Afternoon Coffee: Supply Chain Efficiencies Boost Target’s Earnings, Honda Recalls 1.2 Million Accords

After a rough year in the stock market, Target had some good news to share with investors. Target gave Thursday what the Wall Street Journal called a “rosy earnings outlook, citing tax benefits from its supply-chain operations.”

Honda Recall

Faulty battery sensors that can short and catch fire are forcing Honda to recall 1.2 million Accord midsize cars, Global News reports. The recall will cover Accords from the 2013 to 2016 model years. All of the reported fires are apparently connected to salt used to clean road in winter. 

India’s Emerging Cold Chain 

India may be one of the world’s biggest consumers and exporters of seafood, but lack of reliable domestic infrastructure to transport perishable goods meant that Indians have all this time been primarily eating fresh fish.

Now that’s starting to change. As Quartz reports, India’s rapidly improving cold-chain transport infrastructure is for the first time making packaged processed fish and seafood available inland and to a larger population than ever before.

Jaggaer’s Record Year 

And finally, news from the solution provider sphere: source-to-pay (S2P) provider Jaggaer announced earlier this week it increased its customer base by 60% in the first half of 2017, bringing its total customer base to more than 900 in the US, E.U., U.K. and Asia, according to a press release.

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