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INFLATION AND PRICING: Time is of the Essence

INFLATION AND PRICING: Time is of the Essence

Pages 6 Pages

Time is of the EssenceIs prolonged inflation on the horizon? Costs are undoubtedly rising, with global economic experts closely monitoring developments and pundits making predictions. Inflation has an obvious impact on consumers, but the upstream effect on distributors, manufacturers and services companies is just as profound. Acting swiftly has never been more important. Resurgent demand post-pandemic, coupled with industry’s inability to acquire raw materials, manufacture products and stock distribution centers, has led to a “perfect storm” that is causing prices to soar on everything from diapers to steel.

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