Category Archives: Afternoon Coffee
American, JetBlue End Partnership, Bangladesh Factory Inspection Report, QR Codes on Energy Bills
American Airlines and JetBlue are ending their partnership that included agreements on ticketing, baggage handling, and frequent-flyer programs. Results are out from the latest factory inspections in Bangladesh, and what was found were inadequate fire doors, lack of sprinkler systems, and dangerously high weight loads on several floors. Afternoon Coffee brings you the latest news in supply chain and procurement.
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Chrysler Recalls 25,000 Vehicles, Loosening Russia’s Energy Grip, Fyffes to Merge with Chiquita
Officials from the U.S. and Western Europe are seeking to loosen Russia’s grip on Ukraine’s gas supply. Dublin-based fruit supplier Fyffes is merging with rival Chiquita, a deal that would create the world’s biggest banana company. Afternoon Coffee brings you the latest news in supply chain and procurement.
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MasterCard, Visa Form Group to Improve Card Security, L.L. Bean Plans $100M in Spending
MasterCard and Visa are forming a cross-industry group to speed up the adoption of technology that will improve credit- and debit-card security. India, the world’s biggest arms importer, is starting to buy local. Currently, orders from India account for almost a third of Russia’s total arms exports. Friday Latte brings you the latest news in supply chain and procurement.
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Staples to Close 225 Stores, Target’s $100M Security Plan, Oscar Mayer Invents Bacon-Scented Alarm Clock
Staples, the largest U.S. office supplies retailer, will close 225 stores in North America by 2015 as part of a $500 million cost-cutting program, whereas Target is dropping $100 million on a security plan. Afternoon Coffee brings you the latest news in supply chain, procurement, and clever inventions.
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Disappointing Profits in Emerging Markets, Target’s CIO Resigns, Chipotle’s Guacamole Supply Scare
For some global corporations, investing in emerging markets hasn't proved as promising as they hoped, as political and economic instability lead to disappointing profits. Target’s Chief Information Officer Beth Jacob is resigning, a move that comes in the midst of the retailer’s information security and compliance overhaul following its serious data breach. Afternoon Coffee brings you the latest news in supply chain and procurement, special avocado edition.
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Aircraft Suppliers Pressured to Cut Prices, RadioShack to Close 1,100 Stores, EU to US: “Don’t Call it Brie”
Suppliers to Airbus Group and Boeing are under increasing pressure to speed up production and cut prices, putting small suppliers in particular at risk of going out of business. And according to a new report, roughly 20 percent of UK households have been wrongly billed by energy suppliers in the past two years. Afternoon Coffee brings you the latest news in supply chain and procurement.
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Apple Hiring Supply Chain Managers in Asia, Shares of Russian Companies Fall, Citigroup Subpoenaed
Apple Inc. is hiring hundreds of engineers and supply chain managers in China and Taiwan as part of its plan to speed up product development and launches. And shares of Russian companies traded in the U.S. plummeted this morning, as Russia’s military forces enter Ukraine and the two countries prepare for a potential war. Afternoon Coffee brings you the latest news in supply chain and procurement.
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EWG Releases List of Food Items Containing ADA, UK Energy Suppliers to Repay $760M
After Subway removed azodicarbonamide (ADA) from its bread, the Environmental Working Group released a list of 500 more food items that contain ADA. And Britain’s six biggest energy suppliers were told to return over 400 million pounds ($760 million) that were held in former customers’ closed accounts. Friday Latte brings you the latest news in supply chain and procurement.
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GM Expands Compact Car Recall, Delta Changes Frequent Flyer Program, Italy’s Food Theme Park
General Motors expands its recall of compact cars to 1.37 million vehicles. The number of deaths resulting from the ignition problems has been raised to 13. And starting Jan. 1 of next year, Delta’s frequent flyer program will reward miles based on ticket price and not distance travelled. Afternoon Coffee brings you the latest news in supply chain and spending.
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Nestle Tops Oxfam Sustainability List, Taulia Enhanced Discounting Launches, Common Myths About GPOs
Nestle and Unilever top Oxfam’s latest list ranking 10 major food companies according to their sustainable sourcing practices and support for human rights. And supplier financing provider Taulia has launched its newest product, Taulia Enhanced Discounting, which combines traditional Dynamic Discounting with a flexible supplier financing program. Afternoon Coffee brings you the latest news in supply chain and procurement.
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Target’s Canadian Expansion Creates Loss, USDA Spending $3M on Honeybees, LinkedIn Expands to China
Target may be a popular destination for Canadians crossing the border on shopping trips, but Target’s first international expansion into Canada has led to an $800 million to $900 million loss. And the U.S. Department of Agriculture is spending $3 million to help feed commercial honeybees, who pollinate an estimated $15 billion worth of produce each year. Afternoon Coffee brings you the latest news in supply chain and procurement.
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OB10, Buzón E Sign Reseller Agreement, Bangladesh Factory Inspections Delayed, “Got Milk?” (No.)
OB10 has signed a reseller agreement with Mexican e-invoicing provider Buzón E, bringing on shipping firm Estafeta as the first buyer customer to join the network in this region. Bangladesh garment factory inspections are likely not to be completed until September, five months later than planned. Afternoon Coffee brings you the latest news in supply chain and procurement, as well as which iconic ad campaign is to be axed.
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