Navigating inflation, suppy-chain issues, and labor shortages

New from McKinsey & Company

US inflation hit a three-decade high in October. For some consumers, higher price tags will require reining in costs and overhauling budgets. But what are the implications of inflation spikes for CEOs who are also contending with increasing supply-chain issues and labor shortages? In the current business environment where the only constant is change, maintaining resiliency will be key. Explore these insights to uncover:

six proven strategies to release cash from the balance sheet
why executives view mounting fallout on the supply chain and inflation as the biggest threats to growth in their countries’ economies
how industrial companies are responding to inflation
how nerve centers can structurally improve companies' cost base, protect and enhance margins, and drive organizational alignment

Unlocking cash from your balance sheet

Opportunities to free up cash may be hiding in plain sight. Here are six strategies for releasing cash from your balance sheet.

6 strategies

The coronavirus effect on global economic sentiment

Supply-chain disruptions now outweigh COVID-19 concerns as the biggest risks executives see to domestic and corporate growth.

Get updated

Winning the race with inflation: The pricing opportunity for industrial companies

As inflation rises, industrial companies must take a new look at pricing.

Try a new approach

Responding to inflation and volatility: Time for procurement to lead

A digital nerve center can help procurement teams collaborate better and act faster during turbulence.

Take action

Customer looking at empty shelves in a store

Ten steps retailers can take to shock-proof their supply chains

In a seemingly 'no win' environment, retailers can take a two-speed approach to address the current shocks and build a more resilient foundation for the future.

Lay the groundwork

Pandemic price spikes: What is a CFO’s next move?

Concerns about “pandemic price spikes” of manufacturing inputs have shaken many business leaders.

Read the LinkedIn post

What's going on with shipping rates?

McKinsey's Steve Saxon and Jaana Remes discuss why container shipping costs are surging and give their take on what lies ahead for the industry.

Watch the video

Defying cost volatility: A strategic pricing response

While input cost increases and volatility are challenging, they present an opportunity to improve pricing and institutionalize best practices—but margins will likely suffer if these are not executed in a strategic way.

4 steps to consider

Getting real about mitigating price inflation

Category managers can respond to inflation—and save their companies a lot of money in the months ahead.

5 things to do now

To see more essential reading on topics that matter, visit McKinsey Themes.

— Curated by Eleni Kostopoulos, a digital publishing manager in New York

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November 14, 2021 10:11 am

Ontario reports 666 new COVID-19 cases, 7 deaths

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EV tax credit ‘not good news’ for Canada, ambassador to U.S. says

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November 14, 2021 11:57 am

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Starting Monday, Albertans looking to enter businesses that have implemented the COVID-19 restrictions exemption program will need to use the QR code.

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