The Afternoon Coffee Category

Afternoon Coffee: Tesla’s VP of Supply Management Exits, Periscope Holdings Launches Rebuilt BidSync Tool With AI

Liam O’Connor, vice president of global supply management at Tesla, has resigned from the electric car maker, unnamed sources told Bloomberg. Government procurement technology provider Periscope Holdings announced Friday the launch of its rebuilt BidSync, a supplier application that uses machine-learning to “deliver the most relevant, winnable government opportunities for each user.” Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Amazon to Open 3,000 Cashierless Stores by 2021, Apple Simplifies Supply Chain to Favor iPhone XS

Amazon is pushing its brick-and-mortar retail store AmazonGo from concept to a nationwide convenience. As Bloomberg reports, the e-commerce giant is considering a plan to open as many as 3,000 new cashierless stores in the next few years. Apple is letting its sales strategy lead a reprioritization of its supply chain. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Mars Aims to Fix ‘Broken’ Global Supply Chain, North Carolina Ports Delay Reopening

Mars reiterated Wednesday its commitment to changing the way it approaches environmental sustainability, particularly in how the company manages its global supply chain. Two North Carolina ports shut down by Hurricane Florence, the Ports of Wilmington and Morehead City, will remain closed longer than expected. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: U.S. to Impose Another $200 Billion of Tariffs on China, E.U. Investigates ‘Collusion’ Between German Car Manufacturers

President Trump announced Monday the latest escalation in the U.S.-China trade war: new tariffs on $200 billion of Chinese goods and a threat to tax all imports. Volkswagen may not have been alone in its attempts to thwart vehicle emissions tests, according to the European Union’s antirust body. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Trump Warns of Further Tariffs Actions ‘Soon,’ DocuSign Launches Ethereum Integration

President Trump said Monday that countries that do not agree to his trade demands will be “tariffed,” supporting expectations that he will move forward with an additional $200 billion of duties on Chinese goods. DocuSign has launched an integration with the Ethereum blockchain as part of its fall 2018 release. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Bonfire Merging with Govtech Platforms, Walmart Looks South of the Border, More (Sad) Volkswagen News

E-sourcing provider Bonfire is merging with five ‘Govtech’ SaaS/cloud platforms to form a new publicly traded company dedicated to the digital transformation of the public sector. As Hurricane Florence bears down on the Carolinas, the current tariff landscape creeps its way into concerns over higher material costs in the future rebuilding effort. Walmart makes e-commerce moves south of the border; and Volkswagen’s Beetle is no more. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Amazon Business Posts $10 Billion in Sales Over 12 Months, Volkswagen to Mass Produce Parts With 3D Printing

Amazon Business is on track to post sales of more than $10 billion over 12 months this year, underscoring the e-commerce giant’s rapid success breaking into the B2B market. One of the world’s largest car makers is testing technology to cut out the middleman. Volkswagen said Tuesday it would start using HP metal printing technology to manufacture car parts including gear knobs and custom tailgate lettering. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Auto Companies Prepare for Production Losses from Hurricane Florence, Aquiire Awarded Fourth E-Procurement Patent

Multiple automotive companies are bracing for production stops ahead of Hurricane Florence. Aquiire, a provider of e-procurement software, announced Wednesday it had been awarded a fourth patent for “innovations in electronic procurement” by the U.S. Patent and Trademark Office. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Essendant Pursues Acquisition Deal with Staples, Field Nation Launches Total Workforce Management Solution

Office supply company Essendant announced Monday it would end its agreement to merge with Genuine Parts Co. and instead pursue a deal with Staples. Field Nation announced Monday the launch of Field Nation ONE, a platform for “sourcing, engaging and managing a company's on-site and on-demand workforce." Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Hurricane Florence Upgraded to Category 4 Storm, Lego to Manufacture Plastic from Sugar

The U.S. East Coast is preparing for one of the strongest hurricanes it has seen in decades, as the National Weather Service upgraded Hurricane Florence to a category 4 storm Monday. Lego is making progress toward its goal to produce all of its connecting bricks using sustainable materials by 2030. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Upwork Files for IPO, Ivalua Announces Platform Release 160

Upwork, the global online freelancer marketplace and managed solution business (Upwork Enterprise), has filed a Form S-1 with the Securities and Exchange Commission for an initial public offering. Suite provider Ivalua announced Thursday the general availability of its Platform Release 160, which offers updates across the source-to-pay process, with an emphasis on direct materials sourcing and procurement, contract management and procure-to-pay. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Scout RFP Appoints New CRO and CTO, Kira Systems Receives $50 Million Series A

Scout RFP, a provider of e-sourcing software, announced Wednesday it added two new members to its executive team. Contract analytics software vendor Kira Systems announced Wednesday it had received a $50 million minority investment from Insight Venture Partners. Afternoon Coffee brings you the latest in procurement and supply chain news.