Practice Insights from Hermann Simon, Founder and Honorary Chairman, Simon-Kucher & Partners Strategy and Marketing Consultants

Peter Lorange and Karin Mugnaini
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Peter Lorange: IMD
Karin Mugnaini: IMD

Chapter 11 in The Future-Ready Leader, 2023, pp 99-100 from Springer

Abstract: Abstract What is currently robbing entrepreneurs and managers of sleep? First and foremost, it is inflation. Inflation does not only affect price management; all functions are affected. Central, of course, is pricing power. Companies without sufficient pricing power run into trouble because they cannot pass through the cost increases. Purchasing also has a difficult task. Not only does it have to ensure favorable purchase prices, but in view of the supply bottlenecks, it also has to make sure that the required goods are available at all and on time. In other words, purchasing assumes a kind of overall responsibility under the prevailing conditions.

Date: 2023
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DOI: 10.1007/978-3-031-45090-7_11

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