Source One News and Insights – April 2019

– SOURCE ONE NEWS –

New Guide for Building a World-Class Procurement Organization

Source One’s latest whitepaper series offers readers a pillar-by-pillar guide for optimizing the Procurement function. Looking at everything from training programs to Procurement’s role within the organization. The contributors look forward to sharing their insights and empowering professionals to take the next steps toward transforming Procurement and entering its next strategic era.

Corcentric Recognized as Procurement Provider to Know

Corcentric has earned a spot on Spend Matter’s list of 50 Procurement Providers to Know. Each year, the list recognizes the technology providers and consulting firms that are working to drive Procurement forward. Corcentric is recognized for a number of major initiatives including its recent acquisition of Source-to-Pay provider Determine, Inc.

– SUPPLY CHAIN INSIGHTS –

Target’s New Climate Goals Include Reductions in Supplier Emissions

Consumers want their preferred brands to embody a commitment to sustainability and provide consistent transparency. More and more this means it’s no longer sufficient for businesses to police their own supply chains. True leaders are asking their suppliers to join them. Target, for example, is asking suppliers to reduce emissions by 30% by 2030.

McDonald’s Looks to Decision Technology for Supply Chain Optimization

McDonald’s built its brand on quick service and efficiency. With the recent purchase of a decision technology company, the fast food giant is looking to take its speedy operations to a new level. Leveraging predictive AI, they hope to provide a more personalized customer experience. The technology will predict orders based on traffic, weather, and other criteria.

Avocado Supply Could Shrivel in Event of a Border Closure

Mexico is one of America’s most essential international trading partners. Issues at the border, however, could soon threaten the relationship. Should President Trump elect to close the U.S.-Mexico border, avocado imports could take a particularly huge hit. Experts predict supplies could dwindle entirely within a matter of weeks.