Supply Chain Now cover image

Supply Chain Now

The Supply Chain Buzz for January 22nd with Scott W. Luton and Greg White

Jan 26, 2024
In this podcast, the hosts discuss the top concerns for CEOs in 2024, experiential food and beverage trends, and consumer product shortages. They also cover EV news from Ford and the impact of AI on jobs. Additionally, they talk about challenges in the electric vehicle market and express gratitude to the audience.
36:30

Podcast summary created with Snipd AI

Quick takeaways

  • CEOs prioritize economic recessions and inflation as their top external concerns, while attracting and retaining talent is their top internal priority.
  • Spice and heat are predicted to be popular trends in the food and beverage industry in 2024, with a push for seamless integration between in-store and online grocery buying experiences to reduce supply chain friction.

Deep dives

CEOs prioritize short-term profit growth through innovation and new products

According to a survey by the Conference Board, the top two external concerns for CEOs are economic recessions and inflation. The top priority for short-term profit growth is introducing new products and services. Other strategies include increasing sales through marketing, entering new markets, and investing in technology. For longer-term revenue growth, CEOs focus on investing in innovation, new lines of business, and digital transformation including AI. Attracting and retaining talent is the top internal priority for both US and global CEOs.

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