L2 Content

How Automatable are Procurement and Supply Chain Jobs?

robot

Last Tuesday, President Donald Trump signed an executive order to review the H-1B visa program, which brings 85,000 highly skilled foreign workers to the U.S. every year. The executive order was long coming. Critics of the current program argue that since workers under the H-1B visa cannot leave for another employer without starting the visa process over again, employers can give them lower wages than what American workers would receive. But what about the robots?

Week in Metals: New Steel Imports Probe Will Be Based on National Security

Chinese demand

Another investigation and analysis of cheap steel imports coming to the U.S. was ordered yesterday by President Donald Trump. The Commerce Department will recommend to Trump whether or not to invoke Section 232 of the Trade Expansion Act of 1962, an action that would treat dumped steel imports as a threat to national security. The Week in Metals brings you the latest in procurement and supply chain news from our sister site MetalMiner.

Breaking Down the Latest Sustainability Reports: Shell, General Mills, H&M and More

sustainability

It’s spring, and ‘tis the season for sustainability and corporate social responsibility reports. As there’s been a glut of them out lately, with the majority running dangerously close to novella-length, Spend Matters read them so that you don’t have to. Here’s a roundup of the latest reports, plus the best, fanciest chart they had to offer.

2 Strategic Ways to Improve Supplier Relationship Management

suppliers

Spend Matters welcomes this guest post from Dr. Muddassir Ahmed, divisional supply chain manager at Eaton.

Whether we like it or not, whether we want to say that out loud or not, buyers and suppliers primarily indulge in exchange relationships in order to satisfy their desire for money and to benefit their businesses or organizations. So when buyers and suppliers think about supplier relationship management or ways in which they conduct exchange relationships, they must focus on a share of value appropriated by both sides in the relationship.

Jaggaer Beyond the Rebrand: Building an Integrated Procurement Suite and Industry-Specific Capabilities

Earlier in the year, Jaggaer (formerly SciQuest) announced a new release Gazelle (17.1), which marked the largest set of enhancements to the solution set since Accel KKR’s acquisition of the company and the subsequent changing of the product development and management guard at the vendor. While the Spend Matters team is looking forward to getting a full deep dive of the latest product releases as part of our SolutionMapSM efforts in the coming weeks, we recently spent time with Jaggaer to understand some of the product philosophies and investments the new team is embracing, as well as to take a cursory look at some of the suite's new capabilities and new stack-level investments

ICYMI: The Role of Platforms in Sourcing and Engaging Business Talent

VMS

In a recent post, Spend Matters’ Andrew Karpie explored the role of digital platforms in sourcing and engaging highly skilled (and often scarce) business talent. In his article on the topic, Karpie explained that many procurement and HR professionals have not yet come into contact with such technologies in the workplace, despite their growing ubiquity in the global economy.

Conflict Minerals Update: Perspectives on the SEC’S Latest Move

mining

Last Friday, the U.S. Securities and Exchange Commission announced that it is scaling back the more costly parts of its conflict minerals rule. As indicated in Section 1502 of the Dodd-Frank Act, companies are required to disclose whether their products contain tin, tungsten, tantalum and gold (3TG) sourced from the eastern regions of the Democratic Republic of Congo, where large shares of mining profits go to various armed rebel groups.

Outsourcing Flights: Was the United Airlines Fiasco Also a Supplier Management Mishap?

People have pointed fingers at United for pulling passengers off after they have boarded; at the security officers who didn’t think it inappropriate to drag a 69-year-old man by his hands; at the passenger himself for not complying with airline policy — but who reads those policies when booking tickets, anyway? But our question is this: How much of the blame also goes to Republic Airline, the regional partner that operated the flight?

Commodity Price Uncertainty is the No. 1 Concern for Global Energy Leaders, New Report Finds

wind power

New technologies such as renewable energies and energy efficiency rank high in impact on priorities for global energy leaders, according to the World Energy Council’s eighth and latest annual report, The World Energy Issues Monitor 2017: Exposing the New Energy Realities. The report surveyed more than 1,200 energy leaders (CEOs, ministers, experts) in 95 countries on the issues that keep them “up at night.” One of the biggest, as shown in the upper right quadrant of the chart below, is commodity prices.

Attention Supply Chain Interns: 3 Pieces of Career Advice from “30 Under 30” Winner Kiara Conde

Today’s spotlight is on Kiara Conde, a transformation analyst at Shell who started as an intern at the company in 2012. Five years later, Conde is a campus ambassador to her alma mater, the University of Houston, and the co-founder of an internship program. What helped her nomination stand out in this year’s “30 Under 30” competition, however, was when she took advantage of historically low oil prices to deliver millions of dollars in bottom-line savings for Shell. Conde shared her thoughts with Spend Matters on having a work-life balance, millennials in the workforce and — attention, interns — three pieces of work advice for young professionals who want to stand out from the crowd.

Procurement’s Role in the Enterprise Working Capital Mandate

With a heightened awareness over how a supplier ecosystem affects a company’s balance sheet, implementing working capital programs is increasingly part of the procurement and supply chain organizations' responsibilities, in addition to the traditional worlds of treasury and finance. The ever constant pressure to find “cash” in an organization is now commonplace as the days of cash-rich businesses having excess cash or access to cheap bank sources of funding are all but over.

Combine that with technology and macroeconomic trends that have affected many business processes, including supply chain flows — and more so than ever, companies must find ways to work out supply chain finance programs between departments and outside the organization.

The Week in Metals: China Hongqiao May be the Canary in Chinese Aluminum’s Coal Mine

steel

The largest aluminum producer in the People’s Republic, China Hongqiao, suddenly finds itself on the hot seat. China’s traditionally opaque reporting structure has allowed some firms to present their results in a less-than-honest way, and auditor Ernst & Young has flagged its client as needing more review. The Week in Metals brings you the latest in procurement and supply chain news from our sister site MetalMiner.