Supply Chain Fluctuations to Continue into Q4
Road freight rates will likely rise in 2023 as crude oil prices show an upward movement. And, global energy consumption is expected to increase by ~1.3% year-over-year in 2023.
Source: sdcexec.com
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Analyst Eye on avoiding the supplier silence treatment – the silent slope
In the next installment of our analyst observations series on procurement tech market movements, this week we are considering the concept of ‘silent slopes’ with our Lead Analyst, upstream procurement, Bertrand Maltaverne.
Source: spendmatters.com
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What to Know About the Looming Sugar Shortage
Thanks to a sour combination of sugar shortages, import restrictions, and international competition, candy companies’ costs are rising just months before the Halloween season.
Source: bhg.com
Rising Sugar Prices Could Cause an Unhappy Halloween This Year
Sugar prices have risen exponentially this year and could translate into higher candy prices come Halloween.
Source: etftrends.com
Sugar prices impacting bakeries in Greensboro North Carolina
Black Magnolia Southern Patisserie feeling the impacts of inflation after prices of sugar go up.
Source: wfmynews2.com