Managing Inflation: How Consumer Healthcare Companies can Prepare

Published on May 5, 2023

Inflation is having an effect on industries throughout the world, and consumer healthcare is no different. However, our Inflation Pricing Study found that many CHC companies are still hesitating to act on pricing. Experts Clemens Oberhammer and Jan Merkel reveal why an optimal pricing strategy is key to ensure profitable growth in an uncertain, high inflationary environment.  

One of the biggest challenges across many industries today is the inflationary pressure driven by supply chain challenges, which is escalating the situation globally. 

As reported by the International Monetary Fund in the second quarter of 2022 global inflation was at 7.2 percent, EU zone inflation reached 8.6 percent, and in the USA it reached 9.1 percent as of July 2022. 

As such, the consumer healthcare (CHC) sector, like many others, will have to deal with ongoing cost increases…

Continue reading on website
Other news

Elevate your B2B strategy: Digital commercial excellence in volatile economic environments

May 5, 2023
Impossible to increase your leads, hit rates, and profitability due to the volatile economic environment? Think again. The key to success lies in your existing data!There’s no denying that geopolitical, social, and economic uncertainties create several challenges for B2B sales and marketing departments right now. Inflation levels are reaching record highs, with huge negative impacts on spending. M

Better by the day: How Staying healthy changes healthcare

May 5, 2023
During this year’s WSJ Health Forum in March Jörg Krütten, our Global Head of Healthcare and Life Sciences had the pleasure to talk to Raakhee Mirchandani, anchor and contributing editor at Dow Jones about how staying healthy changes healthcare and how the industry can influence this mindset and make “better health” a reality.Including the most burning questions:Why should the industry pay more at