General News Content

Afternoon Coffee: Tesla Considers Manufacturing in China, RapidRatings Updates Branding to Counter Rising Tide of Risk

Tesla is exploring with Chinese government officials whether it could open a facility there to build electric vehicles for Chinese consumers. RapidRatings, a provider of empirically driven financial health scoring of businesses, announced this week an update to its branding to reflect the “continued trend of investment in risk management technologies across all industries and business areas.” Afternoon Coffee brings you the latest in procurement and supply chain news.

Who are the Employers of Choice for Today’s Procurement Leaders?

As a function, we’ve discussed at great lengths over the past couple of years how procurement has climbed up the corporate ladder to take on a more strategic role in many businesses. Although technology and a changing business landscape have undoubtedly increased the pace of this subtle shift, talented professionals have been the driving force behind it. Also well documented are the difficulties in locating and enticing these gifted individuals. While most companies still find themselves struggling to find the right talent, a select few have sourcing leaders lining up to work for them.

Afternoon Coffee: FusionOps Rebrands as Area Technology, Foxconn to Build Production in 7 States

FusionOps, a business intelligence provider, announced earlier this week it would rebrand as Area Technology and launch a prescriptive analytics software platform for global supply chains. Foxconn, which assembles the iPhone in China, said Thursady it would invest $10 billion or more in seven U.S. states to build facilities that would manufacture flat-panel screens and related equipment. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Scout RFP Releases Contract Management Solution, Ford Chooses China to Build New Focus

E-sourcing provider Scout RFP announced Tuesday a contract management solution as part of its summer 2017 release. Ford’s next-generation small car will be built in China and not Mexico. Afternoon Coffee brings you the latest in procurement and supply chain news.

‘Best of the Best’ 10 Years On: APICS CEO Abe Eshkenazi on the Past, Present and Future of the Procurement Profession

Sales and operations planning hardly seems sexy on paper. Yet as more than 200 cross-functional professionals poured into the grand ballroom of the Chicago Marriott O’Hare for the 10th annual Best of the Best S&OP Conference Thursday, the participants seemed excited to tackle this essential business process, as well as learn from an impressive lineup of senior supply chain leaders. To learn more about the topics the presenters chose to speak on this year, I sat down with APICS CEO Abe Eshkenazi, who provided a fascinating perspective on how the conference has developed over the last decade.

‘Or Accept the Consequences’: Advice for Women in Supply Chain from Dr. Lisa Ellram and Dr. Wendy Tate (Part 2)

In Part 1 of this two-part interview, Dr. Lisa Ellram, distinguished professor of supply chain management at Miami University, and Dr. Wendy Tate, associate professor of supply chain management at the University of Tennessee – Knoxville, talked to me about the challenges that women working in supply chain face and how different professionals they’ve known have dealt with the challenges – from learning how to play golf to taking on extra responsibilities. This second half of the interview covers the difficulty of changing traditional work cultures, the subtlety of modern-day workplace challenges, and advice that the two professors give their female students.

Afternoon Coffee: What Amazon Buying Whole Foods Means for B2B, Brexit Negotiations Begin

In case you missed it, Amazon shook the business world Friday with its announced $13.7 billion acquisition of Whole Foods. Negotiations over the U.K.-E.U. divorce process will begin Monday in Brussels, and the expected results are still anyone’s guess. Afternoon Coffee brings you the latest in procurement and supply chain news.

Overheard on the Quad: What We Learned When Supply Chain Finance Went to University

Michigan State University

Even with the increasing shift in focus to the importance of return on investment for a college education, many young men and women these days pursue a college education to answer foundational questions about themselves. It’s no surprise, accordingly, that so many university mottos include the word “veritas,” a nod to students and professors alike searching for “truth.” Likewise, as our sister site Trade Financing Matters explains, supply chain finance recently went back to school, under the tutelage of Professor David Wuttke of the EBS Business School. His team at EBS, in collaboration with Orbian, has been seeking the truth about trade finance, including a few foundational questions of their own.

Getting Ahead by Playing Golf: Dr. Wendy Tate and Dr. Lisa Ellram on Challenges Faced By Women in Supply Chain (Part 1)

This past spring, I talked to Dr. Wendy Tate, associate professor of supply chain management at the University of Tennessee – Knoxville, to find out why female student enrollment in the university’s supply chain program had been dropping significantly. The conversation eventually led to the topic of both real and perceived weaknesses of female professionals in supply chain. Tate introduced me to Dr. Lisa Ellram, distinguished professor of supply chain management at Miami University. The two of them recently talked to me about the challenges that female professionals in supply chain face and how different women they know have tried to deal with these challenges to varying degrees of success.

5 Quick and Crazy Ideas About What Amazon’s Acquisition of Whole Foods Means for the Intersection of B2B and B2C

amazon

We, like a lot of folks, said “whoa” this morning when reading about Amazon’s announcement that it was buying Whole Foods. It stopped us in our tracks, which is not a surprise. For if we were to dissect our personal household spending, Whole Foods would certainly top our lists, like many other families who can afford it, no doubt. But what’s curious from our vantage point is not what Amazon’s purchase of Whole Foods — if approved by shareholders and if it passes regulatory hurdles — means for our own credit card bills. Rather, we’re keen to see what it means for Amazon Business and the intersection of business and consumer buying.

Legal Recreational Marijuana: How to Manage a Brand New Supply Chain

The relatively recent votes to legalize either medical or recreational marijuana in seven new states during the November 2016 election — California, Maine, Massachusetts, Nevada (recreational); and Arkansas, Florida and North Dakota (medical) — have opened our eyes to the vast opportunities for players on all ends of the supply chain within this young industry.

Afternoon Coffee: World Coal Output Plummets, France Faces Butter Shortage

Global coal production in 2016 declined the most it ever has, as China and the U.S. dug up less of the fuel and burned less of it for electricity. Prices for croissants, brioche and the like are expected to rise quickly if a butter shortage is not soon remedied in France. Afternoon Coffee brings you the latest in procurement and supply chain news.