Caught off guard by the current tense situation in many commodity supply markets? A recent study by A.T. Kearney and the Austrian Institut für Unternehmensführung found that less than 30 percent of industrial companies in Europe are prepared to handle volatile material prices. Many companies are ceding too much control to external price trends. The study indicates that there is significant room for improvement for companies that adopt certain best practices and take specific actions to manage supply price volatility.