Afternoon Coffee: Scout RFP Releases Supplier Performance Management Module, Smartphone Production Cuts Hurting Parts Suppliers

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E-sourcing provider Scout RFP announced Tuesday the addition of supplier performance management (SPM) to its platform, according to a press release. The new SPM module “facilitates proactive analysis of business impact and historical tracking of supplier performance via streamlined collaboration between sourcing teams, business stakeholders and suppliers,” the company said.

Smartphone Squeeze 

Disappointing sales of Apple’s iPhone X have caused the company to curtail production of the high-end smartphone, hitting the earnings of parts suppliers who have bet on electronics for the devices, according to Nikkei Asian Review. Makers of OLED panels are feeling the most pain, as other suppliers such as memory chip manufacturers are still riding generally high demand for mid-tier smartphones.

Poor Visibility 

According to a new report from Geodis, only 6% of companies believe they've achieved full supply chain visibility, Supply Chain Dive reports. A majority of the companies surveyed, however, still cited supply chain visibility as a top priority for their firms, naming it a competitive advantage.

Steel Warnings 

And finally, a trade update: The European Union would introduce counter-measures against the U.S. if the Trump administration raises import tariffs on steel and aluminum, Reuters reports. The announcement follows the Commerce Department’s Section 232 recommendations to the president, which argue for tariffs on the metals on national security grounds.

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