Author Archives: Kaitlyn McAvoy



Afternoon Coffee: Mexico Car Production Labor Gets More Expensive, GM Said it Made ‘Mistakes’ in Recall

Labor costs in the auto production industry in Mexico is rising, as more automakers set up shop south of the border and drive up demand for employees. Wages have already grown by double-digit percentages in recent years. And, General Motors CEO Mary Barra testified that the automaker failed to properly address the flawed ignition switch in its vehicles that lead to a major recall and several deaths. Afternoon Coffee brings you the latest in procurement and supply chain news.

Retailers’ Supply Chains Not Prepared for Brexit: Survey

The majority of UK retailers say their supply chains are not prepared for a Brexit and many expect it to have negative impacts on their organization, according to a recent survey conducted by Barclays. Retailers cited supply chain cost increases, import price fluctuations and potential labor shortages as possible ways Britain's departure from the European Union would negatively impact their company.

Afternoon Coffee: Obama Pushes TPP Passage, Tesla Reconsiders Autopilot Language Following Crash

The Obama administration is pushing for Congress to pass the Trans-Pacific Partnership. The U.S. Trade Representative sent Congress a 36-page “statement of administrative action,” detailing how the administration would implement and enforce the trade deal. And, Tesla edited its Chinese website, removing words like “autopilot” and “self-driving,” in what a spokesperson said was a process of “addressing any discrepancies across languages.” Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: IEA Expects Global Oil Oversupply to Ease, US Business Inventories Drop

Global crude oil production is expected to slow down, even lag behind demand by nearly 1 million barrels per day, according to estimates from the International Energy Agency. The Paris-based group said it expects no oversupply of oil during the second half of 2016. And, U.S. business inventories increased 0.2% in June, the Commerce Department reported today. Afternoon Coffee brings you the latest in procurement and supply chain news.

Many Companies Still Struggling with Conflict Mineral Reporting

mining

Nearly two-thirds of the companies that filed conflict mineral reports with the U.S. Securities and Exchange Commission this year did not disclose the country of origin for the tin, tantalum, tungsten and gold (3TG) in their supply chains. According to a new analysis of the 1,216 conflict mineral reports filed for 2015, just 33% of companies identified whether these minerals were sourced from conflict zones in Africa.

Afternoon Coffee: Gartner Announces Top Supply Chain Programs, OPEC Sets Oil Output Record

Gartner announced its list of the top 25 undergraduate supply chain programs in North America, with Pennsylvania State University's program taking the top spot. Michigan State University ranked No.2 and University of Tennessee came in third. And, OPEC members saw record oil output in July, hitting 33.1 million barrels, up 46,000 bpd from June. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: US Intelligence Aims to Prevent Supply Chain Hacking, Target Hires Another Former Amazon Exec

U.S. intelligence officials plan to provide companies with classified reports and other helpful information on possible hacking threats to their supply chains. It’s part of the National Counterintelligence and Security Center's effort to raise awareness of how hackers and foreign governments can steal sensitive information and cause supply chain disruptions. And, Target Corp. has hired another former Amazon.com executive for its supply chain team. Preston Mosier will now serve as Target’s senior vice president of fulfillment operations. Afternoon Coffee brings you the latest in procurement and supply chain news.

What Do Millennial Workers Value Most at Work? (It’s Not Money)

workers

Supply chain and procurement organizations: Want to attract millennials to your team? Worry not so much about salaries and benefits. It’s flexible hours, a solid work-life balance and a job that allows them to advance their career that young professionals most desire. That’s according to a recent survey of 13,000 people aged 15 to 32, conducted by the National Society of High School Scholars.

Afternoon Coffee: Honeywell in Talks to Buy JDA Software, Companies Take Longer to Pay Suppliers in 2015

Honeywell International Inc may possibly acquire supply chain management solutions company JDA Software Group. Honeywell is reportedly in talks about a possible acquisition, shortly after it bought U.S. distribution systems and logistics company Intelligrated Inc. And, a new analysis of the 1,000 largest U.S. companies found days payable outstanding (DPO), a measure in days of how long it takes a firm on average to pay suppliers, increased about 5% in 2015. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: OPEC Members Call for Oil Production Freeze, Wal-Mart to Buy Jet.com

Some members of the Organization of the Petroleum Exporting Countries (OPEC) have called for an oil production freeze at a time when oil supplies are outpacing demand. The news led to increases in oil prices today, with Brent futures trading at $44.87 per barrel, up 1.36%. And, Wal-Mart agreed to buy online retailer Jet.com for approximately $3.3 billion in one of the largest acquisitions of an e-ccomerce company. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Amazon Releases First Prime Cargo Jet, Office Depot Plans to Shut 300 More Stores

Amazon.com released its first “Prime Air” cargo jet to improve delivery time for Prime members’ packages. The plane, called Amazon One, is a Boeing 767-300 and is set to be one of 40 such planes the e-commerce company expects to introduce in the next two years. And, three months after the proposed Office Depot and Staples merger failed to gain regulatory approval, Office Depot said it would close 300 more stores as part of its effort to cut costs and restructure parts of its business. Afternoon Coffee brings you the latest in procurement and supply chain news.

Mobile Offerings Fail to Meet Supply Chain Needs: Survey

Simfoni

The majority of supply chain organizations have a mobile website or a mobile app, yet far fewer supply chain professionals actually use those mobile technologies. A recent survey of supply chain decision-makers on mobile solutions found many respondents do not feel current mobile technologies meet the needs of users and fail to solve critical pain points of the organization.