Question

A premium electric toothbrush relies on a special magnetic alloy that is mined in only a few areas around the world. The person responsible for managing relationships with those mining companies and ensuring an uninterrupted supply of this material is most likely the​ firm's of ____

Answer 1

commodity manager

Step-by-step explanation:

Minerals usually trade in commodity markets along with other natural resources and primary products (e.g. sugar, iron ore, soy bean). A commodity manager is in charge of creating an efficient supply chain that guarantees an uninterrupted supply and the lowest possible purchase cost. A challenge most commodity managers face is the risk associated with commodity suppliers, and they must implement strategies that reduce it.