Self-service businesses, dealing with the highest inflation rate to hit the U.S. in nearly 40 years and the ongoing supply chain crisis, are facing a perfect storm few experts saw coming.
While it's led to plenty of hand-wringing and stressful moments, it's pushed industry leaders to come up with creative solutions. Four self-service insiders presented their views on the inflation and supply issue at the Self-Service Innovation Summit in Hollywood, Florida, Dec. 14-16.
The session, "How to Successfully Navigate Pricing and Supply Chain Issues in Today's Self-Service Landscape," was hosted by Kiosk Marketplace and Vending Times Editor Elliot Maras. The panel included Kemal Arin, founder of Showtime Pictures, a photography concessions provider, Andrew Kartiganer, owner, Professional Vending Services, a South Florida convenience services operation, Lynn Saladini, chief relationship officer, Ath Power Consulting, a market research firm, and Zack Stein, co-founder, CEO, Supply Caddy, which primarily supplies packaging to QSR and fast-food restaurants.