Category Forecast 2023
If the year 2020 was all about dealing with pandemic related shutdowns, 2021 was about managing supply bottlenecks in the aftermath of lifting of lockdown restrictions. And 2022 was all about managing supply uncertainty and inflation, which had its origins in 2021. In a way, 2021 and 2022 were similar in terms of challenges. What does 2023 hold for us? Inflation is past its peak in many economies, while commodity prices are beginning to cool down. The talk of recession is in the air. Amidst all this economic wobbling, it will be another tough year ahead for Procurement as the market swings from high to low. In this new challenging environment, Beroe is releasing the Category Forecast for the year 2023. The analysis show what Procurement teams can expect in the next 12 months or so. The data and information presented in the document can also help teams plan for their category strategy.
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