How to Minimize Price Increases
Unless you’re Walmart, most businesses wouldn’t be able to tell their suppliers to “just don’t raise prices”.
So, what can you do?
Here’s a few tips for minimizing those sneaky and not-so sneaky price increases for your products.
A Penny for Your Copper?
Apparently copper was feeling left out of the supply chaos happening around the world and wanted to get in on the action.
So, it looks like there could be a copper shortage, because…reasons.
It’s time to dig out that old penny collection you forgot to deposit at the bank.
Manufacturing Demand is Down
[via the Peak] Manufacturing orders are dramatically down (40%) from China factories.
With China’s relentless zero-COVID policies (despite recent easing of these policies) and global shipping problems over the last few years, there’s no other way to put it, it sucks to be working in supply chain right now.
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