Strategies for Offsetting Inflation in the Utility Industry

Strategies for Offsetting Inflation in the Utility Industry

Energy | Report | June 2021

Across the top areas of spend in the North American utility industry, our models reveal that costs for utilities have increased dramatically in the last year, upwards of 16%, and are forecasted to climb around 3% in a single quarter by the end of Q2 2021. These abnormally high escalations will have a significant impact on both O&M and Capex costs. Amidst these tumultuous times, supply chain departments are in the eye of the storm, receiving inquiries both from investors and executive management on the financial impact of inflation.

In our most recent whitepaper, we examine how supply chain professionals can confidently rise to the challenge by demonstrating they can offset the impact of inflation on an ongoing basis. Download the whitepaper using the link below.

Read the full report here: https://www.costinsights.com/strategies-for-offsetting-inflation-in-the-utility-industry

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