Afternoon Coffee: U.S. to urge Japan, South Korea to end trade spat; Healthcare supply chain inefficiencies cut into profit

U.S. Secretary of State Michael Pompeo said he would ask two feuding U.S. allies, Japan and South Korea, to ease the trade tensions between them during meetings with his Japanese and South Korean counterparts. Pompeo was speaking to reporters while on his way to an Asian regional meeting. The Trump administration had said a few days ago that it would urge both countries to reach a “standstill agreement,” according to a Bloomberg report.

Vegan burger maker partners with – wait for it – a major meat supplier

Impossible Food is now well known globally as a plant-based burger maker. According to Reuters, it recently announced that it was partnering with major meat supplier OSI Group, a well-known producer of meat patties for QSRs. The new arrangement will have both investing in OSI facilities to produce the plant-based burger patties. Later, multiple facilities in the Chicago area will start supplying Burger King and eventually others, reports Reuters.

Healthcare supply chain inefficiencies leading to erosion of profit: SpendEdge

Supply chain inefficiencies have been hitting profit margins of U.S. healthcare organizations. A new study by SpendEdge said Medicare and Medicaid reforms and labor were consuming one-third of the budget and creating the need for potent supply chain strategies. That's why companies needed to consider supply chains as a strategic source to boost profit.

Shippers can get instant quotes thanks to DB Schenker

A new connect 4.0 shipping platform launched by DB Schenker will allow shippers to get instant online quotes for all transportation segments, the company announced in a press release emailed to Supply Chain Dive. Quotes for ocean or air freight, booking transportation and tracking shipments from pickup to delivery will be available.

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.