GMM CEO Gandhi Urges Innovation to Hedge on Costs

The video discusses the challenges faced by a company due to rising costs in transportation and materials, and the difficulty in passing these costs to consumers. It highlights the importance of innovation and cost control in maintaining competitiveness. The role of intellectual property in providing a competitive edge is also discussed, along with the significant pricing pressure exerted by large buyers like Walmart and Amazon. The company plans strategically to manage these pressures and maintain profitability.

How have rising fuel and transportation costs affected your business operations?

What strategies are you implementing to mitigate the impact of rising input costs?

In what ways does innovation play a role in your company's approach to cost control?

What challenges do you face when trying to pass on cost increases to your clients?

How does the presence of large buyers like Walmart and Amazon influence your pricing strategies?