Author Archives: Nick Heinzmann



Afternoon Coffee: Puerto Rico to Feel Toll of Hurricane Maria for Months, HPE Slashes Workforce in Pursuit of Agility

Hurricane Maria slammed into Puerto Rico two days ago but its effects could be felt for quite some time. Meanwhile, the effects of Hurricane Harvey, which struck Houston nearly a month ago, are still playing out in oil markets. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Mexico Reels After Deadly Quake, Toys R Us Tries to Assure Suppliers Amid Bankruptcy Filing

More than 200 people were killed in Mexico Tuesday after a deadly earthquake struck the area around the capital city. Toy retailer Toys R Us officially filed for bankruptcy protection Tuesday, ending weeks of uncertainty for toy companies. Afternoon Coffee brings you the latest in procurement and supply chain news.

How Applying an Ecosystem Approach Can Spur Contingent Workforce Innovation

There are numerous factors today that have led many procurement professionals to view non-employee workers as just another resource delivered through a supply chain. Both buyers and suppliers of work contract with each other for specified outputs, with projects and cash moving in a transactional manner. While this can keep work on track and costs contained, such an approach leaves little room for innovation — a competitive necessity in today’s digital economy. The answer to this disconnect is to reconceive contingent workforce programs as contingent workforce ecosystems.

Afternoon Coffee: Caribbean Braces for Hurricane Maria, Ford Partners to Expand in India

As this year’s historic hurricane season marches forward, the Caribbean is bracing for another blow, this time from Hurricane Maria. Ford announced Monday it is forming a three-year partnership with Mahindra & Mahindra to “explore potential areas of collaboration on new technologies and retail sales.” Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: GM SUV Plant Faces Strike, Icertis Launches Sourcing Application

General Motors has failed to reach an agreement with a Canadian union on a new contract, leading its members to strike. Contract management provider Icertis announced Monday it is launching a new application for sourcing, Icertis Contract Management (ICM) Sourcing. Afternoon Coffee brings you the latest in procurement and supply chain news.

How AI Will Help Procurement Advance Analytics Beyond Basic Spend Analysis

Leading procurement organizations today don’t just measure what they spent. They push their definition of spend analytics to encompass their total value contribution to the business, taking advantage of both conventional and newly accessible data sources to enable true supply analytics. How have they done this? While strong leadership and evolving best practices have played an important role, the simple answer is that analytics technology has finally advanced to the point where it can enable a supply analytics strategy. Key to this evolution is the rise of artificial intelligence within the enterprise.

Afternoon Coffee: Why Sand is Becoming a Competitive Commodity, Tesla to Reveal Semi-Truck in October

West Texas has been for decades known for its vast oil reserves. But these days another commodity is attracting potential suppliers: sand. After months of rumors, Tesla announced this week it is tentatively set to reveal its electric semi-truck in October. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Managing Wellbeing in the Global Supply Chain, Amazon Plans for Expansion in Mexico

Multinational companies are finding it increasingly difficult to ensure the health and wellbeing of staff in their ever-growing global supply chains. Amazon is boosting its presence in Mexico by opening a 1 million square-foot warehouse near Mexico City. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: ISM and Thomasnet.com Open Nominations for Fourth 30 Under 30 Program, Toshiba Mulls Sale of Chips Unit

The Institute for Supply Management and Thomasnet.com announced Tuesday they are seeking nominations for the fourth annual "30 Under 30 Rising Supply Chain Stars Recognition Program." Toshiba said Wednesday it is considering selling its chips unit to Bain Capital alongside chipmaker SK Hynix. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: What to Expect from iPhone 8 Event, Aquiire Purchases Rights to Technologies from Zakta

Apple is holding the 10th anniversary event for the iPhone Tuesday, at which it is expected to unveil the latest version of the flagship smartphone. Aquiire announced Tuesday it has purchased the rights to machine learning and collaborative search technologies from Cinncinati-based Zakta. Afternoon Coffee brings you the latest in procurement and supply chain news.

Updating Risk Management for the 21st Century: One CPO’s Approach

Deloitte Global CPO Survey 2016

When the financial crisis struck, in 2008, Ron Wilson learned fast that his company’s approach to managing risk had become obsolete. As chief procurement officer at Wilbur Curtis, Wilson intimately knew the ups and downs of managing a global supply chain. But when it came to risk, the Montebello, California-based manufacturer saw him as the point man — and that was it. The aftermath of the Great Recession made that impossible.