Inflation has taken root. Businesses everywhere are dealing with annualized cost increases of nearly seven percent--the fastest pace in 40 years and significantly higher than the 1.8 percent average of the past decade. The resulting upticks in operating costs can cause serious damage to the bottom line.
Inflation puts pressure on pricing, costs, margins, inventory, and working capital. Learn how manufacturers can use SIOP to evaluate customer and product profitability, model what-if scenarios, align capacity and inventory with demand, and make proactive decisions that support profitable growth.
Rising inflation, geopolitical conflict, energy costs, and commodity shortages are creating additional supply chain volatility. Manufacturers should proactively evaluate customers, suppliers, inventory, capacity, and supply chain networks while strengthening SIOP and planning processes to navigate disruption and stay ahead of changing conditions.
Grocery prices continue to rise as supply chain disruptions and shortages persist. See how changing availability, inflation, and online shopping are shaping the grocery market.
Battling Inflation in the Supply Chain In this episode of Interlinks we take a deeper dive into the world of the supply chain, with a group of international experts, all colleagues of mine from the Supply Chain Special Interest Group at the Society for the Advancement of Consulting. [...]
The news is full of stories of rising prices propelled by supply chain disruptions. For example, the cost of lumber is creating extreme price increases for building and home upgrades. Supply Chain Dive noted that the cost of pallets could go up by 400% according to United Fresh Produce Association. On this same note, an NBC affiliate [...]
Those businesses who are prepared and ready to leverage opportunities will be those who succeed during this “new normal” timeframe.
