Reuters reports that it has looked at decades of documents that indicate Johnson & Johnson knew that its Baby Powder talc contained some amounts of asbestos, which can be deadly. And, Cargill Cocoa and Chocolate is working to have 100% cocoa bean traceability so it can eliminate deforestation from its supply chain by 2030, The Supply Chain Dive reports. Afternoon Coffee brings you the latest news about procurement and supply chains.
The U.S. Department of Transportation has announced how $1.5 billion for infrastructure will be spent, Supply Chain Dive reports. It will fund 91 road, rail, transit and port infrastructure projects in Washington, D.C., and 49 states. And California-based Apple Inc. has chosen Austin, Texas, as the site of its new $1 billion campus, the Austin-American Statesman reports, adding that plans for smaller offices in cities across the country also were announced. Afternoon Coffee brings you the latest in procurement and supply chain news.
UK Prime Minister Theresa May survives a no-confidence vote today, but the prospects for her Brexit deal remain uncertain, according to the Associated Press. In other news: Whether you call it the gig economy, freelancer marketplace or independent contract workers (ICW), the blended workforces of today require many companies to decide how to manage their contract workers and their full-time employees. At Google, the two-tiered system has led to some hard feelings and labor concerns — issues that The Guardian examines in a story written after getting an internal Google document on how to treat TVCs: the temps, vendors and contractors. Afternoon Coffee brings you the latest in procurement and supply chain news.
The demise of Toys R Us last year has realigned how toys are sold, with big retailers like Walmart and Target adding inventory — but they’re not doing as much business as toy makers expected, The Wall Street Journal reports. The $867 billion Farm Bill faces a vote this week after months of tense negotiations, CNBC reports. It includes safety nets for farmers and a provision for industrial hemp legalization. Afternoon Coffee brings you the latest in procurement and supply chain news.
ISM’s economic survey came out Monday, and while it shows that purchasing and supply chain executives expect growth in 2019, they aren’t as optimistic about economic conditions as they were when the report came out about a year ago, The Wall Street Journal reports. Upwork has announced that Microsoft has chosen Upwork as its launch partner for the “Microsoft 365 freelance toolkit.” According to the announcement, the toolkit is “an integrated workforce collaboration solution that helps enterprises work with freelancers at scale” based on integrated Microsoft 365 and Upwork Enterprise capabilities. Afternoon Coffee brings you the latest procurement and supply chain news.
Corcentric, a provider of procurement and financial process automation solutions, announced it has secured a $200 million senior credit facility, which will mainly be used to support growth organically and with acquisitions in the U.S. and abroad. In the contingent workforce market, MBO Partners, a business services platform for independent professionals and enterprises, has announced a partnership with Taxfyle, an on-demand workforce company that connects customers to licensed certified public accountants and IRS-enrolled agents at the firm. Afternoon Coffee brings you the latest in procurement and supply chain news.
Randstad Sourceright has announced the launch of MSP Ahead, calling it “the latest evolution of its managed service provider (MSP) offerings” for the contingent workforce market. And in international news, the arrest of a Chinese executive in a U.S. investigation has the potential to upend the U.S.-China trade truce, Bloomberg News reports. Wanzhou Meng is the CFO of Huawei Technologies and is the founder's daughter. Afternoon Coffee brings you the latest procurement and supply chain news.
Genesys Talent announced today that its analytics-driven solution, MatchList, is now available on the SAP App Center. After acquiring PeopleFluent this year, parent company Learning Technologies Group (LTG) on Wednesday announced the rebranding of PeopleFluent’s VMS solution to VectorVMS, which will continue to serve the contingent workforce market. Afternoon Coffee brings you the latest in procurement and supply chain news.
Coupa’s third-quarter earnings report this week showed that the provider of business spend management (BSM) solutions beat expectations, according to Investor’s Business Daily. Stock markets are down Tuesday, and investors don’t seem to believe that the tariff freeze between U.S. and China is enough to allay concerns about the situation, Bloomberg News reports. Afternoon Coffee brings you the latest in procurement and supply chain news.
The business world seems to be reacting favorably to the U.S.-China truce on tariffs, which the countries announced over the weekend at the G20 summit in Argentina, the Supply Chain Dive reports. On the plane ride back from the G20 summit, President Donald Trump said he would withdraw from NAFTA, the North American Free Trade Agreement, which still governs business among Mexico, the U.S. and Canada despite the countries signing the USMCA deal at the summit, the New York Times reports. Afternoon Coffee brings you the latest in procurement and supply chain news.
At the G20 summit Friday in Argentina, the leaders of the U.S., Mexico and Canada signed the USMCA trade deal that follows the two-decade-old NAFTA, the New York Times reports. And seasonal demand and customers’ preference for fast deliveries have given rise to pop-up warehouse plans, Supply Chain Dive reports. Afternoon Coffee brings you the latest in procurement and supply chain news.
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.