Afternoon Coffee: Learning Technologies Group Acquires PeopleFluent, Prosecutors Investigating Criminal Charges in Kobe Steel Scandal Stock

PeopleFluent, a provider of talent management software, got a new owner Tuesday, when U.K.-based Learning Technologies Group announced it had acquired the company. Japanese prosecutors are looking into whether Kobe Steel’s data quality scandal could merit criminal charges. Afternoon Coffee brings you the latest in procurement and supply chain news.

Forming a Strategic Partnership Program: What They Are and Why You Need One

change of control clauses Kzenon/Adobe Stock

Spend Matters welcomes this guest contribution from Craig Laufer, vice president of strategic partnerships at Nielsen.

Are you tapped out on the value created by your standard supplier relationship management program? If so, you should really consider creating a strategic partnership program. A strategic partnership program is an initiative that aims to transform the relationships of your most strategic suppliers into true strategic partners. This goal is accomplished first and foremost by creating and nurturing great relationships with your strategic partners, ultimately leading to improved supplier relationships, increased influence on traditional procurement topics, and creation of business value outside of the typical buyer-seller relationship.   

Business Intelligence to Transform Procurement