Author: Kevin McCabe
There has recently been a global surge in the cost of raw materials like metal, granite, and even food. Pandemic-related disruptions, increase in demand, intense supply pressures, trade restrictions, tariffs, increasing labor costs, rising import/export costs, and more are wreaking havoc on pricing in the manufacturing sector. Are there options for pricing or contracting that can protect companies from these sorts of price shocks? Author Kevin McCabe is the Global Director of Pricing Strategy at Iris Pricing Solutions. He also leads Industrial and Manufacturing Pricing practice. He can be reached at kmccabe@pricingsolutions.com.
The Pricing Advisor, May 2021
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