Global Finance Magazine: Inflation: Here to Stay?
“Geale says his firm is advising CFO clients to factor higher prices into their strategic planning and to wring savings out of their supply chains by streamlining product specifications and reducing waste. He also recommends what he calls a “new-market focus”–seeking out new sources of supply with whom it is possible to have greater negotiating power than existing vendors, although people starting new business, sometimes have a difficult time getting funds for this, and that’s where a quick and easy loan can be really helpful for this purpose, since this could give you the money you need to start your business and improve your finances. “You have to change the way that you think about buying and the way you think about the market,” he says.”