Author Archives: Nick Heinzmann



Afternoon Coffee: Infosys CEO Resigns Over Row with Founders, Manufacturers Push Back on Trump’s Natural Gas Plan

Infosys CEO Vishal Sikka announced his resignation Friday following a long-running feud with founders of the company. Although President Trump has pledged to boost America’s energy industry, manufacturers are actually pushing back against his plans to increase natural gas exports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Repairing the Relationship Between Procurement and Marketing (ICYMI)

For the past two weeks, Spend Matters has been taking a closer look at the marketing category. As most of the supply management world knows, the relationship between procurement and the marketing function can hardly be described as rosy. While we’d like to say there’s hope on the horizon, the obstacles to advancing procurement’s strategic value are still, well, standing in the way.

Afternoon Coffee: Target Gets Boost from Supply Chain Efficiency, Hyundai Makes Shift to Premium Electric Vehicles

Target Corp. saw its sales at stores open at least a year rise 1.3% in the second quarter and digital sales spring 32% from a year ago. A departure from its previous positioning toward fuel cell technology, Hyundai said Thursday it would place electric vehicles at the center of its product strategy going forward. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: National IPA Forms Omnia Partners, What to Expect from NAFTA Negotiations

The National Intergovernmental Purchasing Alliance announced Wednesday it had formed Omnia Partners, a shared services company dedicated to government, education and the private sector. Delegates from Canada and Mexico are coming to Washington Wednesday to begin discussions for revising the North American Free Trade Agreement. Afternoon Coffee brings you the latest in procurement and supply chain news.

Tapping Your Most Underutilized Innovation Source: The Contingent Workforce

workforce

It’s no secret that talent is tougher to find these days. From skills deficits and low application levels to intense hiring competition between companies, contingent workforce managers know the search for the right candidates is fraught with challenges. No wonder, then, that one survey from the Society for Human Resource Management reported more than two-thirds of organizations hiring full-time staff are struggling to fill job openings. One result of this talent dearth, understandably, is that the lack of full-time talent translates into a reactionary need for contingent staff to fill the gaps. Scrambling to do this in a cost-effective and timely fashion, contingent workforce managers ultimately approach sourcing workers as a transactional activity.

Afternoon Coffee: Target Acquires Grand Junction, Britain Proposes Interim Customs Agreement

Target announced Tuesday it had acquired Grand Junction, a technology firm that Target has previously worked with to expand its same-day delivery capabilities. Britain has proposed setting up an interim customs agreement with the European Union after Brexit. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Riskmethods Forms Partnership with Accenture, Trump Mulls Launching Trade Probe on China

Riskmethods announced recently it has formed a partnership with Accenture to accelerate the delivery of data and consulting on risk management. The Trump administration will determine whether to launch an investigation into if Chinese trade practices are forcing U.S. firms operating in China to turn over intellectual property. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Medium-Duty Electric Trucks About to Hit the Road, Solar Eclipse to Alter Trucking Schedules

California-based startup Chanje is getting ready to sell its first medium-duty electric trucks within the next few weeks. Here’s a supply chain disruption you may not have been prepared for: Several states have adjusted their freight transportation schedules to avoid expected traffic increases during the upcoming solar eclipse. Afternoon Coffee brings you the latest in procurement and supply chain news.

3 Hot Topics Procurement Won’t Be Able to Stop Thinking About Even at the Beach

As we slog through the dog days of summer, many procurement folks are letting their minds wander to more pleasant thoughts — a drink by the beach, a few rounds on the back nine, a moment of peace (however fleeting) without the constant ding of email notifications from a smartphone. And as they pack for a well-deserved vacation, they’ll try leave behind some of those more persistent thoughts and concerns, as well. What has been top of mind for procurement this year, and what has stressed them out to the point where they need to get away from it all for a bit? Here are the top three topics our readers have been sweating over for the last seven months.

Afternoon Coffee: Retailers Spend Big Bucks to Lobby Against Border Tax, Copper Prices Hit Two-Year High

Retailers Target and BestBuy spent more in the first of half of 2017 than all of 2016 on lobbying, specifically to stop a proposed border adjustment tax. A weaker dollar boosted copper prices to their highest level in two years Monday, hitting $2.9265 a pound at one point during the session. Afternoon Coffee brings you the latest in procurement and supply chain news.