High inflation: uncharted waters for supply management

High inflation: uncharted waters for supply management

With a long period of price increases possible, a proactive approach can help procurement professionals weather the storm. A growing economy. A tight labor market. Two of the biggest telltale signs of inflation have been evident in recent months, and concerns have been further fueled by two factors: tariffs and trade turbulence stemming from the Trump administration’s…

What is supply chain inflation and why is it driving up consumer prices now?

What is supply chain inflation and why is it driving up consumer prices now?

The interconnectedness of global supply chains means that when one price goes up, others tend to follow. Increases in labour, energy and transport costs are contributing to inflation around the world, posing difficult policy challenges. Back when we could travel easily, a regular announcement at airports all over the world was: ‘The airline would like…