Strategic Sourcing Business Intelligence
By Staff -- Purchasing, 6/12/2008
55.8Reading for Purchasing's buying plans index in May
Source: www.purchasingdata.com
WHAT IT MEANS: That's a slight uptick from the 51.2 in April but still down from January levels of 59.3. Buyers are cautiously increasing their sourcing plans for commodities, but likely have a close eye on costs.
90%Buyers seeing price hikes for energy and steel in May
Source: www.purchasingdata.com
WHAT IT MEANS: Transportation, copper and brass and fabricated metals were also major buyer concerns, with more than 90% reporting increased pricing.
35%Buyers expecting computer prices to go up this quarter
Source: www.purchasingdata.com
WHAT IT MEANS: That's lower than any other product area, but not nearly as low as March, when only 16% of buyers expected PC prices to go up. With experts forecasting price hikes for components, now might be the time to contract with PC makers.
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