ArancaCompany DetailsContacthttps://www.aranca.com/Articles & NewsSourcing & ProcurementCommodity Price Risk in 2022: SteelThe steel industry would experience a moderately high price risk in 2022, following the trend of surging prices of other commodities.Sourcing & ProcurementInflationary Price Risk – PolyethylenePrices of resin are expected to surge across the globe in 2022, except in the US, where they are expected to reduce due to capacity additions in 2022.Sourcing SolutionsCommodity Price Risk in 2022: AluminumThe main reasons for the hike in aluminum are substantial increase in energy and raw material costs, growing demand, decline in China’s production capacity, reduction in global inventories and the impact of COVID-19.Sourcing SolutionsChina Plus One – An Emerging Supply Chain Diversification StrategyDiversifying the sourcing portfolio from China (either nearshoring or offshoring) will help address challenges, whether in supply chain, logistics or availability of raw materials.Multimedia & LearningSCN SummitCompanies Need to Play 3 Primary Roles for True Value ChainSuraj Patil, assistant manager of Aranca, explains that value chain-developing edge-enable industrial machine ecosystem will require entities playing three primary roles.AutomationSCN Summit | Smart ManufacturingDecember 9, 2021ViewFind out how the likes of 3D printing, factory floor optimization, digital twins and other technology-driven approaches are helping companies achieve an Industry 4.0 footprint.Request More InformationFill out the form below to request more information about Aranca