General News Content

Commodities Roundup: KORUS to be Revamped, E.U. Calls Section 232 ‘Bluff’

trade

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Afternoon Coffee: Wonolo Raises $13 Million in New Funding, EU Targets Food Waste

Temporary workforce tool Wonolo announced Wednesday it had raised $13 million in a new funding round led by Sequoia Capital. The European Union has enacted new legislation intended to reduce food waste. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: IBM Revenues Up on Blockchain Adoption, Scout RFP Appoints First VP of Marketing

IBM’s quarterly earnings got a boost from what is perhaps the year’s hottest technology: blockchain. E-sourcing provider Scout RFP announced Tuesday it had hired Grant Shirk as its first vice president of marketing. Afternoon Coffee brings you the latest in procurement and supply chain news.

What’s New on the Beeline Technology Horizon: BeelineOne

Beeline Senior Vice President of Strategy Colleen Tiner made two important product announcements at the 2018 Beeline Conference Tuesday, providing a clearer technology roadmap for the company following its merger with IQNavigator. The first announcement concerned the completion of Horizon, Beeline’s name for its new underlying microservices platform. The second covered the development of BeelineOne, a user-facing product that delivers a common set of capabilities from both Beeline and IQN’s platforms.

To learn more about Horizon and BeelineOne, we spoke with the Beeline engineering team to understand what is complete, what is available and what is in the works.

30 Under 30 Supply Chain Star Jordan Haller on Leading ExxonMobil’s Preparatory Procurement Efforts for Hurricane Irma

oil

Jordan Haller knows a thing or two about safety. In 2015, the procurement supervisor at ExxonMobil was named to the National Safety Council’s list of 40 safety leaders under the age of 40 for leading a near loss campaign for his company. And last summer, Haller led ExxonMobil’s preparatory procurement efforts for Hurricane Irma. In the meantime, Haller, who has a bachelor’s degree in supply chain and information systems from Penn State University, also managed to complete an MBA at Louisiana State University. Today, Spend Matters chats with Haller on supply chain disruptions, prioritizing safety and why he expects the internet of things to push supply chain optimization to the next level.

2018 Beeline Conference: CEO Doug Leeby Talks Integration Hurdles, What Lies Ahead

Doug Leeby kicked off the 2018 Beeline Conference Tuesday with a talk on how Beeline has done over the past year and where it is headed. Given our interest in Beeline’s progress post-merger with IQNavigator, Leeby’s talk was very helpful. Compared with past years, Leeby’s keynote was notably more serious, focused on the here and now rather than technology and innovation. Specifically, Leeby emphasized Beeline’s increased “customer focus” — no doubt of critical importance given the typical challenges that come with integrating two companies.

Afternoon Coffee: LawGeex Raises $12 Million in New Funding, Tesla Temporarily Halts Model 3 Production Again

LawGeex, a relatively new vendor in the contract management space, announced Tuesday it had closed a $12 million funding round led by venture capital fund Aleph. Tesla’s beleaguered Model 3 sedan is halting production again this week, this time for four to five days to “improve automation” on the assembly line. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Omnia Partners Purchases U.S. Communities GPO, Argentine Ports Stalled by Sticker Shortage

Omnia Partners, a group purchasing organization (GPO) composed of National IPA, Prime Advantage and Corporate United, announced Monday it had entered an agreement to buy Communities Program Management LLC, the organization that staffs and manages the operations of the U.S. Communities Government Purchasing Alliance. Dangerous weather and labor strikes are not the only issues that can hold up shipments at ports. Sometimes a supply disruption can be caused by something as a simple as a shortage of green stickers. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Xeeva Raises $40 Million in New Funding, Trump Wants Back in TPP

Xeeva announced Thursday it had raised more than $40 million in a funding round led by PeakEquity Partners. One of the first actions President Trump took when he assumed his office was to pull out of the Trans-Pacific Partnership. But over a year later, it looks like he wants back in. Afternoon Coffee brings you the latest in procurement and supply chain news.

Commodities Roundup: LME Copper and Aluminum Fall, U.S. National Average Gas Price Hits 2018 High

For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. From price movements to policy decisions, our MetalMiner editors scour the landscape for what mattered this week.

Afternoon Coffee: EcoVadis Releases Latest Version of Platform, China Digs in on Trade Fight

EcoVadis announced Wednesday the release of EcoVadis 10, the latest edition of its sustainability intelligence platform. China’s Ministry of Commerce reiterated Thursday its resolve to not give into the Trump administration’s demands on trade, saying it would fight unilateralism and trade protectionism “till the very end.” Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Jaggaer Announces Panther Release 18.1, Volkswagen Cancels Contracts with Prevent Group

Jaggaer's most recent updates include expanded support for collaborative contract negotiation; added capability for receipt-based invoicing; and new tools for project management. Following a series of supply problems affecting production in Brazil between 2015 and 2016, Volkswagen announced Tuesday it had cancelled the majority of its contracts with parts and material supplier Prevent Group. Afternoon Coffee brings you the latest in procurement and supply chain news.