Inflation is unavoidable, but you can manage its impact. Work with suppliers on transparent costing to understand how prices shift, then use demand management, specification changes, and consumption cuts to reduce exposure to rising costs.
Second question also from Sanjeev, who's asking: How do you see inflation related price increase, and what strategies can help mitigate this as cost avoidance?
So as I as I said previously, right, you know inflation is something which is existing. We cannot run away from it. We cannot ignore it. We have to accept it. But how do you measure? How do you minimize the impact is the question. So one, as I said, by having transparent costing and understanding with the supplier, uh, in terms of the, you know, in terms of how the inflation is impacting the cost, the landed cost. And second then is how do you get more creative, you know, in terms of managing your own cost. And when I say creative, in terms of demand management, in terms of specification management, in terms of consumption management. Right. So those are the ways wherein you can help, you can help one mitigate the impact and be more proactive.
