529: Key Takeaways from ProcureCon EU w/ Helen Mackenzie and Philip Ideson
Art of Procurement
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Is There a Process for Accepting a Cost Increase Request?
Cost increases were hitting everything and now it's probably not unsurprisingly it is very based upon category by category. For example chips we talked about chips earlier and I think I talked two or three months ago with the CEO of Levadata on the podcast about we're now going to go into a gut. Now we've got a gut and chips now the prices are tumbling. You know you have container freight prices from China to the US they've gone down I think from above 20 grand a container to 2 grand a container. So you're having like hyper deflation now in certain categories but it's certainly very inconsistent across categories based on the specific situations which is actually a little bit more manageable than everything getting
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