Costs for materials, equipment and construction are rising across the board, leaving procurement executives with tough decisions to make on near-term buying strategies. Walmart’s recently released 2018 Global Responsibility Report reveals much of its strategy to improve corporate social responsibility (CSR) starts from within its supply chain. Afternoon Coffee brings you the latest in procurement and supply chain news.
PeopleFluent, a provider of talent management software, got a new owner Tuesday, when U.K.-based Learning Technologies Group announced it had acquired the company. Japanese prosecutors are looking into whether Kobe Steel’s data quality scandal could merit criminal charges. Afternoon Coffee brings you the latest in procurement and supply chain news.
Retailer Target is facing blowback from consumers after it cancelled the sale of a much-anticipated rain boot collaboration with Hunter over quality and production issues. Two months after a high-profile logistics failure, less than half of KFC’s 900 U.K. restaurants are offering a full menu. Afternoon Coffee brings you the latest in procurement and supply chain news.
Exigent Group, a provider of legal services outsourcing, announced Monday the launch of a new technology offering. Unions at the Canadian Pacific Railway are urging their members to reject the company’s most recent contract offer, calling a long-discussed strike “inevitable.” Afternoon Coffee brings you the latest in procurement and supply chain news.
Temporary workforce tool Wonolo announced Wednesday it had raised $13 million in a new funding round led by Sequoia Capital. The European Union has enacted new legislation intended to reduce food waste. Afternoon Coffee brings you the latest in procurement and supply chain news.
IBM’s quarterly earnings got a boost from what is perhaps the year’s hottest technology: blockchain. E-sourcing provider Scout RFP announced Tuesday it had hired Grant Shirk as its first vice president of marketing. Afternoon Coffee brings you the latest in procurement and supply chain news.
LawGeex, a relatively new vendor in the contract management space, announced Tuesday it had closed a $12 million funding round led by venture capital fund Aleph. Tesla’s beleaguered Model 3 sedan is halting production again this week, this time for four to five days to “improve automation” on the assembly line. Afternoon Coffee brings you the latest in procurement and supply chain news.
Xeeva announced Thursday it had raised more than $40 million in a funding round led by PeakEquity Partners. One of the first actions President Trump took when he assumed his office was to pull out of the Trans-Pacific Partnership. But over a year later, it looks like he wants back in. Afternoon Coffee brings you the latest in procurement and supply chain news.
EcoVadis announced Wednesday the release of EcoVadis 10, the latest edition of its sustainability intelligence platform. China’s Ministry of Commerce reiterated Thursday its resolve to not give into the Trump administration’s demands on trade, saying it would fight unilateralism and trade protectionism “till the very end.” Afternoon Coffee brings you the latest in procurement and supply chain news.
Jaggaer's most recent updates include expanded support for collaborative contract negotiation; added capability for receipt-based invoicing; and new tools for project management. Following a series of supply problems affecting production in Brazil between 2015 and 2016, Volkswagen announced Tuesday it had cancelled the majority of its contracts with parts and material supplier Prevent Group. Afternoon Coffee brings you the latest in procurement and supply chain news.
Apple announced Monday that all of its worldwide facilities are now powered exclusively by renewable energy. But with that goal completed, the company is now turning to its suppliers. Escalating trade tensions between the U.S. and China have left Europe stranded in the middle. Afternoon Coffee brings you the latest in procurement and supply chain news.
Negotiators met in Washington, D.C., last week to discuss an “agreement in principle” for a new version of the North American Free Trade Agreement (NAFTA), a step that would lock in the main tenets of a new deal, if not the fine print. Suplari, an analytics platform that emphasizes the use of artificial intelligence in its offering, announced Thursday it had raised $10.3 million in a Series A funding round led by Shasta Ventures. Afternoon Coffee brings you the latest in procurement and supply chain news.