White Paper
Pricing in times of inflation and rising factor costs
Mastering the challenge of volatile prices
The global and domestic economy is characterized by inflation, disrupted supply chains, raw material shortages, volatile prices and increasing speed. Companies have little time to adapt their strategy to increased prices or ruptured supply chains. New materials are being added almost daily, making them more expensive and affecting previously stable supply chains. In addition, political, climatic or economic changes influence the economy. These constant changes act as a major threat to many companies. With the right strategy and a professional execution, however, the current situation can also be an opportunity – for greater profitability.
From our point of view, these core topics are the basis for a sustainable strategy of manufacturing companies:
- Permanent monitoring
- Price controlling and KPIs
- Digitization and automation
- Realignment of internal processes
- Selective price increase
- Effective customer communication
In this white paper, you will get to know how these issues can be tackled successfully and how volatile prices can even be an opportunity.