Tagged Content: General News

The Experience of Working with Work Market’s Solution

A6B6CBA891 What's it like to use Work Market – the workforce management system? Jason Busch, founder and managing director of Spend Matters, begins to walk us through the vendor's solution in a PRO research brief published earlier today on Spend Matters titled Exploring Work Market: Creating Talent Pools and Campaigns. The article is Part 2 of a longer series focusing on Work Market. We kicked the series off on Monday, with Part 1, offering some background on the vendor. Today's analysis takes a look at the technology Work Market offers, or as Jason writes, peeks "under the product and technology covers," and begins to dive into […]

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From Procurement Hotties to Pac-Man: The Best of April Fool’s 2015

- April 1, 2015 12:37 PM | Categories: Afternoon Coffee

In today's special edition of Afternoon Coffee, we bring you the best of April Fool's jokes from around the web (though perhaps we should launch a "20 Hottest Procurement Pros" list??). Afternoon Coffee brings you the latest in supply chain and procurement (and a wicked sense of humor).

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Heinz-Kraft Merger Makes ‘Sense'; Taulia Nabs New CEO; How’s Your Wine Supply Chain?

- March 31, 2015 12:18 PM | Categories: Afternoon Coffee

café-coffee-cup-2709-527x350 Taulia taps Cedric Bru, Paul Martyn on the Heinz-Kraft merger as a supply chain management win, and some news in wine cost savings. Afternoon Coffee brings you the latest procurement and supply chain news.

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Our In-Depth Analysis of Work Market Begins…

DUGHLO7780 Today we began our multi-part PRO series on Work Market, the online workforce management system provider. Written by Jason Busch, founder and managing director, Part 1, titled Exploring Work Market: A Procurement Platform For a Post-VMS-Services World, serves as an introduction to Work Market's solution and platform. Make sure to check out the full article! And, stay tuned tomorrow for Part 2.

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Iced Tea: Are Prices Warming Up?

- March 30, 2015 2:31 PM | Categories: Guest Post

Iced tea has long been a favorite summer drink during the long hot summer. In fact, 85% of all tea consumed within the US is iced. As we approach the summer season, let’s turn our attention to tea and explore what has been happening in the major producing regions.

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Afternoon Coffee: Supply Chain Slavery is All Too Real; Make an Appointment to Buy Apple Watch

- March 30, 2015 12:37 PM | Categories: Afternoon Coffee

President Obama recently signed an executive order requiring government contracts to make sure their supply chains aren't using forced labor, if you want an Apple watch (that's not the $10K one) then you'll need to make an appointment, the income gap in your 'hood is connected to your longevity, and GNC is paying more attention to supplement quality control. Afternoon Coffee brings you the latest in procurement and supply chain news.

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AGCO and riskmethods Win BME Award for Electronic Procurement

IMG_5924 We're pleased to share the news that a US company has received a German award for procurement excellence! In Dusseldorf, Germany, the leading (yes, really) German trade association BME (Bundesverband Materialwirtschaft, Einkauf und Logistik or "Association for Materials Management, Purchasing and Logistics") has awarded Georgia-based AGCO the 2015 "Excellence in eSolutions" prize. The ceremony took place during the sixth BME eLÖSUNGSTAGE ("eSolution days") in Dusseldorf on March 24.

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Services Procurement and VMS Technology of the Future

YN1Q5VMA2P Earlier in March, Spend Matters Founder and Managing Director Jason Busch led an Ask the Expert webinar on services procurement and vendor management system technology. Titled "Next Generation Services Procurement Technology: What to Expect," the webinar covered a range of issues on the procurement technology front – from the underlying changes occurring in the space to how both basic VMS is getting better and advanced VMS is getting smarter. You can listen to the full webinar on Spend Matters. Click here to check it out!

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Afternoon Coffee: US Economy Expands in Fourth Quarter, Oil Prices Make Gains This Week

- March 27, 2015 12:16 PM | Categories: Afternoon Coffee

file000401371971 The latest GDP data was released this morning, showing the US economy grew 2.2% during the fourth quarter. And, oil prices seem to be rebounding from their 6-year low hit earlier in March. Afternoon Coffee brings you the latest procurement and supply chain news.

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M&A News: Lexmark Acquires Kofax – Initial Market Analysis

- March 26, 2015 4:47 PM | Categories: Industry News, M&A

Businessman hand touching M & A on virtual screen - merger & acq Earlier this week, Lexmark announced it was acquiring Kofax. The Deal reports that the transaction will add, “$300 million in 2014 sales from a base of more than 20,000 global customers … [and] will boost its enterprise software sales to $700 million.” Spend Matters believes the transaction will further fuel valuation levels in the enterprise software sector (Kofax is now trading at over 3X top-line at the time of publication of this post – up over 25% over the pre-deal multiple) given that the firm competes in the somewhat stodgy world of accounts payable automation, inclusive of OCR services, among other areas.

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What Procurement Solution is the Best Fit For You?

- March 26, 2015 3:22 PM | Categories: Uncategorized

SONY DSC Attention! There is not just one e-procurement market! This is a point Jason Busch argued in today's PRO research brief Best-of-Breed E-Procurement Smackdown: Choosing Between 3 Different Categories of Providers. Jason examined 3 different types of best-of-breed procurement providers: Coupa, Ivalua and BuyerQuest. If you are wondering which one is best for your procurement organization, it's time to read this informative article.

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Afternoon Coffee: Ford Opens India Production Plant, Another Oil Company Cuts Spending

- March 26, 2015 12:14 PM | Categories: Afternoon Coffee

OLYMPUS DIGITAL CAMERA Ford Motor Co. opened its $1 billion plant in India this week. The car maker plans to triple its exports from the country. And, PetroChina Co. is cutting its spending plans by 8.8% this year, following a 17% drop in 2014 profits due to falling oil prices. Afternoon Coffee brings you the latest in procurement and supply chain news.

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