Mar 06 2008
THE STICKER SHOCK OF A MATERIAL PRICE INCREASE
You get the email, fax, phone call etc. from the resin company. Crude oil is above $100USD per barrel and the cost of feed stocks has increased proportionately. The letter concludes with a new pricing schedule for the plastic you buy and it hasn’t shown a drop in pricing since you were in short pants. Now you have to call up your customers and pass this cost along. You feel like a Tantrum Trainer from his response to this sticker shock but there are things you can do. Continue Reading »