Afternoon Coffee: BMW Raided in Collusion Inquiry, Tesla to Build Factory in Shanghai

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European Union investigators conducted a raid on BMW headquarters as part of an investigation into possible illegal collusion among German automakers. In a bid to gain traction in China’s growing electric vehicle market, Tesla is setting up a manufacturing facility in Shanghai. Afternoon Coffee brings you the latest in procurement and supply chain news.

Highlights from Across the Pond at Coupa Inspire 2017: A Fraud Detection Acquisition, Open Buy Launch and R19

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Coupa has acquired an AI fraud detection company and begun its official rollout of Open Buy with Amazon Business, our colleagues at Spend Matters UK/Europe reported from Coupa Inspire last week. The two announcements highlight Coupa’s recent push to integrate more advanced functionality into its spend management platform, from bringing sourcing optimization to a wider audience to enabling the elusive “guided buying” experience.

Business Intelligence to Transform Procurement