As with most transformative trends, the recent inflation spikes have businesses taking a fresh look at how they can adapt to weather the storm. The good news is that according to the recent reports, inflation has continued to ease from 9.1% to 8.3% since June. However there is uncertainty about how long it will take for prices to come back down to normal levels.
Oftentimes, periods of adjustment like this have residual effects into the future. Businesses make changes to their processes prompted by these trends, and some of those changes stick around either as overall improvements to the business, or as preventative measures for future resurgences.
Frequently technology offers a variety of solutions to help lower the bottom line and increase efficiencies. Check out this month’s article below for helpful tips, or contact us to learn more about how you can start optimizing your business and get back on a path of growth and success.