Ep 70: Looking at the Business Impact of Energy Costs and Availability feat. Kris Lance

The economy has dominated news headlines for a while now, but of all the costs presenting challenges to businesses and consumers, energy is on the top of the list. Businesses and consumers are changing their spending habits in response to increasing costs, many of which end up being combined and compounded.

In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes back Kris Lance, Senior Director at Una, for a recurring monthly conversation about current news stories. Kris has experience in multiple industries and has his finger on the pulse of the trends and topics that procurement, sourcing, and supply chain professionals need to be aware of.

In this interview, Kris and Kelly Barner talk about the many ways energy costs and availability are affecting businesses and consumers alike:

• The potential for nationwide rolling blackouts this summer, as legacy energy sources go offline before newer sources are sufficiently online, and weather conditions complicate matters
• How prices at the pump are not just a pain for consumers, but potentially operationally prohibitive for freight providers
• Sources of ‘mental energy’ that professionals may want to tap into if the sustained pressure of their role has them running on an empty tank