Being a Wal-Mart supplier just got even tougher. The latest developments from the retailing behemoth include tightening shipping windows to two days from four. APICS announced Monday it has reconfigured its Certified in Production and Inventory Management (CPIM) program to better suit the needs of practitioners. Afternoon Coffee brings you the latest procurement and supply chain news.
A strike by plant workers in South Korea Monday crippled production for Hyundai Motor Co., temporarily halting supply of some of the company’s best-selling vehicles in the U.S. The World Trade Organization (WTO) cut its 2016 forecast for global trade Tuesday by more than a third. Afternoon Coffee brings you the latest in procurement and supply chain news.
Our sister site MetalMiner announced today the launch of months-long project examining China’s rise to power in global trade and its attempts to gain market economy status (MES) from the World Trade Organization (WTO) members. And in related global trade news, the WTO sided with the U.S. and Boeing this morning in a trade dispute surrounding subsidies from E.U. member countries to Airbus. Afternoon Coffee brings you the latest in procurement and supply chain news.
Amazon is targeting Grainger's supremacy in the industrial supply market, court transcripts indicate. Tipalti announced recently a $14 million funding round led by SGVC, which it plans to use the new round of funding “to aggressively accelerate the company’s growth.” Afternoon Coffee brings you the latest procurement and supply chain news.
JetBlue has agreed to buy more than 330 million gallons of renewable fuel over 10 years, anticipating future restrictions on airliners’ greenhouse gas pollution. Tesla is in the news yet again for an ongoing dispute with the (former) supplier of its machine vision sensor system, Mobileye. Afternoon Coffee brings you the latest procurement and supply chain news.
This week in metals, the Aluminum Extruders Council joined Century Aluminum, Brazeway, and the United Steelworkers in the China Trade Task Force’s (CTTF) call for action to remedy problems caused by excess Chinese capacity. The U.S. International Trade upheld most of the recent anti-dumping and anti-subsidy duties on hot-rolled flat steel imports from several countries. The Week in Metals brings you the latest procurement and supply chain news from MetalMiner.
Chicago Mayor Rahm Emanuel introduced a series of ordinances at the City Council meeting Wednesday that would grant sweeping new powers to Chief Procurement Officer Jamie Rhee. P2P provider Vroozi is releasing a free trial that will allow procurement users to use its mobile platform for 30 days. Afternoon Coffee brings you the latest in procurement and supply chain news.
THOMASNET.com and the Institute for Supply Management kicked off their third annual “30 Under 30 Rising Supply Chain Stars” Recognition Program Tuesday, bringing recognition to the newest crop of millennials making a name for themselves in supply chain and procurement careers. OPEC raised its forecast of oil supplies from non-member countries in 2017. Afternoon Coffee brings you the latest in procurement and supply chain news.
In case you missed it, Coupa filed its S-1 with the Securities and Exchange Commission on Thursday, ending months of speculation about whether the P2P provider would go public this year. TalentWave, a company created in March from combined independent workforce solution firms ICon Professional Services and Synergy, announced Monday it appointed Kieran Brady as chief operating officer. Brady will be responsible for expanding the company’s infrastructure and managing the customer success teams. Afternoon Coffee brings you the latest in procurement and supply chain news.
Coupa announced Wednesday it brought on Steve Winter as its chief revenue officer. Winter will be in charge of “driving better integration and alignment of all revenue-connected aspects of the business,” the company said in a press release. The Ninth Circuit Court of Appeals ruled Wednesday that most of Uber’s contract workers must resolve their disputes with the rideshare provider individually rather than as a group. Afternoon Coffee brings you the latest in procurement and supply chain news.
Vinimaya launched on Tuesday a cloud-based e-procurement suite called Aquiire. Contract lifecycle management provider Icertis announced this week a partnership with Box. The collaboration will integrate Icertis’ solution with Box's enterprise content management platform, allowing internal stakeholders to collaboratively author documents and share documents and contract drafts during negotiation. Afternoon Coffee brings you the latest in procurement and supply chain news.
Procure-to-pay (P2P) provider Proactis announced on Monday a new partnership with IT consultancy Sopra Steria. UPS is raising the cost of its freight service 4.9% on average and will follow that with another price raise later this year. Afternoon Coffee brings you the latest in procurement and supply chain news.