The Spend Matters team is in Orlando this week bringing you live coverage and more from ISM’s annual event. See what Chief Research Officer Pierre Mitchell has had to say so far (spoiler: it’s great!), and be sure to check back throughout the week for more coverage from the rest of the team. And if you’re at the event, be sure to look out for the client services team, which is handing out plaques to vendors that made our 50 to Watch and 50 to Know lists for 2017.
The Afternoon Coffee Category
Open Buy allows Coupa customers to shop beyond managed catalogs using an embedded Amazon Business marketplace within the Coupa solution. Beeline announced Tuesday that it had formed a partnership with Hired, a career matching for technology workers. Afternoon Coffee brings you the latest in procurement and supply chain news.
Afternoon Coffee: Coupa to Launch Coupa Payments, BMW Hints at Production Moves Ahead of Brexit Talks
Coupa announced Tuesday it will launch Coupa Payments, a cloud e-payables solution designed to streamline cross-border payment systems and automate accounts payable processes. Negotiations between the U.K. and the European Union over Brexit are getting a close look from BMW, which hinted in its annual meeting recently that it could abandon production in the U.K. without the free movement of workers
China’s “One Belt, One Road” infrastructure project may be seen as a sign of the rising importance of the East, but that doesn’t mean Western companies won’t stand to benefit, either. Apple’s $1 billion fund designed to spur manufacturing in the U.S. announced its first investment Friday. Afternoon Coffee brings you the latest in procurement and supply chain news.
The Chinese and the U.S. governments formalized a trade deal Thursday that would allow U.S. beef and natural gas to flow into China. Source-to-pay provider Zycus is adding a new office in Dubai in an effort to bolster its presence in the Middle East. Afternoon Coffee brings you the latest in procurement and supply chain news.
Afternoon Coffee: G7 Gets Briefed on Trump Tax Plan, Amazon Offers Cash for Warehouse Robot Breakthroughs
U.S. Treasury Secretary Steven Mnuchin is scheduled this week to brief finance officials from the Group of Seven industrial economies on the Trump administration’s pending tax reform and regulatory plans. Amazon is offering $250,000 to teams who say they have, in a competition taking place in Japan later in July. Afternoon Coffee brings you the latest in procurement and supply chain news.
Afternoon Coffee: BravoSolution Partners with TrustWeaver for E-Invoicing Compliance Services, The Hackett Group Expands Consulting Portfolio
BravoSolution announced Tuesday it has formed a partnership with TrustWeaver to offer global e-invoicing compliance services within its BravoAdvantage platform. The Hackett Group announced Tuesday it had acquired Aecus Limited and completed its acquisition of Jibe Consulting. Afternoon Coffee brings you the latest in procurement and supply chain news.
Finland-based Basware announced Tuesday it is adding a strategic sourcing offering to its purchase-to-pay (P2P) suite, giving customers what it calls a “one-stop shop” for the source-to-pay (S2P) process. There’s a new entrant in the increasingly important market for procurement solutions that focus on corporate social responsibility (CSR) and sustainability: IntegrityNext. Afternoon Coffee brings you the latest in procurement and supply chain news.
Afternoon Coffee: Bangladesh Alliance Suspends 9 Factories for Poor Safety Standards, Tungsten Partners to Finance SMBs
The Alliance for Bangladesh Worker Safety has suspended operations at nine garment factories for failing to meet its standards. Tungsten Network announced Monday it has formed a partnership with BlueVine, a provider of online working capital financing, to offer more readily available funding for small and medium-sized businesses. Afternoon Coffee brings you the latest in procurement and supply chain news.
Afternoon Coffee: SCM World Opens 2018 Award Entries, Apple to Create $1 Billion Fund for US Manufacturing
SCM World announced Thursday it had opened entries for its 2018 Power of the Profession Awards. Apple announced Wednesday it will create a $1 billion fund to invest in advanced manufacturing in the U.S. Afternoon Coffee brings you the latest in procurement and supply chain news.
Afternoon Coffee: Japanese Steelmakers Look to Diversify Suppliers, Tyson to Eliminate Antibiotics in Chicken
Heavy reliance on imported ferroalloys from China and India is starting to worry Japanese steelmakers, who are now looking to new suppliers to hedge on future supply risk. Tyson Foods announced Monday its poultry products would be free of antibiotics by 2018. Afternoon Coffee brings you the latest in procurement and supply chain news.
Afternoon Coffee: Tesla Execs Leading New Supply Chain Recycling Firm, US to Allow Import of Argentine Lemons
A new materials recycling company has two prominent leaders piquing the interest of Silicon Valley. The U.S. Department of Agriculture said Monday it would lift the ban on lemons from Argentina starting May 26. Afternoon Coffee brings you the latest in procurement and supply chain news.