The Company experienced stable to declining costs for most raw material categories
and transportation fuel. This was driven by year-on-year cost decreases in many
feedstock categories, including petroleum based materials, minerals, metals and
wood pulp based products. To date, the Company is receiving sufficient quantities
of all raw materials to meet its reasonably foreseeable production requirements.
It is impossible to predict future shortages of raw materials or the impact any
such shortages would have. 3M has avoided disruption to its manufacturing operations
through careful management of existing raw material inventories and development
and qualification of additional supply sources. 3M manages commodity price risks
through negotiated supply contracts, price protection agreements and forward physical
contracts.
3m's Comment on Supply Chain
The Company experienced stable to declining costs for most raw material categories
and transportation fuel. This was driven by year-on-year cost decreases in many
feedstock categories, including petroleum based materials, minerals, metals and
wood pulp based products. To date, the Company is receiving sufficient quantities
of all raw materials to meet its reasonably foreseeable production requirements.
It is impossible to predict future shortages of raw materials or the impact any
such shortages would have. 3M has avoided disruption to its manufacturing operations
through careful management of existing raw material inventories and development
and qualification of additional supply sources. 3M manages commodity price risks
through negotiated supply contracts, price protection agreements and forward physical
contracts.
Sources:
3m Company's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
For your research, we’ve provided nine additional tables on 3m Company’s suppliers.
You can find them in the navigation menu under Suppliers.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
