Afternoon Coffee: SolutionMap updates quarterly rankings; new Deloitte-ASCM digital tool; Cargill expanding in China Stock

For this quarter, Spend Matters has updated its SolutionMap rankings of 56 procurement software providers. In other news, Deloitte and ASCM teamed up on a project to help businesses digitally transform, releasing the Digital Capabilities Model for Supply Networks. Also, agribusiness giant Cargill is expanding in China. And U.S. factory production rises for August, but the U.S.-China trade war has dragged it down over the last 12 months, the AP reports. Afternoon Coffee brings you the latest procurement and supply chain news.

How to Use SolutionMap Buying Personas

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The needs of each procurement organization — as well as procurement-solution providers’ organizations — are too nuanced for “one size fits all”-style rankings and recommendations from other industry intelligence firms and experts. That’s why Spend Matters ranks procurement and supply chain software providers through the prism of buying personas. With the Q3 2019 SolutionMap released today, let's revisit why this is an essential approach to the procurement technology market.

Business Intelligence to Transform Procurement