism regulation on...<\/span>\n                                    <span class=\"d-lg-none d-xl-block\">Impact of the Carbon Border Adjustment Mechanism regulation on...<\/span>\n                                <\/p>\n                                                                <button type=\"button\" class=\"btn btn-tertiary\">\n                                    Read more\n                                <\/button>\n                                                            <\/div>\n                                                <\/a>\n                                            <\/div>\n                                                        <div class=\"overflow-hidden col-12 col-sm-6 col-xl-4\">\n                                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/clients\/procurement-excellence-in-a-global-chemical-company\/\" class=\"fixed-post-tile\">\n                                                    <figure class=\"fixed-post-tile-image\">\n                                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2022\/12\/petrochemie_header.jpg\" loading=\"lazy\" width=\"2200\" height=\"2200\" alt=\"\" class=\"img-fluid tile-image object-fit\" \/>\n                                                            <\/figure>\n                            <div class=\"fixed-post-tile-content\">\n                                <p class=\"h3\">\n                                                                        <span class=\"fixed-post-tile-content-category\">\n                                                                                    Client Case\n                                                                            <\/span>\n                                    \n                                    <span class=\"d-none d-lg-block d-xl-none\">Procurement Excellence in a Global Chemical Company<\/span>\n                                    <span class=\"d-lg-none d-xl-block\">Procurement Excellence in a Global Chemical Company<\/span>\n                                <\/p>\n                                                                <button type=\"button\" class=\"btn btn-tertiary\">\n                                    Read more\n                                <\/button>\n                                                            <\/div>\n                                                <\/a>\n                                            <\/div>\n                            <\/div>\n                                    <\/div>\n    <\/section>\n<\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0KGM Strategy Raw Material Study 2024\u00a0unveils key insights into how businesses are navigating escalating costs, geopolitical uncertainties, and the growing importance of sustainability in procurement.<\/p>\n","protected":false},"author":10,"featured_media":99829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[715,707],"tags":[],"class_list":["post-106781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-raw-materials","category-white-paper"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM 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