Why Rising Commodity Prices Increase Pressure on Labor Costs

Rising commodity prices would normally appear to be a good thing for manufacturers and distributors, as the costs could be passed down the supply chain to generate a profit. But organizations must also take into consideration the associated labor and overhead costs, creating a new cost control and workforce management challenges. Which strategies help develop a competitive cost advantage? Read more.

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Rising commodity prices would normally appear to be a good thing for manufacturers and distributors, as the costs could be passed down the supply chain to generate a profit. But organizations must also take into consideration the associated labor and overhead costs, creating a new cost control and workforce management challenges. Which strategies help develop a competitive cost advantage? Read more.

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