Author Archives: Nick Heinzmann



Afternoon Coffee: Trump Administration Losing Patience Over NAFTA Talks, Synova Capital Backs Buyout of Mintec

A lack of breakthroughs on American proposals for how to amend the North American Free Trade Agreement (NAFTA) is testing the patience of the Trump administration. Synova Capital announced Tuesday it supports a management buyout of pricing and market intelligence-provider Mintec. Afternoon Coffee brings you the latest in procurement and supply chain news.

A Primer on Labor Clouds: Everything Procurement Needs To Know

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Procurement needs to know the world of work is changing — fast. In 2017, many companies have gone beyond experimentation to actually adopting on-demand labor models and platforms for sourcing and engaging specialized knowledge workers. Companies as diverse as Walgreens, The New York Times, P&G, Walmart and Nokia are moving forward with the digital transformation of their workforce. But just as companies are changing their approach to contingent workforce management, the talent landscape is changing, too. As the market for specialized talent becomes increasingly fragmented, companies are looking for new ways to integrate this talent into their total workforce. That's where the concept of a labor cloud comes in.

Afternoon Coffee: Maersk and IBM Partner on Blockchain Venture, Ferrero Buys Nestle’s US Candy Business

Maersk and IBM announced Tuesday the companies had formed a joint venture to “create a more efficient and secure platform for organizing global trade using blockchain technology. Italian confectioner Ferroro has acquired Nestle’s US candy business for $2.8 billion in cash. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Tipalti Launches Payables Automation Partner Program, USDA Allows Pork Imports from Mexico

Payables automation provider Tipalti announced Tuesday the launch of its partner program, which will offer accounting firms, financial institutions, system integrators, ERP resellers/VARs, consultants, and partners who work with in-house finance organizations the ability to use Tipalti’s solution. The US Department of Agriculture has finalized a regulation that will allow Mexican states to export pork to the US. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: GM Plays Chicken on Border Tax, Airbus A380 May End Production

President Trump’s threats to withdraw from the North American Free Trade Agreement (NAFTA) is ruffling the feathers of automakers, which are eyeing the possibility of a 25% tariff at the border should the industry-termed “chicken tax” be reinstated. Airbus announced Monday it may have to end production for its superjumbo A380 if the plane’s only major customer, Emirates, did not order more. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Apple Suppliers Drive Record Taiwan Tech Revenue, Japan Confirms Bird Flu Outbreak has Affected Livestock

Apple’s Taiwanese suppliers recorded all-time high revenues in December, with combined sales coming in at a 20% year-over-year gain. Japanese officials confirmed Thursday an outbreak of a highly pathogenic bird flu in the country’s western Kagawa prefecture. Afternoon Coffee brings you the latest in procurement and supply chain news.

Procurement in 2018: Guidance and Predictions from an Industry Veteran

Where is procurement going in 2018? While it would be easy to fall into the perennial trap of describing long-term trends as the next big thing, thankfully there are saner heads that can guide us into this new year with sound advice in addition to modest predictions. Procurement veteran Peter Smith is one those people. Over on our sister site Spend Matters UK/Europe, he has offered practitioners some simple (but important) reminders to consider in 2018, as well as a forecast for how events in the procurement technology market could play out.

Afternoon Coffee: Toyota and Mazda Select Alabama for New Factory, Myanmar Approves Wage Hike for Garment Workers

Toyota and Mazda’s previously announced joint car factory, worth $1.6 billion, will be built in Alabama. Myanmar’s government has raised the minimum wage for workers by 33% this year, likely raising sourcing costs for organizations that rely on the country. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Barry Padgett Appointed as New SAP Ariba President, Whole Foods Places New Limitations on Suppliers

SAP announced two leadership changes Thursday, with Alex Atzberger moving to president of SAP Hybris and Barry Padgett taking over the helm at SAP Ariba. Whole Foods laid out in an email to suppliers new limitations on products are sold in its stores that ask suppliers to help pay for the changes. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Oil Tanker Collision Threatens Chinese Coast, Duty Dispute Stalls Solar Supply Chain

An Iranian oil tanker collided with a Hong Kong-registered cargo ship in the East China Sea over the weekend, leaking poisonous gases and risking a deadly explosion. A dispute over the classification of solar modules and their import tax has stalled the shipment of $150 million worth of the products at various Indian ports. Afternoon Coffee brings you the latest in procurement and supply chain news.