Author Archives: Kaitlyn McAvoy



Supplier Response Rates Improve in SEC Conflict Mineral Reporting

child labor

More suppliers are responding to information requests regarding conflict mineral sourcing as organizations aim to gain visibility into their supply chain and ensure no tin, tungsten or tantalum is being sourced from conflict zones in the Democratic Republic of the Congo. A new analysis of more than 1,200 U.S. Securities and Exchange Commission filings from 2015 related to conflict minerals reporting shows supplier response rates increased compared with a year earlier.

Afternoon Coffee: Factory Orders Fall in June, Federal Government IoT Spending Rises

U.S. factory orders fell 1.5% in June, dragged down largely by the drop in orders for durable goods, according to data from the Commerce Department. The decline comes after May factory orders fell 1.2%. And, the U.S. federal government reportedly spent $8.8 billion on Internet of Things technology in 2015, 20% more than it did in 2014. Afternoon Coffee brings you the latest in procurement and supply chain news.

Majority of Supply Chain Organizations Plan to Increase Use of IoT

Supply chain organizations are increasingly leveraging the internet of things (IoT) to improve operations and improve customer service. A recent survey of 600 supply chain decision-makers shows a majority of organizations either have or plan to have an IoT strategy in place. The survey was conducted by eft, a business intelligence company service the logistics and supply chain industry. Of the supply chain managers surveyed, 60% worked for logistics providers and the remainder worked for manufacturers or retailers.

APICS Offers New Certification For Professionals In Fast-Growing Logistics Sector

customs bill

APICS recently launched a new certification program: Certified in Logistics, Transportation and Distribution (CLTD) aimed at professionals in the rapidly growing logistics sector. APICS Senior Director of Professional Development Bob Collins (CFPIM, CIRM, CSCP) answered our questions on why the supply chain management professional association decided to create and offer this new program. Below he also shares information on what logistics, transportation and distribution practitioners need to know about the CLTD certification and what qualifications professionals need to partake in it.

Afternoon Coffee: ISM Reports Slower Growth in Service Sector During July, Oil Prices Rebound After Drop in Gasoline Inventories

Growth in the U.S. service sector slowed a bit in July compared to June. The Institute for Supply Management’s nonmanufacturing index came in at 55.5% for July, down from the 56.5% in June. And, oil prices jumped back to above $40 a barrel today, thanks to bigger-than-expected drops in gasoline inventories in the last week. Afternoon Coffee brings you the latest in procurement and supply chain news.

Organizations Want to Improve Supply Payment, But Many Have Complex Manual Processes in Place

Improving and automating the supplier payment process remain top priorities for finance and accounts payable professionals in the year ahead, according to recent research. Tipalti, a provider of automatic supply payment solutions, released the results of its survey aimed at identifying the top supplier payment trends of 2016. It showed 44% of respondents identified streamlining and automating supplier payments as a top business goal for the next 12–18 months.

Afternoon Coffee: AB InBev & SABMiller Expected to Finalize Merger in October, Supply Chain Management Skills Needed in Retail

Anheuser-Busch InBev and SABMiller expect to complete their merger on Oct. 10. The two brewers announced a timeline to finalize the roughly $104 billion deal for the months ahead, which includes British court hearings on Aug. 22 and shareholder meetings Sept. 28. And, logistics and supply chain management knowledge and skills are increasingly in demand in the retail sector. Afternoon Coffee brings you the latest in procurement and supply chain news.

How Different Business Travelers Approach Expense Reports

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Business travelers can end up spending a lot of time filling out expense reports after returning from a business trip. Employees with more experience traveling and more knowledgeable about a company’s travel policies may be able to complete this task quicker than those who travel less frequently. Concur’s new State of Business Travel report details how different types of travelers — from the savvy business traveler to the cautious planner — complete expense reports and how long they take to do so.

Afternoon Coffee: US Manufacturing Sector Continues to Expand, UPS Reports Increase in Q2 Profits

The Institute for Supply Management reported the manufacturing sector expanded in July for the fifth consecutive month. The ISM PMI registered 52.6%, down 0.6% from June, but still showing growth in the sector. And, United Parcel Service also recently reported its second quarter profits rose 3.2% thanks, in part, to e-commerce growth.

Afternoon Coffee: Accel-KKR Finalizes SciQuest Acquisition, APICS Offers New Membership Program

Accel-KKR announced it has completed its acquisition of spend management solution provider SciQuest. The private equity firm bought SciQuest for approximately $509 million. And, supply chain management professional association APICS also recently announced a new membership program that allows members to customize membership to meet specific needs. Afternoon Coffee brings you the latest in procurement and supply chain news.

ICYMI: Best Articles of July

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We’re rounding up our most popular articles from July! During the month, the Spend Matters team continued to look into how the Brexit vote will impact supply chain and procurement organizations, as well as dove into other news that procurement professionals should take note of. From a possible Coupa IPO to rebranding efforts from eBay and global online marketplace HourlyNerd, check out our most-read stories of the month stay on top of the latest supply chain and procurement news of the summer.

Afternoon Coffee: Oracle to Buy NetSuite, DHL Plans Investment in 8 E-Commerce Distribution Centers

Oracle is buying cloud software company NetSuite for $9.3 billion. Oracle Chair Larry Ellison already has a 40% stake in NetSuite’s shares, giving Oracle a leg up against any possible rival bidders of NetSuite. The deal is expected to close this year. And, DHL will invest $137 million to build eight e-commerce distribution centers around the U.S, adding to the 20 distribution centers the German shipping company has around the nation. Afternoon Coffee brings you the latest in procurement and supply chain news.