Category: Pricing

With the end of supply chain bottlenecks and inflation increases nowhere in sight, most businesses see price increases as an inevitable outcome. And before taking action, it is an important topic to discuss and dissect. In part 1 of this series, ECS Partner Ajay Joshi covered the building blocks to developing a pricing strategy. Now…

The news that last month’s consumer price index posted its largest monthly increase since 2008 has many businesses concerned. That, against a backdrop of acute supply chain shortages and escalating cost increases (which includes everything from lumber, steel, pulp, plastics) plus a shortage of qualified labor, make our environment an unusual one. As a result,…