Late last month, I wrote the following post: Are Solution Providers Solving The Right Practitioner Problems? It highlighted the top challenges the oil and gas industry faces in 2024.
In today’s post, I focus on a LinkedIn share by LCBO’s Chief Supply Chain Officer, Nick Nanos. By the way, Nick has been with LCBO for 34 1/2 years. We are not only talking about experience here; we are talking about expertise.
The point of posts like these is simple: If these are the top five challenges an industry faces, how are solution providers’ solutions addressing them either directly or indirectly? And if they are not addressing them, then how can they expect to get the attention and priority of the C-Suite?
Sommelier Business – great article, and Gregg London – great share.
So, let’s look at this logically.
Here are the top challenges winemakers face:
“Climate change, labor shortages, geopolitical tensions, tariff fluctuations, and balancing personal life are the top 2023 challenges, according to leading winemakers.”
In Kate Dingwall‘s article, here are other distressing factors:
“Wine is in trouble, news reports say. Sales are down across the industry. Vineyards are being ripped out en masse in California, Australia, and Bordeaux. Sobriety is hip, and the World Health Organization announced last year that it considered no amount of alcohol consumption safe. At the same time, it seems Gen Z is more slowly warming to wine than previous generations—hard seltzers and marijuana are far more appealing vices. According to Reuters, these winds of change have global wine demand reaching a 27-year low.”
Nick Nanos, having been in the supply chain for as long as you have, what is the impact of the above on our industry?
What, if any, impact would tech, e.g., AI, have on addressing the above?
For example, here is a post by Mintec on “weather and wine” – https://bit.ly/3Rjk0Ou
How does this intelligence address the above “Immediate and Top-Priority” challenges?
30
Procurement Insights
If you don’t have grapes, what good is a wine press?
Posted on June 7, 2024
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Late last month, I wrote the following post: Are Solution Providers Solving The Right Practitioner Problems? It highlighted the top challenges the oil and gas industry faces in 2024.
In today’s post, I focus on a LinkedIn share by LCBO’s Chief Supply Chain Officer, Nick Nanos. By the way, Nick has been with LCBO for 34 1/2 years. We are not only talking about experience here; we are talking about expertise.
The point of posts like these is simple: If these are the top five challenges an industry faces, how are solution providers’ solutions addressing them either directly or indirectly? And if they are not addressing them, then how can they expect to get the attention and priority of the C-Suite?
Sommelier Business – great article, and Gregg London – great share.
So, let’s look at this logically.
Here are the top challenges winemakers face:
“Climate change, labor shortages, geopolitical tensions, tariff fluctuations, and balancing personal life are the top 2023 challenges, according to leading winemakers.”
In Kate Dingwall‘s article, here are other distressing factors:
“Wine is in trouble, news reports say. Sales are down across the industry. Vineyards are being ripped out en masse in California, Australia, and Bordeaux. Sobriety is hip, and the World Health Organization announced last year that it considered no amount of alcohol consumption safe. At the same time, it seems Gen Z is more slowly warming to wine than previous generations—hard seltzers and marijuana are far more appealing vices. According to Reuters, these winds of change have global wine demand reaching a 27-year low.”
Nick Nanos, having been in the supply chain for as long as you have, what is the impact of the above on our industry?
What, if any, impact would tech, e.g., AI, have on addressing the above?
For example, here is a post by Mintec on “weather and wine” – https://bit.ly/3Rjk0Ou
How does this intelligence address the above “Immediate and Top-Priority” challenges?
30
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