The Supply Chain Category

Supply Chain Disruption and Customer Viability Top Finance Leaders’ Risk Management Worries

Finance departments are struggling to manage risk, a recent report from Dun & Bradstreet finds, and many finance leaders “believe their own efforts to manage, monitor and predict risk pose a moderate to high risk to their businesses.” In order to find out how today’s finance leaders are managing risk and what their future risk management plans look like, earlier this year Dun & Bradstreet commissioned a study of approximately 1,100 finance professionals, the vast majority of whom were based in the U.S.

Tariffs: A Black Cloud Marring the 2019 Commodity Outlook

There was one word that loomed over the proceedings at The Right Place/Supply Chain Management Council's Commodity Trends 2019 Outlook event Wednesday in Grand Rapids, Michigan: Tariffs. From the multiple expert presentations to numerous audience questions and comments on the topic, it didn’t take much to pinpoint the effects of tariffs as a recurring theme of the half-day conference, at which MetalMiner Executive Editor Lisa Reisman presented our 2019 metals outlook. Indeed, the current onslaught of tariffs — including those implemented under Sections 201, 232 and 301 of U.S. trade law — seemed to be one of the primary concerns on everyone’s minds.

Commodities Roundup: Shale Gas Expansion Slows, Europe Drops Solar Panel Duties

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

U.S. Pork Prices Hit Multi-Year Low

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Spend Matters welcomes this guest post from George Duke, market analyst at Mintec.

Pork prices in the U.S. have fallen sharply since June, with August prices 40% lower month-over-month. Seasonal falls in pork prices can be expected for the late summer. This year, however, pork prices are falling at a more significant rate than the historical average.

Commodities Roundup: Aluminum Foil, Export Tariffs and European Steelmakers

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For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Commodities Roundup: China’s Domestic Consumption Slump, Aluminum Prices and Turkey Tariffs

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Commodities Roundup: Natural Gas, Steel Shipments, and Global Zinc and Lead Deficits

oil oversupply OPEC

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Veraction Merges With Trax Technologies: A Q&A with CEO Chris Connell (Part 2)

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The transportation management industry is big, fragmented and ripe for disruption. In Part 1 of this interview with Chris Connell, CEO of Trax Group and former CEO of Veraction, we discussed the June merger of the two companies into a combined transportation spend management, freight audit and payments solution. Today, in Part 2, we conclude the conversation with a forecast of where the transportation and logistics markets are going, the potential asteroid that could disturb the whole ecosystem (hint: it involves Amazon) and how Trax fits into that future.

Veraction Merges With Trax Technologies: A Q&A with CEO Chris Connell (Part 1)

Earlier this summer, Veraction, a provider of transportation spend management and freight audit software, announced it would merge with Trax technologies, a provider of global freight audit and payments solutions. The combined company, which is retaining the Trax name, manages more than $10 billion in logistics spending across all transportation modes for more than 300 enterprise customers, according to a press release. To learn more about the transaction, as well as what companies like Trax can offer to procurement and supply chain organizations, we sat down with Chris Connell, former CEO of Veraction and now CEO of the combined Trax Group.

Using Information Advantages to Finance B2B Transactions

We've all heard the stories around how supply chains are digitizing. A real transformation is underway, no doubt. But transformations don’t happen overnight. Likewise, traditional forms of financing supply chains still dominate. Many new models of lending have emerged over the last few years that rely on the approved invoices and third-party money, and while some models have generated volume, these pale in comparison with total B2B transactions. This is not to say there are not failures. In fact, the innovations that have been tried and failed lead to further innovation, piggybacking off of lessons learned. 

Commodities Roundup: GOES Imports Drop, Rusal Sanctions Crunch and U.S. Raw Steel Production Jumps

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Mitigating Trade War Risks: Do Procurement Organizations Have the Data Needed to Respond?

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What’s the best tool procurement organizations have to mitigate risks in the U.S.-China trade war? In a word, data. The Trump administration’s Section 232 and 301 probes have led to billions of dollars’ worth of tariffs, igniting a U.S.-China trade war. And the tit-for-tat duties are only likely to escalate: The Office of the U.S. Trade Representative in July published a list of additional Chinese goods to tax — to the tune of $200 billion. With everything from vaccines to nuclear reactor parts to metals beyond steel and aluminum up for consideration, escalating trade tensions have introduced numerous unforeseen risks into procurement and supply chain organizations.