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The London 2012 Olympic and Paralympic Games proved to be a major sporting success both for the organisers and for country on the international stage.

The post-2021 inflation era has given way to a new normal of hyper-volatility in 2026, with commodity prices experiencing extreme and unpredictable shifts driven by forces across geopolitics, supply chains, climate, and technology. As procurement functions transition from efficiency-first to agility-first operating models, business leaders must navigate increasingly divergent cost movements across categories while AI simultaneously drives infrastructure inflation and unlocks service opportunities.