Inflation Readiness Questions
CEOs should ask the following 20 questions to assess whether their organization is inflation ready in the three critical areas of pricing, procurement, and finance.
Pricing
- Do we have dedicated resources for pricing intelligence?
- Do we employ state-of-the-art pricing analytics?
- Do we have short- and long-term guidelines for price setting?
- Is inflation factored in to pricing decisions?
- Do we have real-time information on competitors’ prices?
- Do we continuously monitor customers’ price
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Authors: Daniel Stelter, Ulrich Pidun | Source: Making Your Company Inflation Ready | Subjects: Finance Questions, Pricing