u/FrenchFryMonster06

Surcharges on raw materials due to geopolitical issues

I've been working in the suppl chain world at the same company for 10 years and was recently made supply chain manager. The past 2 months is the first time I've seen surcharges being added to invoices instead of a standard price increase and all the raw material companies are siting "geopolitical issues" as their reason. I don't doubt that for obvious reasons but I'm curious and trying to learn if this was done in the past anytime there was a war or is the surcharge tactic something new going on when markets are volatile? Just looking for advice from anyone who has been around the block for a few decades lol.

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u/FrenchFryMonster06 — 1 day ago