Build contingencies to prepare for inflation that may not be transitory
Blog: Forrester BPM Center of Excellence
For Tech Execs, it is key to understanding where inflation is occurring, its short and long-run effects, and the practical steps that can be taken to manage it. Inflation can be classified 3 ways – supply-side, demand-side, and built-in. ‘Supply-side’ inflation pushes costs higher weakening industry purchasing power. ‘Demand-side’ inflation pulls prices higher weakening consumer purchasing power. ‘Built-in’ inflation refers to a large shock on either […]
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