Goodyear's buyers have a portfolio of options to use

摘要

In what has become the most volatile purchasing environment for commodity materials,Goodyear Tire & Rubber Co.'s procurement organization has developed a portfolio of buying tactics designed to keep prices as low as possible and deliveries as timely as possible.That's important when 35% of the cost of goods sold is tied up in obligations to purchase raw materials through short term supply contracts at fixed prices or at formula prices related to market prices or negotiated prices.