Afternoon Coffee: Imagination Technologies Feels Apple’s Mercy, Recruitment Innovation Exchange (RIX) Launches

Hoda-Bogdan/Adobe Stock

Apple notified graphics technology company Imagination Technologies that it would be dropping the supplier’s technology within two years, sending the British firm’s shares down as much as 72%. According to Bloomberg, Apple now plans to make graphics technology on its own.

“The key lesson here is to make sure that you always know the dependency ratio of your suppliers and in particular your key suppliers (i.e., ones with large spend or revenue impacted),” said Pierre Mitchell, chief research officer at Spend Matters. “Dependency ratio measures how much of your supplier's business comes from you. When you exceed about 25%–30%, your impact on your supplier becomes a big deal, and similarly when the business depends on your competitors.

“For critical/strategic suppliers, you should try to understand if their revenue is similarly dependent on other customers so that you can anticipate this risk — and perhaps even turn it into an opportunity (e.g., acquire a small innovative supplier that would harm your competitors).”

RIX Launch

Staffing and recruiting solution provider Bullhorn announced Monday the launch of the Recruitment Innovation Exchange (RIX), an enterprise staffing think tank. The goal of RIX is to advance the recruitment industry by providing strategic thought leadership for enterprise recruitment leaders, with content written by and informed by their peers, according to a press release.

“Recruitment Innovation Exchange is a welcome addition to industry discourse because it’s specifically designed to facilitate collaboration and cooperation among executives of large global staffing firms,” said Leslie Vickrey, CEO of ClearEdge Marketing. “As a first-hand source of innovative ideas and best practices, RIX has built a true learning environment that serves the mutual best interests of this dynamic population.”

Dow-DuPont Merger Pushed Back

Dow Chemical and DuPont again delayed their pending merger Friday, although both companies say the deal is still on track to be completed, the Wall Street Journal reports. DuPont still needs to sell parts of its business to satisfy European regulators and U.S. antitrust authorities have not yet completed their review of the deal.

Factory Numbers Cool

And finally, an economic update: U.S. manufacturing activity fell in March while hiring continued to increase, indicating recent momentum in the sector, mainly led by energy companies, has not entirely slowed.

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