Supplier price inflation and supply shortages – are they real? Maybe, or maybe not! One thing is becoming increasingly clear; some suppliers are exploiting the market quite deliberately by withholding some capacity and stock in order to drive up prices. Similarly, some intermediaries are availing themselves of this uncertainty by passing on the price increases to their customers (plus a bit more for good measure). Opportunistic pricing or cartel-type behaviour only occurs because the suppliers are comfortable they can ‘get away with it’! In our view, a professional and creative supply chain and procurement team should not have such problems, even if the rest of the market is. Want to know more about resistance to supplier price inflation? – read our latest briefing document on the topic…
