News Round Up 29th October

All things impacting global supply chains this week.

• Inflation, one, two, three Prime Ministers in three months, big ships in Boston, Putin pushes the West faster to ditch oil and gas, Unilever raise prices, rail strikes and dock strikes.
• Japan’s driverless vehicles approved
• Tesco’s retail graduate scheme – Find out more about Tesco’s Retail Graduate Programme and apply at https://lnkd.in/g4dVRem 
• ASCM event explaining SCOR- Register today! https://bit.ly/3TWuiDc
• Kaiser aluminium cost hit as suppliers disruption bites
• SSAB shuts down Finish blast furnaces 6-8 weeks because of lower demand and over capacity in the industry
• Boston port welcomes the biggest container ship to dock at the port
• Contingency planning and European Gas Supply
• LNG prices fall
• Elon Musk finally takes over Twitter with a handle Chief Twit
• Truckers going green in California
• Apple decarbonising its supply chain
• Centrica reopens a gas storage facility in UK
• EU gas storage at 95 per cent. Most of Europe has three months or more in store. The UK has just two weeks.
• Interest rates expected to rise in the UK next week as the Bank of England applies inflationary control
• Amazon share price falls as seasonal sales fail to meet market expectations
• Other Big Tech stocks suffer too
• Unilever volumes fall and prices rise by 12.5% blaming cost pressures
• Retail vacancy rates are cause for concern
• Halloween a retail opportunity
• News on two upcoming special editions coming up

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About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. The latest edition is published in 2024 available from Routledge, Amazon and all good book stores. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon…