I own a Medical Manufacturing Business and correspond with numerous CEO's in a myriad of different business's. Our biggest discussion revolves around passing our Cost of Good increases on to the end user and the nightmare of supply channels.
We ALL are seeing massive increases in Producer goods like we have not witnessed in decades. The bad news , it is not abating. I have been hit with multiple commodity price increases ranging from 7-12% just in the last 4 weeks. Moreover, some of my suppliers have hit me with price increases almost every 2 months. It is insane.
What a crazy business environment and ultimately the US consumer is going to pay and pay a lot more
Let me add.... everything the Government does makes it worse.
We ALL are seeing massive increases in Producer goods like we have not witnessed in decades. The bad news , it is not abating. I have been hit with multiple commodity price increases ranging from 7-12% just in the last 4 weeks. Moreover, some of my suppliers have hit me with price increases almost every 2 months. It is insane.
What a crazy business environment and ultimately the US consumer is going to pay and pay a lot more
Let me add.... everything the Government does makes it worse.
