Categorypalooza 2022: Engaging in the Joust & Facing up to Suppliers in Inflationary Conditions
For the last two years, many buyer-supplier relationships have been at a stalemate. No one wanted to disrupt the delicate balance under uncertain economic conditions. But now that the economy seems to be swinging in the suppliers’ favor, procurement is left with little leverage but significant pressures to control costs.
What options are available to procurement when trying to contain costs without sacrificing quality or giving up the value-based identity they have worked to achieve?
In this session recording from Art of Procurement’s Categorypalooza event, Bob Schreiner, Vice President of Security & Guard Services at Fine Tune, tackles that question while referencing real-world examples (including uniforms, security guard services, and waste/recycling services) to illustrate the implications of and solutions to inflation and labor shortages.
