Afternoon Coffee: Procurement Leaders acquired; Hot developments in Contingent Workforce & Services space

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Procurement Leaders CEO Nandini Basuthakur announced on Wednesday via LinkedIn that the organization had been acquired by executive networking firm World 50 — "a partnership that will support us to continue our journey and vision to be the world’s most valued global procurement network and beyond," according to Spend Matters' breaking news story on the deal.

Check out the Spend Matters article to get Jason Busch's quick-take on PL, as well as Spend Matters UK founder Peter Smith's commentary over on the UK/Europe site.

Fiverr launches Studios, and other hot CW/S sector news

Fiverr, the online marketplace for creative/digital services, on Tuesday announced its latest product, Studios, which allows freelance workers to self-organize a project to offer an “agency-like team,” as Spend Matters' Andrew Karpie wrote earlier this week.

Fiverr's not alone — Upwork has also recently launched an "agency experience," in one of several signs that freelance platform offerings for teams and providers have become reality.

Missed the rest of the crucial news in the Contingent Workforce & Services space over the past month? Check out the CW/S Hot List (paywall for Plus subscribers).

U.S. sets stage for import of cheaper drugs

The Trump administration said it was initiating measures for manufacturers to import cheaper prescription drugs from other countries. According to the New York Times, the move was long opposed by the pharmaceutical industry. As per the proposal, the move would permit pilot programs developed by states, pharmacies or drug distributors that have sought to safely import prescription medications from Canada.

New bill to secure gov’t supply chain against Chinese sabotage

ZDNet reports that two senators have introduced a bill that calls for the government to put in place a strategy while dealing with supply chain threats that may impact not only the general public but even federal agencies, and the U.S. military.

Called the Manufacturing, Investment, and Controls Review for Computer Hardware, Intellectual Property and Supply (MICROCHIPS) Act, the bill was co-sponsored by Senators Mike Crapo (R-Idaho) and Mark Warner (D-Virginia).

Supply chain solutions firm enables online grocery delivery service

Global supply chain solutions company HighJump said it has "enabled" online grocery delivery service Good Eggs with the connected, automated supply chain of the future. "The HighJump Warehouse Management System (WMS) uniquely allows Good Eggs to adjust the system around specific processes — by product, by customer demand, and beyond. This guarantees the adaptability to meet today's requirements, while seamlessly scaling with the rapid growth trajectory of online grocery," said Michael Wohlwend, managing principal of Alpine Supply Chain Solutions.

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