Sun.Sep 10, 2023

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Food Prices Resume Decline Despite Lingering Supply Threats

Supply Chain Brain

An index of food-commodity costs fell by 2.1% in August on subdued demand and good outputs of vegetable oils and milk.

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As a procurement professional, how would you answer this question: Why do some groceries cost half as much at Dollarama as Loblaws?

Procurement Insights

From a consumer standpoint, the revelation that you can pay 2 to 3 times the cost for the same product at one store versus another raises some red flags. The following CP24 article by Hannah Alberga has made many consumers wonder if they are getting gouged by the grocery store with the higher price. A 1% to 5% variance is not too disconcerting for many shoppers.

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Key Considerations in Evaluating the Popular Near-Shoring Trend

Supply Chain Brain

Near-shoring operations shouldn't be done lightly, but only after looking internally at business goals and externally at the market to make an informed decision.

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[Pod] A Deliberate Path to Success through Comprehensive Talent Procurement

Art of Procurement

“‘How do you start and where do you begin with this?’ Measure. It starts with measurements. By getting measurements around. The post [Pod] A Deliberate Path to Success through Comprehensive Talent Procurement appeared first on Art of Procurement.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.

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Stellantis Looking to Cut EV Battery Weights to Improve Sustainability

Supply Chain Brain

Stellantis's CTO said that the current weight of EV batteries is “too heavy,” which makes the vehicles “not compatible” with the company’s sustainability goals.

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China’s Chips

Procurement Bulletin

The World’s Largest Green Hydrogen Plant Planned There’s a new race going on, the AI race. South Korea’s SK’s renewable energy division is planning to build a US$15 billion green hydrogen plant in Canada’s Newfoundland and Labrador. The plant will use wind energy to produce clean energy. Upon completion, the plant would be the world’s largest green hydrogen plant.

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Seven Principles for the Responsible Development of AI

Supply Chain Brain

Might artificial intelligence turn out to have an impact far greater than previous tech revolutions — to the point where, if not doomed, humanity might be seriously threatened?

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