Telecommunications -  

Years ago, the telecom industry’s basic product was marketing packets of data from landlines that transmitted morse code and later voice communications. This evolved to fax, information, short message service (SMS), security, internet of things (IoT) and entertainment.

At its core, the industry is in the connections business. With deregulation and competition from cable providers and others, the telecom monopolies had to transition from order taking to sales and marketing. In other words, they need to anticipate the needs and wants of customers in advance of the competition.

Construction -  Increasing demand for construction materials, limited product inventory and supply chain disruptions are driving up construction costs and resulting in longer lead times for obtaining materials. Pricing and supply chains for commodities are incredibly fluid coming out of the pandemic. Increasing demand for construction materials, limited product inventory and supply chain disruptions are driving up construction costs and resulting in longer lead times for obtaining materials. 

Manufacturing - Although they are often confused and may sometimes be used interchangeably, the terms commodity and product are somewhat different when used by traders today. A commodity often refers to a raw material used to manufacture finished goods. A product, on the other hand, is the finished good sold to consumers.

Both commodities and products are part of the production and manufacturing process; the main difference being where they are in the chain. Commodities are typically in the early stages of production, while products fall at the final stage.

Please contact us for more information and pricing: