8 Actions to Manage Inflation
Obviously, this inflationary period is not short-lived as consumer prices and global energy costs rise. Supply-chain-driven price rises will continue for the majority of this year, at least, according to economists and industry leaders, with stickier increases related to labor perhaps becoming permanent.
Nevertheless, companies can take steps to improve their financial situation. For executives aiming to not only weather this inflation rise but also position themselves for success in the new normal of expenses, we’ve put together eight steps.