With Rising Raw Material Prices, Companies Should Prepare For Pressures on the Supply Chain
By EsqSocial Corporation 12/01/21
As we have covered previously, earlier declines in demand for most raw materials during the early months of the coronavirus pandemic caused many suppliers to reduce capacity. This is now resulting in higher prices and more limited supply of many raw materials, such as steel. Many automotive suppliers and other manufacturers face complications in procuring enough raw material, including the prospect of paying higher prices to meet customer demand....
By: Foley & Lardner LLP