Supplier Relationship Management: 2018 Current State (Infographic)

APQC and Supply Chain Management Review collected information from 128 supply chain professionals about their current state of supplier relationship management in October 2018.

Supplier relationship management (SRM) is the final phase of a buying organization’s procurement process. SRM aims at managing third party organizations that supply goods and/or services (“suppliers”) in order to ensure their compliance with previously negotiated contractual terms, service levels, and performance objectives.

https://ift.tt/2pYylTF support@endlesssupplies.biz (Endless Supplies .Biz) October 18, 2018 at 01:02PM

FDA snubs Novartis bid to repurpose inflammation drug for heart attacks

The U.S. Food and Drug Administration has rejected Novartis's bid to repurpose a drug now approved for rare inflammatory diseases to be used in a group of heart attack survivors, the Swiss drugmaker said on Thursday.

https://ift.tt/2NOtvlg support@endlesssupplies.biz (Endless Supplies .Biz) October 18, 2018 at 01:03PM

Jim Mattis, Meeting His Chinese Counterpart, Tries to Ease Tensions

Defense Secretary Jim Mattis and Defense Minister Wei Fenghe of China met for an hour and a half in Singapore on Thursday, as Washington and Beijing seem to be lurching from one crisis to the next. https://ift.tt/2q09EX1 support@endlesssupplies.biz (Endless Supplies .Biz) October 18, 2018 at 01:00PM

UPDATE 2-Starbucks to let Mexico's Alsea operate stores in four European markets

Starbucks Corp said on Thursday it would give its longtime partner Mexico's Alsea SAB the rights to operate its cafes in France, the Netherlands, Belgium and Luxembourg as the coffee chain tries to streamline its operations in markets where sales have struggled.

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UPDATE 2-Tanzania charges Acacia subsidiaries with tax evasion, corruption

Tanzanian authorities have charged three of Acacia Mining's local subsidiaries, an employee and a former staffer for money laundering and tax evasion, the gold miner said on Wednesday.

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UPDATE 3-Blackstone waves off concerns over Saudi funding

Blackstone Group LP, the U.S. buyout firm which is relying on Saudi Arabia to provide half the money for its planned $40 billion infrastructure fund, waved off concerns about funding on Thursday even as controversy rages over the disappearance of a Saudi journalist that has frayed relations between Wall Street and the oil-rich kingdom.

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U.S. probes 54,400 Ford trucks over tailgate complaints

The National Highway Traffic Safety Administration (NHTSA) said Thursday it had opened a preliminary investigation into 54,400 Ford Motor Co pickup trucks after receiving five complaints that tailgates had unexpectedly opened while the vehicles were in motion.

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UPDATE 2-European shares surrender to falling bank, tech stocks as Wall Street slides

* Carrefour jumps 9 pct after Q3 sales rise (Updates prices, adds quotes, graphic)

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Russian firms test non-dollar deals to sidestep any U.S. sanctions

Several major Russian companies are exploring ways to do deals abroad without using dollars, spurred on by a U.S. threat to broaden sanctions that have impeded access of some Russian firms to the international banking system.

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REFILE-Drop in Australia HIV sparks call for greater drug roll-out

LONDON, Oct 17 (Thomson Reuters Foundation) - HIV transmission rates among gay and bisexual men fell by almost a third in the Australian state of New South Wales following the wide-scale introduction of a daily anti-HIV drug, sparking calls for other health authorities to follow suit.

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Square introduces new payment terminal for small businesses

Square Inc, the company led by Twitter Inc Chief Executive Jack Dorsey, on Thursday launched a payment terminal for small business clients, expanding its suite of hardware products.

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US STOCKS-Wall St hit by weak industrial earnings, hawkish Fed

* Indexes down: Dow 0.91 pct, S&P 0.92 pct, Nasdaq 1.44 pct (Changes comment, adds details, updates prices)

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