Barring speculation, your income depends on market dynamics, service capabilities, and business processes:
Relationship between product quality, global market prices, and production costs
Ability to bundle a commodity product with personalized customer services
Comparative efficiency of commercial strategy and daily operations
Globalization and technology developments level the playing field for materials suppliers, creating new opportunities for midsize companies and export organizations:
Reducing dependence on intermediaries;
Maximizing sales to most profitable accounts and market segments.
Gaining insight into customers’ pain points;
Providing supply chain solutions instead of “mere” commodities.
Lowering costs and risks in accordance with best industry practices;
Automating and/or digitalizing critical workflows.