Jeff Collier , Chief Revenue Officer ,
SAP different boundaries and costs to go up . Inflation is honestly one of the hardest factors in the equation . You look at central banks that are often lowering interest rates around the world , understandably so because of some labour concerns . But you see inflation and FedEx announced a raise on their package prices by 6 %, starting in January 2025 , I ’ m sure for good reason . That ’ s the wild card . I don ’ t see companies going off and hiring significantly . We have a view of contingent labour . One of our solutions called Fieldglass gives us a view into the world ’ s use of contingent labour . It surged for the two years after Covid , especially in life sciences , high tech and banking . But more recently , as the economy has risen , the contingent labour usage hasn ’ t as much . So I think we ’ re going to have to use technology to respond to all of these . procurementmag . com 55