L2 Content

Commodities Roundup: KORUS to be Revamped, E.U. Calls Section 232 ‘Bluff’

trade

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.

From Talent to Category Management: 4 Critical Development Areas for Procurement

Cybersecurity and access to critical talent are the top worries on CPOs’ minds, according to a Hackett Group report, The CPO Agenda: Expanding Procurement’s Influence Through Change and Innovation. The importance of cybersecurity is compounded by the EU’s Global Data Protection Regulation (GDPR), which goes into effect May 25. In addition, cybersecurity and access to critical talent are also expected to be “high risk” in the near future by three quarters of procurement professionals who took part in The Hackett Group’s annual Key Issues Study.

What’s New on the Beeline Technology Horizon: BeelineOne

Beeline Senior Vice President of Strategy Colleen Tiner made two important product announcements at the 2018 Beeline Conference Tuesday, providing a clearer technology roadmap for the company following its merger with IQNavigator. The first announcement concerned the completion of Horizon, Beeline’s name for its new underlying microservices platform. The second covered the development of BeelineOne, a user-facing product that delivers a common set of capabilities from both Beeline and IQN’s platforms.

To learn more about Horizon and BeelineOne, we spoke with the Beeline engineering team to understand what is complete, what is available and what is in the works.

Manufacturers Are Moving Toward Digital Supply Networks, Despite Barriers

Manufacturers are becoming increasingly aware of the benefits digital supply networks offer, but implementation of the technology still lags, according to a new study conducted by Deloitte and the Manufacturers Alliance for Productivity and Innovation (MAPI). In contrast to a traditional supply chain, a digital supply network is a “flexible, interconnected matrix that allows data and information to move non-linearly to maximize efficiency to meet changing consumer and market demands,” the study authors write.

The 2018 Beeline Conference: What Lies Ahead in a Changing World of Work

The 2018 Beeline Conference kicks off Monday in Amelia Island, Florida, the company’s second annual event since its merger with IQNavigator in December 2016. The conference will provide a good opportunity to review Beeline’s technology and product strategies, to be sure, but we at Spend Matters are also interested in the broader picture. In particular, we are eager to gauge Beeline’s progress as it evolves from simply a vendor management system (VMS) to something much bigger. 

Commodities Roundup: LME Copper and Aluminum Fall, U.S. National Average Gas Price Hits 2018 High

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.

How to Fix the Services Procurement Machine: A New Operating Model for Procurement and its Stakeholders

Spend Matters welcomes this contributed content from Stefan Zorn, vice president of customer success at Globality

The services procurement machine is broken, that much is certain. In the sourcing of high-value, complex services, cost consciousness has dominated where quality should have lead. Compulsive risk avoidance has allowed larger suppliers to capture the services market, excluding expert small and mid-sized providers from the selection process. But these misplaced priorities are far from the only reason for malfunction. The machine also broke because it hasn’t kept up with the rapidly changing, real-time global economy.

For 30 Under 30 Supply Chain Star Tanner Ryan, Culture and Geopolitics Make Supply Chain a “Forever-Changing Puzzle”

Among the common characteristics of the 30 Under 30 Rising Supply Chain Stars are an international mindset and an interest in giving back to the community — two traits that certainly apply to Tanner Ryan. His supply chain career has taken him around the world and back to his native Colorado, where he now works as a Rocky Mountain Region trucking coordinator for Shell. In this Q&A, we chat with Ryan about his career accomplishments and challenges, his experience working in China as a teenager, the disruptive potential of autonomous transportation, and, last but not least, beer.

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5 Ways to Turn Your CFO’s Hate to Love

Imagine your typical CFO and CPO as a couple on Facebook. What do you think would their relationship status be? In my role at Sievo, I get to meet many leadership teams, and I find surprising similarities in boardroom dynamics. In Facebook terms, I would describe the typical relationship between a CFO and a CPO as “it’s complicated,” although I’ve come across some true “hate-hate” relationships, too. To put a positive spin on things, an emotionally charged relationship comes with some powerful energy to work with. No CFO-CPO relationship is completely unrepairable. It can take considerable time and effort, but it is all worth it.

Cocoa Prices Shoot Up Almost 40%

Spend Matters welcomes this guest post from Corrina Hutchings, senior market analyst at Mintec. 

Chocolate is generally a hot topic, and with only a couple of months between Christmas, Valentine’s Day and Easter, homes across the U.S. are likely to have stockpiles. Since the start of 2018, the price of cocoa beans has been increasing rapidly and does not look like it will settle soon. Prices on the ICE NY US are up 39% since the start of 2018 and 25% year-over-year, close to those prices seen throughout 2015/2016

Commodities Roundup: DRC Rips Up 2002 Mining Charter, Neodymium Market Falling Short of Demand

mining

For the buyers and category managers out there, especially those 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.

Walmart is Scaring U.S. Healthcare Providers — For all the Right Reasons

Although he surely wasn’t the first to point it out, Warren Buffett grabbed the market’s attention when he described healthcare as a “tapeworm on the U.S. economy.” In fact, his voice carried enough weight to trigger a stock market selloff. Interestingly, not even Walmart’s actions, along with those of other major retailers, have garnered similar attention. Combined, they have quietly opened thousands of healthcare clinics for the past several years. But unlike CVS, Rite Aid, Kroger and other pharmacy and grocery chains, Walmart has effectively positioned itself as a true primary care provider, capable even of treating patients with chronic diseases.