Author Archives: JP Morris

Supply Chain Risk: Insights on the Issues and a Look at Hacking Threats

Check out a webinar on supply chain risk that covers a whole range of risks — from trade wars to global warming — and what’s driving them. The conversation covers what to expect in 2019 as well. Also, learn about the risks faced online in a white paper that delves into cyber attacks and how to mitigate them.

Afternoon Coffee: Trump Speech Has Few Details on Trade, Tariffs, Infrastructure; Farm Bankruptcies on the Rise, WSJ says

In his State of the Union address Tuesday night, President Donald Trump hit on issues important to supply chain professionals but broke no news about any developments, Supply Chain Dive reports. The Wall Street Journal reports that many U.S. farmers are in trouble and that bankruptcy filings are up, according to federal data. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: 4 Supply Chain Issues in Trump’s Speech; Amazon Clearly Taking on FedEx, UPS

Supply chain managers can be on the lookout for four issues that President Donald Trump may raise in his State of the Union address tonight, Supply Chain Dive reports. Amazon’s annual report filed last week shows for the first time that it added "transportation and logistics services" to its list of competitors, CNBC reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Jaggaer ONE Is Released, Giving the Spend Management Provider a Unified Platform

After 15 months of developing its unified spend management solution, Jaggaer on Tuesday announced the release of Jaggaer ONE, which it called the “cornerstone” of its suite. “Jaggaer ONE represents the next stage in the evolution of our company and is the most complete business-to-business spend management offering available globally,” said Jaggaer CEO Robert Bonavito, in a press release.

Need to Gain a Competitive Edge? Find Procurement Software That’s Easy to Use

If stakeholders across the company don’t have procurement software that lets them complete sourcing activities quickly or whenever they want and with ease, then they can’t support the procurement workflows — and effectively, the business. It’s not only the procurement team that experiences friction and frustration, the entire business can feel the impact of not getting the best value or vendor. For this reason, stakeholders for procurement activities need a means of adopting, engaging and participating in workflow activities that is easy to learn, easy to use and is collaborative.

Afternoon Coffee: Polar Vortex Cost Less Than $1 Billion; State of the Union? Facing Government Shutdown Again

The polar vortex that gripped the Midwest and disrupted supply chains for two days last week accounted for less than $1 billion in lost business — unlike the 2014 deep freeze that last for several days and cost $5 billion, says Planalytics in a Supply Chain Dive interview. And The State of the Union address will be held Tuesday night, with President Donald Trump speaking to the House and Senate members who must decide soon on how to avert another government shutdown, Bloomberg News reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Procurement Software Provider Xeeva Gets Another Patent to ‘Enrich’ Spend Data

contingent workforce

Xeeva, a provider of procurement and sourcing software, received another patent related to data management that uses artificial intelligence, the Michigan-based company said in a recent announcement. “The patent incorporates functionality for rapidly enriching data records to improve both quality and consistency,” the announcement said. With the increased digitalization of all businesses and the added use of connected  devices like the internet of things (IoT), more data is produced than ever, and businesses are having to find solutions that can make sense of it all.

Afternoon Coffee: Foxconn to Go Forward on Wisconsin Plant; U.S. Hiring Rises to 304,000 Jobs

Taiwan-based Foxconn Technology Group, a major supplier to Apple, got over its cold feet about building a giant liquid-crystal display (LCD) factory in Wisconsin and announced Friday that it is going forward with the project, The Wall Street Journal reports. And for January, U.S. employers hired more people than any other month for almost a year, adding 304,000 jobs, according to government numbers released Friday, reports the Associated Press, which also details why unemployment may be up at the same time as jobs rising. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Polar Vortex Still Causing Disruption; GE Sees Gains with New CEO’s Plan

Disruptions from the record-breaking cold in the Midwest continued Thursday, including broken water mains in Detroit, power outages in places and transportation issues, the Associated Press reports. And General Electric, which abruptly switched CEOs in the fall amid dismal financial news, has seen an uptick in stock market performance, Bloomberg News reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Polar Vortex Disrupts Business as Usual Across Midwest; Foxconn Wavers on Wisconsin Plant

Record-breaking cold has gripped the Midwest, closing businesses and schools as well as disrupting transportation, the Associated Press reports. For businesses worried about their supply chains, read these tips for winter and other extreme weather events. Foxconn Technology Group, which assembles the iPhone for Apple, said Wednesday that it is rethinking plans for its vast factory in Wisconsin, which gave record incentives to the Taiwan company, Bloomberg News reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Cold Weather Offers Lessons on Supply Chain Risks and Climate Change

With nature dealing much of the U.S. an arctic blast of cold weather this week, it’s a good time to look at the supply chain risks created by severe weather and climate change. The distinction is that weather consists of the day-to-day events, like high and low temperatures, rain or drought that can fluctuate wildly. And climate is the long-term weather pattern for a particular region. When there’s climate change, a long-term pattern is altered and can affect the daily weather in different areas. So global warming can heat large areas of Earth, causing wild swings in hot as well as cold temperatures in areas that once had a more consistent climate. For this current cold snap, read about all the tips to mitigate supply chain risks.