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Preparing supply chains for inflation and potential recession: 5 strategies

1 Feb 2023 9:30 AM | Abbie Lunn (Administrator)

As the saying goes, there’s no rest for the weary. Even with the supply chain impacts of COVID-19 winding down, another threat looms on the horizon. Recession, the once-in-a-decade crisis that disrupts lives and transforms global commerce, is possibly looming. Inflation rates are skyrocketing. Currency values are plummeting. Discretionary spending is slowing. It’s time to brace for changes that will have a lasting impact on your business and your supply chain.

But preparing for change doesn’t have to mean bracing for the worst. Readying your supply chain for recession now will give you the opportunity to thrive through disruption and chart a brighter future for your company for years to come.

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