Author Archives: Taras Berezowsky



Afternoon Coffee: Brexit Woes; Coupa Earnings; How Telecom for Uber Equates to Logistics for Amazon

Spend Matters' Pierre Mitchell takes a look at how telecom for Uber equates to logistics for Amazon, ahead of sitting in on a webinar tomorrow with some deep transportation experts over at Spend Management Experts. Another withdrawal deal by PM Theresa May has been voted down in the U.K. And Coupa's earnings report is hot off the press. Afternoon Coffee: bringing you the latest in procurement and supply chain news.

Afternoon Coffee: Boeing 737 Max’s Troubles Worsen; Upcoming Webinar on Rising Small Parcel Costs

For a product “family that generates almost one-third of the company’s operating profit,” the Boeing 737 Max jet has picked a terrible time to be in the negative spotlight. According to a forthcoming report from SAP Ariba, the majority of CPOs consider digital transformation important to improve performance. And if you're dealing with rising small parcel shipping costs, join our webinar, held with NPI and Spend Management Experts, on Thursday, March 14 at 1 p.m. Central!

Afternoon Coffee: Coupa, Ivalua, Jaggaer and SAP Ariba, Compared; Hospitals Still Way Behind on Supply Chain Analytics

Almost half of hospitals are still using manual processes and tools such as spreadsheets to manage their supply chains. The Spend Matters Team has done a deep dive on four of the top performing S2P suite vendors in the Q4 SolutionMap functional benchmark: Coupa, Ivalua, Jaggaer and SAP Ariba. And companies are finding new ways of leveraging digital sustainability intelligence. Afternoon Coffee: the latest procurement and supply chain news that matters to you.

Afternoon Coffee: USTR’s 2019 Trade Policy Agenda Released, Walmart Tightens OTIF Policies, Blockchain Hacking (Oh My)

The Office of the U.S. Trade Representative released its latest trade policy agenda for 2019. Walmart continues to incrementally pressure its suppliers on delivery times. Unhackable blockchains are getting hacked (what?), and we take a look at what the heck folks are buying when they purchase accounts payable (AP) technology. Afternoon Coffee: the procurement and supply chain news that matters to you.

Afternoon Coffee: CIPS Nabs a Gates Foundation Grant; Auto Supplier Update; Apple Details Supplier Responsibility

The Bill and Melinda Gates Foundation has awarded the Chartered Institute of Procurement & Supply (CIPS) a grant to improve the procurement of medical supplies across Africa. Speakers from manufacturers and intelligence firms shared their thoughts on the risks posed to the auto industry — both regionally and globally — at the 2019 West Michigan Automotive Suppliers Symposium this morning. And Apple released its annual Supplier Responsibility Progress Report today. Afternoon Coffee: the latest in procurement and supply chain news.

Afternoon Coffee: U.S. Trade Deficit at 10-Year High; Payment Provider Nvoicepay Snapped Up

U.S. Commerce Department data showed Wednesday that the U.S. trade deficit widened in 2018 to $621 billion, its highest in a decade, according to Bloomberg. Fleetcor, a commercial payment (primarily card) solutions provider, has signed a definitive agreement to acquire Nvoicepay, Inc., a leader in full AP automation for businesses. And the U.S. auto market is staring down lower sales figures. Afternoon Coffee brings you the latest procurement and supply chain news.

Afternoon Coffee: Office Depot, Alibaba.com Partner Up; Certify, Chrome River to Flow as One

Office Depot and Alibaba.com are joining forces to empower small- and medium-sized businesses to more efficiently tap into the global B2B commerce market. Certify and Chrome River Technologies, two travel & expense providers who also offer invoice management software, will merge in a deal that’s valued at over $1 billion. And the latest report from freelancer site Upwork dissects hiring manager behavior across key generations. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: 2019 Global Sourcing Trends; Software Supply Chain Cybersecurity Risks; New Cleo Launch

Cyberattacks on software supply chains are on the rise, according to Microsoft's latest Security Intelligence Report. Integration platform vendor Cleo announced an update to its offerings for integration platforms as a service. And a new Everest Group report picks out top trends in global sourcing for 2019. Afternoon Coffee brings you the latest in procurement and supply chain news.

SolutionMap in 2019: Where We’ve Been and the Year Ahead

Ah, the memories. When it comes to preparing for The Year in Comparative Rankings of Procurement Software Companies, it’s hard not to gravitate immediately to Spend Matters SolutionMap. For one thing, SolutionMap provides quarterly updates, keeping in real-time lockstep with advancements and innovations in the procurement software and technology market. For that reason, we saw some cool things happen over the past 12 months — and have some exciting updates to share for 2019.

Number of High-Earning Independent Workers Is Rising, MBO Report Says

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A select group of high-earning workers has been increasing, according to a recent research brief from MBO Partners, stemming from the firm’s eighth-annual 2018 State of Independence in America report. The report estimates that of the more than 15 million full-time independent workers, 3.3 million are high earners — defined as earning $100,000 per year or more. This group has grown nearly 70% since 2011, despite that the overall number of full-time independents in total actually declined over that same period.

South America’s Gold Supply Chain Poses Big Risks for Procurement, Report Says

If your company sources and buys gold, then the message from some recent research is loud and clear: Watch your step in South America. The market there and its role in the global gold supply chain is a tremendous cause for corporate concern, according to a Thomson Reuters white paper. Evidently, the promise of huge profits based on higher gold prices — and fueled by rampant corruption — have created a vast supply chain problem on the continent.

Tariffs: A Black Cloud Marring the 2019 Commodity Outlook

There was one word that loomed over the proceedings at The Right Place/Supply Chain Management Council's Commodity Trends 2019 Outlook event Wednesday in Grand Rapids, Michigan: Tariffs. From the multiple expert presentations to numerous audience questions and comments on the topic, it didn’t take much to pinpoint the effects of tariffs as a recurring theme of the half-day conference, at which MetalMiner Executive Editor Lisa Reisman presented our 2019 metals outlook. Indeed, the current onslaught of tariffs — including those implemented under Sections 201, 232 and 301 of U.S. trade law — seemed to be one of the primary concerns on everyone’s minds.