PLMA Keynote To Focus On 2023 Economic Challenges

With inflation remaining a major topic of discussion for retailers and product suppliers, gaining insight on what’s ahead in the New Year will be vital to proper planning and the successful navigation of this challenging economic environment.

The keynote speaker at the 2022 Private Label Manufacturers Association Show in Chicago will discuss “Economic Growth in 2023: Will It Impact Your Business Strategy?" on Monday, Nov.14.

Beginning at 8 a.m. at the Hyatt Regency O’Hare Grand Ballroom, Arjun Chakravarti, Ph.D., managing partner of Cogknition Analytics, will provide an overview of U.S. consumer spending, labor markets and global supply chains giving focus to what needs to change for each to naturally stabilize inflation.

Among the issues he will address are how likely these changes are to occur given current conditions; which will shed light on how aggressively the Federal Reserve will need to intervene to meet its goals; and the implications for economic growth and private label demand over the next six to 18 months.

Chakravarti is a highly regarded expert on the impact of macro and consumer-level economics on business strategy, he has worked closely with several companies in the food and grocery industry and has served in leadership roles both in industry and academia.  

Prior to Cogknition Analytics, a strategy and analytics consultancy, he was a member of the executive leadership team Global Experience Specialists (GES), serving as senior vice president of Strategy, Analytics, and Insights. He was also an award-winning business school professor at Illinois Tech, having published in top academic journals and developed graduate and executive programs in analytics, design, and management.  

Chakravarti serves on the board of the Center for Event Industry Research (CEIR) as well as Consulting Economist for Winsight-Technomic. He received his Ph.D. and MBA from the University of Chicago's Booth School of Business.