The world’s second-largest copper mine, the Grasberg open pit mine, in Indonesia, sits idle as its operator, Arizona-based Freeport-McMoran, and the government of Indonesia squabble over permitting issues. President Donald Trump’s administration is mulling changes to how the U.S. calculates trade deficits. The Week in Metals brings you the latest procurement and supply chain news from our sister site MetalMiner.
The Supply Chain Category
Spend Matters welcomes this sponsored article from Mark Morley, director of strategic product marketing at OpenText.
Over the past decade, CIOs around the world have been mainly focused on deploying complex IT projects such as ERP and CRM environments. These projects have high visibility with corporate boards as they are high budget, high in resource requirements and high in expectations.
Things have changed considerably today, as CIOs wrestle with new types of networks; new disruptive technologies such as wearable devices, 3D printers, advanced robotics, drone based services and the Internet of Things (IoT); and new types of structured and unstructured information coming off of these devices. The digital world is certainly becoming more complex.
It’s been a difficult few years for Nutella, that delicious chocolate hazelnut spread made by Ferrero. First, it was linked to the loss of critical natural habitat for orangutans, due to one controversial ingredient: palm oil. Then, more recently, dramatic headlines claimed Nutella consumption have bigger health implications than ingesting all that sugar. “Could Nutella give you CANCER?” screamed the Daily Mail. And that was also due to one controversial ingredient: palm oil.
The Amazon Go story isn’t really about retail, but rather about the broader supply chain. Amazon finally topped the leaderboard on the Gartner supply chain rankings last year — and not just because of its role in retail, but because of its broader supply chain and digital capabilities. These capabilities have been built methodically and also incrementally. The capabilities then help “unlock” value down the road.
What began as an investigation of whether procurement has been good or bad this year turned into whether this year as been good or bad to procurement. After all, is Brexit (and its accompanying unknown consequences and risks) really procurement’s fault, for example? Or earthquakes? Or dead cows? Of course not, but recurring supply chain scandals are no good – not that cheerier things haven’t happened this year. Read on for a recap.
In a recent PRO analysis, Jason Busch, founder and head of strategy at Spend Matters, and Lisa Reisman, director of research and executive editor at sister site MetalMiner, explored what impact the Trump presidency will have in procurement — more specifically, on infrastructure, the greenback and more. Join Jason and Marco H. de Vries, of OpenText Business Network, tomorrow at 10 a.m. CST for a webinar on everything you need to know to prepare yourself and your suppliers for the oncoming Trump presidency.
There’s been a lot of hoopla on Amazon Go, Amazon’s foray into brick-and-mortar retailing, especially due to its recent video commercial. The online giant is experimenting with some highly automated small format grocery stores that add up to a promised near-frictionless experience for consumers to just swipe into the store, grab what they want and walk out with waiting in line or self-scanning items at a checkout counter. What could possibly go wrong? Well, lots of things, actually
President-elect Donald Trump's campaign featured plenty of rhetoric, but how can you separate that from what procurement and the supply chain will actually experience beginning Jan. 20? Join Jason Busch, founder and head of strategy at Spend Matters, and Marco H. de Vries, senior director, product marketing at OpenText Business Network, on Tuesday, Dec. 13, at 10 a.m. CST, for Trade, Environment and Economic Policies in 2017: Is Procurement Ready?
News of the Trump presidency was arguably the largest trade (and policy) shot heard round the world in decades. Earlier this week, we discussed a range of issues that can potentially affect the broader economy –– not to mention procurement and supply chain organizations and, in particular, manufacturing. Yet two additional areas warrant additional study, not as standalone policies per se (at least for one of the two areas) but in situ conditions arising from a Trump presidency: infrastructure spending and the U.S. dollar.
In addition to the previous considerations explored in Part 1, our analysis considers these additional items in the context of three concrete procurement tactics organizations can take: improving their capability to support total cost modeling/landed cost models; investing in supply chain risk visibility; and approaching commodity strategy and commodity management in new ways. This Spend Matters PRO analysis provides key analysis, talking points and actions steps for procurement and supply chain organizations to understand the impact of a Trump presidency on their firms and where they can start 2017 from a position of knowledge. It also offers recommendations for technology areas and technology vendors for consideration given these broader issues, including direct procurement technology suites, commodity management solutions, supplier network/connectivity solutions (direct spend), analytics, and supplier and supply chain risk management.
Spend Matters welcomes this sponsored article from OpenText.
Many companies today are beginning their journey to transform into a digital business. But implementing a digital transformation strategy does not happen overnight, and you can’t just focus on the internal enterprise. You have to consider how to deploy a digital strategy across external stakeholders, as well.
Amazon Business has touched down in Germany. The B2B giant announced Tuesday that Amazon Business would be available in the Central European country for firms of all sizes that sign up for a free account. Spend Matters recently spoke with Amazon to get the details of the German launch.
The election of Donald Trump will undoubtedly have an unexpected impact on the domestic and international procurement, supply chain and trade communities. Perhaps the even bigger surprise will be in how much of the grassroots rhetoric from the campaign actually becomes reality in 2017 when President-elect Trump takes office. Reversing previous executive orders and issuing new ones, as opposed to pursuing a legislative approach to change, is a faster route to creating shorter-term impact, but also potentially less effective in the long term.
This Spend Matters PRO analysis provides an overview of some of the most important trade, policy and commodity inputs to what a Trump Presidency may bring. It provides a procurement and supply chain perspective on likely changes that we need to be aware of as practitioners, as well as select wild cards that are important for consideration. The second installment of the series will also include suggested strategies, tactics and technologies that organizations can deploy to minimize business risk and disruption moving into this expected area of change.