Our guest on this week's episode is Ken Ramoutar, Chief Marketing Officer at Lucas Systems. As supply chains adjust to changing conditions, they will continue to need tools to increase flexibility, speed, and productivity. That’s where technology can come to the rescue. Our guest offers insights into how new technologies can help operators address the many challenges they face today.
Most economists are predicting that an uncertain market like this one means individual shoppers will cut back on discretionary spending - things like luxury goods and travel. Instead, they’ll save up their money because most models predict the tariffs will cause higher prices on goods. And that may already be happening, but this week we saw two measures that showed that many consumers are actually buying more goods in certain sectors. We explain why.
Despite the economic uncertainty we’ve been experiencing, wages for truck drivers and warehouse staff surged in the first quarter amid strong demand for frontline workers nationwide. This is according to a report from two employment industry companies – resume-building platform Resume Now and talent-matching platform Talroo.
Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. All episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.
Articles and resources mentioned in this episode:
- Lucas Systems
- The grocery sector holds strong as consumers cut discretionary spending
- Census data shows that retail sales grew in March
- Report: trucking and warehousing pay up in Q1
- Visit Supply Chain Xchange
- Listen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcast
- Send feedback about this podcast to podcast@agilebme.com
Podcast is sponsored by: ID Label
Other links
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com