Afternoon Coffee: Tesla’s VP of Supply Management Exits, Periscope Holdings Launches Rebuilt BidSync Tool With AI

Liam O’Connor, vice president of global supply management at Tesla, has resigned from the electric car maker, unnamed sources told Bloomberg. Government procurement technology provider Periscope Holdings announced Friday the launch of its rebuilt BidSync, a supplier application that uses machine-learning to “deliver the most relevant, winnable government opportunities for each user.” Afternoon Coffee brings you the latest in procurement and supply chain news.

These 3 Data Problems Could Be Draining Your Company’s Resources

Spend Matters welcomes this guest post from Brian Alster, global head of supply and compliance products at Dun & Bradstreet.

When you’re working on estimating the costs of your third-party relationships, the last thing you want to find are holes or inaccuracies in your data. It can leave you unable to make informed, data-driven decisions. This fear might explain why, according to Forrester research, almost a third of enterprise architects and chief data officers spend at least 40% of their time discerning the credibility of their data before using it to make critical decisions.

Business Intelligence to Transform Procurement