Phil Barry

Phil Barry

Phil is the Senior Director Retail and Consumer Goods at Icertis, a contract intelligence company that pushes the boundaries of what’s possible with contract lifecycle management.

Technology

3 Ways Contract Intelligence Can Help Retailers and CPGs Manage Rising Inflation

April 13, 2022 at 10:35 pm

The latest Consumer Price Index confirmed that inflation is up 7.9 percent year-over-year (YoY), proving again that the United States is experiencing the highest inflation levels in 40 years. While those in the retail and CPG industry expect price fluctuations, sustained cost increases across the board, from wheat to packaging, are putting severe strains on…