General News Content

Afternoon Coffee: Total Buys Maersk Oil for $5 Billion, First Round of NAFTA Talks Conclude

French energy giant Total SA announced Monday it has agreed to purchase the oil and gas unit of A.P. Moller-Maersk for just under $5 billion. While the opening round of talks to update the North American Free Trade Agreement (NAFTA) have concluded, the discussions revealed “deep fissures” between the U.S. position and that of Mexico and Canada. Afternoon Coffee brings you the latest in procurement and supply chain news.

How Procurement Can Guide Businesses Through the Changing Human Capital Environment

The modern contingent workforce manager faces a challenge unlike any her predecessors have ever faced: innovate or die. Disruptive technologies are battering old business models, eroding market share and feeding calls for procurement to tighten organizational belts. All of this and more is forcing business to acknowledge that human capital requirements are also changing. In response, high-performing organizations are reinventing the way they approach their workforce, experimenting with new models for sourcing, structuring and consuming vital work, services and knowledge.

Afternoon Coffee: Infosys CEO Resigns Over Row with Founders, Manufacturers Push Back on Trump’s Natural Gas Plan

Infosys CEO Vishal Sikka announced his resignation Friday following a long-running feud with founders of the company. Although President Trump has pledged to boost America’s energy industry, manufacturers are actually pushing back against his plans to increase natural gas exports. Afternoon Coffee brings you the latest in procurement and supply chain news.

Repairing the Relationship Between Procurement and Marketing (ICYMI)

For the past two weeks, Spend Matters has been taking a closer look at the marketing category. As most of the supply management world knows, the relationship between procurement and the marketing function can hardly be described as rosy. While we’d like to say there’s hope on the horizon, the obstacles to advancing procurement’s strategic value are still, well, standing in the way.

Afternoon Coffee: Target Gets Boost from Supply Chain Efficiency, Hyundai Makes Shift to Premium Electric Vehicles

Target Corp. saw its sales at stores open at least a year rise 1.3% in the second quarter and digital sales spring 32% from a year ago. A departure from its previous positioning toward fuel cell technology, Hyundai said Thursday it would place electric vehicles at the center of its product strategy going forward. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: National IPA Forms Omnia Partners, What to Expect from NAFTA Negotiations

The National Intergovernmental Purchasing Alliance announced Wednesday it had formed Omnia Partners, a shared services company dedicated to government, education and the private sector. Delegates from Canada and Mexico are coming to Washington Wednesday to begin discussions for revising the North American Free Trade Agreement. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Target Acquires Grand Junction, Britain Proposes Interim Customs Agreement

Target announced Tuesday it had acquired Grand Junction, a technology firm that Target has previously worked with to expand its same-day delivery capabilities. Britain has proposed setting up an interim customs agreement with the European Union after Brexit. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Riskmethods Forms Partnership with Accenture, Trump Mulls Launching Trade Probe on China

Riskmethods announced recently it has formed a partnership with Accenture to accelerate the delivery of data and consulting on risk management. The Trump administration will determine whether to launch an investigation into if Chinese trade practices are forcing U.S. firms operating in China to turn over intellectual property. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Medium-Duty Electric Trucks About to Hit the Road, Solar Eclipse to Alter Trucking Schedules

California-based startup Chanje is getting ready to sell its first medium-duty electric trucks within the next few weeks. Here’s a supply chain disruption you may not have been prepared for: Several states have adjusted their freight transportation schedules to avoid expected traffic increases during the upcoming solar eclipse. Afternoon Coffee brings you the latest in procurement and supply chain news.

3 Hot Topics Procurement Won’t Be Able to Stop Thinking About Even at the Beach

As we slog through the dog days of summer, many procurement folks are letting their minds wander to more pleasant thoughts — a drink by the beach, a few rounds on the back nine, a moment of peace (however fleeting) without the constant ding of email notifications from a smartphone. And as they pack for a well-deserved vacation, they’ll try leave behind some of those more persistent thoughts and concerns, as well. What has been top of mind for procurement this year, and what has stressed them out to the point where they need to get away from it all for a bit? Here are the top three topics our readers have been sweating over for the last seven months.

Afternoon Coffee: New Details on Tesla’s Electric Semi-Truck, JDI Mulls Partnership to Shore Up Revenue

Tesla's pending long-haul vehicle will be able to drive autonomously and move in “platoons” that follow a leading vehicle. Japan Display is slashing nearly 30% of its global workforce and considering a partnership in China or Taiwan. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: WorkMarket to Acquire OnForce, Belgium Confronts Another Egg Scandal

WorkMarket announced Wednesday that it has acquired OnForce from The Adecco Group for an undisclosed amount. A poisonous insecticide has forced the Belgian government to call an emergency egg meeting, an uncomfortable reawakening of a 1999 egg crisis. Afternoon Coffee brings you the latest in procurement and supply chain news.