Buyer Analytics

Are you more worried about the stag' or the 'flation? Federal Reserve Chairman Ben Bernanke is more worried about the stag. According to the WSJ he hinted that the Federal Reserve will probably continue to try to grow the economy by cutting interest rates.

According to a recent survey conducted by Prime Advantage inflation is the biggest concern of buyers.  About 46% of respondents in the survey said raw materials were a major concern, followed by energy at 17.5% and logistics and supply chain costs at 16.4%.

This quandary has no winner, but there is plenty to worry about. Inflation, labor, foreign competition, bankrupt suppliers, overhead costs, currency fluctuation and healthcare costs make for a lengthy list.

A challenging time to be in procurement.