Volatile commodity and energy prices are eroding companies' ability to accurately estimate and manage cost of goods sold (COGS), say respondents in this survey of 180 senior finance executives at manufacturing companies in North America, Europe, and the Asia-Pacific region. The difficulty of managing increasing commodity-price volatility is taking its toll on companies' balance sheets and share prices, finance executives report. In an increasingly unpredictable business climate, many manufacturers are looking to improve their ability to produce more-accurate and more-granular forecasts of commodity prices in order to better manage their effects.
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