On this week's episode, Stephen and Tom are joined by David Modol-Flix. David has previously held director level roles at Kraft Foods, Mondelez International and COFCO. He has deep knowledge of commodities risk management, having managed multi-billion dollar portfolios in energy, packaging and agriculture.
David is someone who is very comfortable operating at a strategic level or drilling into the tactical level. He has recently left Mondelez, which means he is more able to share his views and opinions, which at points, are contrarian to the market. Overall, a very insightful episode.
Key Sections Covered:
(2:00) -- What’s your view of the current market situation right now from the stance of commodity risk management?
(4:00) -- Supply Chain Resilience is obviously a very in vogue topic right now; how do you think the current situations are affecting supply chains right now and how do you think this will change supply chains moving forward?
(6:16) -- How will this affect business models? What is the new normal for FMCG?
(7:30) -- How should we view China in this context, are there lessons to be learned from looking east?
(09:00) -- How would you approach the situation right now if you were still in the hot seat?
(10:20) -- What would you prioritise if you were operating in the market right now? Are there any specific tactics you would deploy to limit your exposure?
10:50) -- Is there any other advice you would like to share with the folk out there listening?
(11:30) -- What’s your view of the role of data in commodities risk management?
(12:30) -- How do you view the emergence of alternative data and artificial intelligence in commodities risk management?
(13:45) -- Based on your experience, what are the critical skills needed for those seeking to enter and advance in the commodity industry?
(14:00) -- For our commodity students in the audience, what types of courses would you recommend?
(14:35) -- Finally, looking back over your career in commodities, what other advice would you suggest to those new to the sector?
Topics covered: Commodities; Supply Chains; Risk Management; Data; Technology; Artificial Intelligence; Manufacturing; Commodity Markets; Supply and Demand