Category Archives: Afternoon Coffee

Afternoon Coffee: US Economy Expands in Fourth Quarter, Oil Prices Make Gains This Week

- March 27, 2015 12:16 PM | Categories: Afternoon Coffee

file000401371971 The latest GDP data was released this morning, showing the US economy grew 2.2% during the fourth quarter. And, oil prices seem to be rebounding from their 6-year low hit earlier in March. Afternoon Coffee brings you the latest procurement and supply chain news.

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Afternoon Coffee: Ford Opens India Production Plant, Another Oil Company Cuts Spending

- March 26, 2015 12:14 PM | Categories: Afternoon Coffee

OLYMPUS DIGITAL CAMERA Ford Motor Co. opened its $1 billion plant in India this week. The car maker plans to triple its exports from the country. And, PetroChina Co. is cutting its spending plans by 8.8% this year, following a 17% drop in 2014 profits due to falling oil prices. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Afternoon Coffee: M&A News Updates in Food, Cable and Oil Industries

- March 25, 2015 12:19 PM | Categories: Afternoon Coffee

café-coffee-cup-2709-527x350 A major merger was announced today in the food industry: HJ Heinz and Kraft Foods Group will unite to form one major food company. Comcast Corp. announced today it is likely to close its merger with Time Warner Cable later than expected – by the middle of 2015. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Afternoon Coffee: US Imported Record Amount of Auto Parts in 2014, and is Apple Really Creating a Car?

- March 24, 2015 12:17 PM | Categories: Afternoon Coffee

OLYMPUS DIGITAL CAMERA The US imported $138 billion worth of car parts in 2014 from foreign suppliers – a record amount. And, speaking of the auto industry, Apple could be entering it as rumors spread of the tech giant creating an electric car. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Afternoon Coffee: Singapore Named Global Trade Winner, Poll Shows UK SMEs Struggle to Work with Big Businesses

- March 23, 2015 12:15 PM | Categories: Afternoon Coffee

beans-coffee-cup-2059-525x350 copy Singapore was named the winner in Bloomberg’s recent survey of the top 15 economies winning in global trade. And, a new poll showed UK small-and medium-sized businesses face struggle to create long-term relationships with business partners, face supply chain abuse from large companies and routinely receive late payments. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Afternoon Coffee: Amazon Starts Testing Drones Outside, But Companies Report Challenges in Using Devices for Delivery

- March 20, 2015 12:06 PM | Categories: Afternoon Coffee

DCF 1.0 Amazon will begin experimenting with drones outdoors to study the feasibility of using the devices for 30-minute delivery. However, companies are facing challenges using drones for small deliveries due to short battery life of the devices, unreliable location data and weather issues. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Afternoon Coffee: Suppliers Worry About Struggling Sears Business, UK Car Industry Sees Boost

- March 19, 2015 12:06 PM | Categories: Afternoon Coffee

café-coffee-cup-2709-527x350 copy Sears’ supply chain is feeling the negative effects of the retailer’s current financial situation. And, the UK car industry and its suppliers are experiencing a rise in demand, according to a new report. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Oil Inventories Reach 80-Year High, GM Closes Russia Car Plant

- March 18, 2015 12:18 PM | Categories: Afternoon Coffee

US crude oil inventories have increased by 9.6 million barrels, the Energy Information Administration reported today. And, General Motors Co. announced it is closing its production plant in Russia due to increasing risk and economic uncertainty in the country. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Americans Spend $4.6 Billion on St. Patrick’s Day, Manufacturers Concerned with Supply Chain Disruptions

- March 17, 2015 12:07 PM | Categories: Afternoon Coffee

Illustration-Of-A-Four-Leaf-Clover-10231317105B70BA Americans will spend $4.63 billion collectively celebrating St. Patrick's Day, slightly down from last year. And, supply chain disruptions and complexities top the list of concerns among manufacturers, according to a recent survey. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Americans Spend $4.6 Billion on St. Patrick’s Day, Manufacturers Concerned with Supply Chain Disruptions

- March 17, 2015 12:07 PM | Categories: Afternoon Coffee

Americans will spend $4.63 billion collectively celebrating St. Patrick's Day, slightly down from last year. And, supply chain disruptions and complexities top the list of concerns among manufacturers, according to a recent survey. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Americans Spend $4.6 Billion on St. Patrick’s Day, Manufacturers Concerned with Supply Chain Disruptions

- March 17, 2015 12:07 PM | Categories: Afternoon Coffee

Americans will spend $4.63 billion collectively celebrating St. Patrick's Day, slightly down from last year. And, supply chain disruptions and complexities top the list of concerns among manufacturers, according to a recent survey. Afternoon Coffee brings you the latest in procurement and supply chain news.

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Industrial Production Rises in February, Crude Oil Prices Hit 6-Year Low

- March 16, 2015 12:08 PM | Categories: Afternoon Coffee

Industrial production rose slightly by 0.1% in February. And, Crude oil prices hit a 6-year low this morning, dropping to under $43.57 a barrel. Afternoon Coffee brings you the latest in procurement and supply chain news.

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