The Trans-Pacific Partnership will have a positive impact on U.S. businesses, workers and families, the U.S. International Trade Commission said in a report issued May 18. The nearly 800-page congressionally mandated report assesses the impacts the TPP would have on the U.S. economy, specific industries, employees and consumers. The ITC looked at the effects the TPP would have in 15 years on the economy, compared to a baseline economy without the TPP.
Category Archives: Industry News
If you’ve pored over the trends behind the 50 Providers to Watch and 50 Providers to Know lists over the past three years — as we have in recent weeks — then you may be asking yourself some interesting questions. Here’s one that got us thinking.
KellyOCG recently hosted around 10 industry analysts to hold briefings and discussions with key KellyOCG executives. This was the second such event in the U.S. and appears to represent a deliberate communications strategy to focus and educate analysts on this distinct business unit within Kelly Services Inc. Indeed, KellyOCG’s Senior Vice President and General Manager Teresa Carroll did mention how financial analysts accustomed to analyzing traditional staffing businesses were grappling with how to evaluate KellyOCG, a services and solution provider business — which, from our perspective, is a key part of the emerging contingent workforce and services supplier landscape.
Randstad Japan, a division of the world's second-largest HR service provider, and on-demand workforce platform provider Gigwalk recently announced a partnership that will inject on-demand platform technology into an established temporary staffing business to achieve faster placements, lower transaction costs and meet client needs that could not be supported with a traditional staffing model. The program is being rolled out across all of Japan, where there is a labor shortage, especially in the food service and retail industries.
I’ve personally gotten a dozen notes or calls from people I know in the past few days asking “why weren’t we” on the Spend Matters 2016 50/50 “Watch” and “Know” lists. Some were polite. Others less so. I know that my colleagues have gotten similar lines of questioning as well. Inevitably, any list or ranking of vendors or solution provider will result in happy and unhappy people and providers. It comes with the territory.
The U.S. General Services Administration announced early last week it looking for a supply chain solution as part of a pilot program aimed at helping federal procurement professionals authenticate IT and communication products in the government’s supply chain. The independent organization that supports federal agencies issued an RFI May 9 to gather information about the development of a supply chain solution and interface that would prevent counterfeit IT components from entering the federal supply chain.
SAP and Microsoft announced a new integration plan Tuesday that deploys SAP HANA on the Microsoft Azure cloud and links SAP applications, including Ariba, with Microsoft Office 365, giving procurement organizations opportunities for enhanced collaboration, functionality and connectivity within the tools they regularly use. According to Joe Fox, senior vice president of business development and strategy at SAP Ariba, the partnership with Microsoft shows SAP/Ariba’s commitment to delivering innovation through an open platform
The Trans-Pacific Partnership (TPP) trade agreement will have a positive impact on retailers and how they work with overseas suppliers, according to a new report from the National Retail Federation (NRF). Along with lowering costs for global supply chains, the TPP gives retailers more oversight to ensure suppliers are following environmental and labor protection standards, the NRF said.
ISM Accelerates Into Indianapolis — Examining Content Tracks at the 2016 Annual Event and the Brewing Knowledge Battle
Over the past two days, five members of the Spend Matters team descended on Indianapolis for the 2016 ISM Annual Conference. We (Jason Busch and Pierre Mitchell) are presenting in various sessions throughout the 3-day event and our team is catching the general vibe of the largest procurement event (roughly 2,500 people this year) in North America, and we’ve been impressed with the track design and much of the content in the sessions we’ve sat in on this year.
A possible Staples and Office Depot merger is off the table. Last week, a federal judge blocked the $6.3 billion deal from going through — a decision Staples reportedly will not appeal. The Federal Trade Commission argued the merger would hinder competition in the market. The news came as a surprise to Pierre Mitchell, chief research officer at Spend Matters, as he explained in his analysis on the news last week, titled “The Staples-Office Depot Merger Fail — A Post-Mortem Analysis.”
After months of debate, we are excited to reveal our 50 Provider to Know and 50 Providers to Watch for 2016. The Spend Matters 50 Providers to Know highlights firms who continue to lead the charge on new procurement technologies and services driving innovation and changing they way we do business. The 50 Providers to Watch lists shines a light on exciting newcomers who are pushing the envelope.
Salaries for supply chain management professionals were up in 2015 compared with 2014, according to ISM’s 2016 Salary Survey. Average overall compensation grew 7.9% last year, reaching $109,961, compared with the average $101,944 supply chain and procurement professionals were making a year earlier. More supply chain managers are also making $100,000 or more than in previous years, with 44% compared to 38% in 2014.