Afternoon Coffee: Microsoft launches e-commerce software to take on Amazon; Oil companies plan carbon-capture investments

Microsoft took one more step forward in its rivalry with Amazon. On Monday, the software giant rolled out technology for retailers to manage their business online. Included was Dynamics 365 Commerce, which will let brands create detailed personalized product web pages with room for customer ratings and reviews. It integrates with other Microsoft software, so businesses can communicate with customers after they make a purchase or view charts on sales performance, reports CNBC.

Oil companies’ new carbon-capture initiatives

On Monday, 13 oil companies chalked out a plan to promote investments in carbon capture, use and storage, just ahead of a gathering in New York, Reuters reports. The initiative comes at a time when the oil sector is increasingly facing flak for lack of efforts to combat climate change. Oil company leaders say they will invest in carbon-capture and sequestration techniques.

Informal ‘SRM Week’ at Spend Matters

Supplier relationship management — and the tools and partners that can help procurement practitioners solve their SRM challenges — is a focus of Spend Matters’ coverage to start the week.

SM’s editor JP Morris published an interview with SRM expert Daryl Hammett, the general manager of ConnXus, a provider that connects buyers and qualified suppliers, on issues surrounding cultivating supplier relationships, driving innovation and mitigating risk. The site also features a spotlight on Wax Digital, a UK-based suite provider that just entered the Supplier Relationship Management & Risk category in the Q3 2019 SolutionMap. Later this week, we’ll uncover some insights into Wax Digital’s customers’ scoring and feedback of the provider in a report on SolutionMap Insider.

HQGE acquires Canadian hemp CBD company

Global Education, Inc. has acquired Canadian hemp CBD company Green Sky Solutions Inc. The latter offers Canadian manufacturing/distribution of CBD products. It provides an array of data, supply chain management, and white label manufacturing to the Canadian market.

Luis Proetta, CEO of HQGE called GSS "a perfect fit" with HQGE's overall business goal of providing a broad spectrum of products and services for the hemp CBD community, including data gathering, intelligence and education and product delivery.

Omnitracs CEO talks of hurdles in the way of autonomous trucking

Texas-based telematics company Omnitracs is deploying technology that will change the lives of truckers. CEO Ray Geer says in a podcast that this was at the core of the strategic agenda for his company. "We want to change the way the industry thinks and operates, and we want to drive productivity and efficiency across the industry in ways that have never been thought of before," he said, according to Forbes. Greer notes the single greatest advancement Omnitracs can make for drivers is to automate their lives so that they can focus on driving.

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