Author Archives: JP Morris

Afternoon Coffee: U.S., China Consider Easing Trade Tension; How Supply Chains Can Use Climate Change Report

The U.S. and China are exploring ways to ease trade tensions that could delay more tariffs until the spring and lead to talks about changes in Chinese economic policies, The Wall Street Journal reports. And the dire climate report released recently by the Trump administration provides a roadmap for supply chains to prepare for a shrinking U.S. economy brought on by global warming, Supply Chain Dive reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Interview with Malcolm Harrison, CIPS New CEO (Part 2 — Growth, Change and the U.S.)

Spend Matters UK's interview with new CIPS leader Malcolm Harrison continues with a focus on the professional organization's short-term and long-term plans.

"We must remain relevant to the UK," Harrison says, "but many organizations who employ our members are very interested in what CIPS can do outside the UK — we were invited into the U.S., for example."

Harrison also digs into the institute's strategy to serve its core membership in the UK while also making tough decisions about leadership that can help it expand in other countries. For example, the Chartered Institute of Procurement & Supply recently decided to not appoint a new president when the previous term expired. 

"As we get more international and diverse, it is hard to see that one person can fulfill all the needs," Harrison says.

Procurement veteran Peter Smith, of Spend Matters UK, recently sat down with Harrison to catch up on his first 100 days or so in office.

In Part 1, the interview looked at CIPS' commercial focus. This installment of the three-part series focuses on the future.

"You know the saying 'a tree is either growing or dying' — there is no steady state," Harrison says. "I feel that way about CIPS, we have to move forward and change."

Afternoon Coffee: Fed’s New Stance Bolsters Market; U.S. Firms Squeezing Suppliers in China as Tariffs Set In

In a speech Wednesday, Federal Reserve Chairman Jerome Powell changed his opinion on interest rates, saying the current level is “just below” neutral, CNBC reports. Markets reacted favorable Wednesday. His comments last month raised concerns that interest rates may go much higher and slow down economic growth. Get an update on how companies like Amazon, Walmart and Target are handling the difficult trade climate with China, where its manufacturers are feeling the strain and seeking new customers outside the U.S., The Wall Street Journal reports. Afternoon Coffee brings you the latest news about procurement and supply chains.

Interview with Malcolm Harrison, CIPS New CEO (Part 1 – Commercial)

Malcolm Harrison took over as CEO for the Chartered Institute of Procurement and Supply (CIPS) in the summer, and he promised an interview with Spend Matters UK/EU to talk about his first “100 days” or so. Spend Matters' Peter Smith, a former CIPS president, recently caught up for a chat about where the organization is going with its certification programs, its commercial work and more. "I do feel that we may not have the balance quite right in terms of our commercial activities and the core purpose of supporting the profession and our members," Harrison said. "I have some sympathy with the view I’ve heard that 'CIPS has got too commercial.' ” Read the first of the three-part series here.

Afternoon Coffee: U.S., China Restart Trade Talks Before G20 Summit; Experts Look at Business Case for Self-Driving Vehicles in Supply Chain

Trade talks between the U.S. and China have restarted before the nations’ leaders meet this weekend for the G20 Summit in Argentina, CNBC reports. And experts see autonomous vehicles affecting the supply chain — but not for a number of years, Supply Chain Dive finds in interviews with three industry leaders. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: GM to Cut Jobs, Idle Factories; Resilinc Shows Supply Chain Disruptions

General Motors on Monday announced plans to cut more than 14,000 jobs and idle factories in Ohio, Michigan and Canada in a move that would reduce costs by about $4.5 billion, The Wall Street Journal reports. And it’s not just severe weather and fires that are disrupting supply chains, according to visibility specialist Resilinc. Events like mergers and acquisitions were the most common type in North America for the first half of 2018, according to Supply Chain Dive’s look at Resilinc’s data. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: USMCA Faces House Shift, Possible GOP Vote; Is Thanksgiving Curbing Truckers?

Some current GOP representatives in the U.S. House have suggested holding a vote on the USMCA trade deal before losing power to Democrats next year, CNBC reports. Supply Chain Dive reports that one of its trucking sources says drivers may be taking time off to be with family for Thanksgiving despite the demand. Afternoon Coffee brings you the latest procurement and supply chain news.

Number of U.S. Freelancers Dropped in 2018, But Talent Pool Still Deep

A recent report on the state of freelancing in the U.S. shows that about 4 million more people are freelancing than in 2014, with a steady increase each year — until now. About 600,000 fewer workers were in the freelance pool in 2018, according to the Edelman Intelligence report, which was commissioned by Upwork, an online freelancer marketplace and enterprise solution company, and the Freelancers Union. Five years ago, about 53 million Americans did freelance work, and the number climbed to 57.3 million last year before tapering off to 56.7 million this year, the report shows.

Afternoon Coffee: Trump May Restrict U.S. Tech Exports; How to Plan for an Unwanted Guest: Inflation

The Trump administration moved ahead with plans to limit technology exports, a move that analysts said could have exponential impacts if the U.S.-China trade war worsens, Bloomberg News reports. A Bain & Co. analysis says encroaching inflation poses a problem for companies to control supply chain costs, the Supply Chain Dive reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: WSJ Says Apple’s Supply Chain Reeling from Cuts; Wonolo Raises $32 Million in Funding

Apple has thrown its supply chain for a loop by cutting production of its latest iPhone models, The Wall Street Journal reports, citing sources familiar with the situation. On Monday, Apple and Facebook stocks were among tech companies losing share price, Bloomberg reports. And Wonolo, the online work platform that connects hourly workers with local temporary jobs/gigs, announced it has closed a $32 million Series C funding round led by Bain Capital Ventures. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Trump Optimistic on China Trade Talks, Companies Gird for No-Deal Brexit

President Donald Trump on Friday said he has a positive outlook about China’s recent list of trade issues that it’s willing to discuss, and the stock market responded favorably to the possibility of less volatile policies between the two countries, Bloomberg News reports. And as UK Prime Minister Theresa May tries to steer a shaky Brexit deal through Parliament and save her administration, companies are having to plan for the possibility of the UK leaving the European Union without trade deals and provisions for logistics, the Wall Street Journal reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Brexit Deal Clears Hurdle But Could Sink PM,  Paramount WorkPlace Unveils Updates

UK Prime Minister Theresa May got her Cabinet’s approval for the Brexit deal worked out with the EU, but ensuing battles may undercut her administration’s hold on power as it seeks Parliament’s approval, The Wall Street Journal reports. And Paramount WorkPlace on Thursday announced the release of its latest software solutions for procurement, requisition and expense, according to a press release. Afternoon Coffee brings you the latest in procurement and supply chain news.