Refresh standard costs faster

- Controllers are being pushed to shorten standard‑cost refresh cycles because price pressure is broadening from raw commodities into freight, surcharges and supplier behaviours. - The web briefing notes ISM prices‑paid has risen for four straight months and that defensive stock builds are also lifting input inflation, making quarterly standards stale. - The recommended response is tighter procurement–cost‑accounting–FP&A linkage: weekly flags on top moving components and programme‑level margin isolation. (ttnews.com) (reuters.com)