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Afternoon Coffee: Cost reduction & tech hinder procurement firms; Renewable energy consumption overtakes coal in U.S.; TradeLends integrates DP World

A survey has found that firms focused on cost reduction are hindered by geographic and time zone gaps, as well as a need to invest in collaborative technologies. In other news, renewable energy consumption has overtaken coal in the U.S. for the first time. Also, the logistics provider DP World has integrated with AP Moller-Maesrk's TradeLens platform to help both companies' customers. Afternoon Coffee brings you the latest in procurement and supply chain news.