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The price of raw materials for a critical product is highly volatile.

The price of raw materials for a critical product is highly volatile. The supplier will not commit to long-term pricing due to the dramatic swings of raw material price. In this situation, the buying

organization should

A.

find another supplier for the product who can propose a method to manage volatility

B.

source the material itself to get better pricing directly from the raw material manufacturer

C.

demand that the supplier maintain pricing for a longer period of time to mitigate the raw material price swings

D.

allow the supplier to change pricing on a fixed schedule based on a price index with a maximum allowable change

ISM CORE Summary

  • Vendor: ISM
  • Product: CORE
  • Update on: Oct 18, 2025
  • Questions: 312
Price: $52.5  $149.99
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