Tagged Content: General News

Railroad Merger Talks Stop, Investors Interested in Buying Reebok

- October 20, 2014 12:29 PM | Categories: Afternoon Coffee

Railroad companies CSX and Canadian Pacific are no longer discussing a possible merger. And, a group of investors are looking to buy the sneaker company Reebok from Adidas. Afternoon Coffee brings you the latest in supply chain and procurement news.

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Google Spending Soars, Walmart Workers Demand Higher Wages, Ebola Scare Pushes Up Sales of Cleaning Products

- October 17, 2014 12:27 PM | Categories: Afternoon Coffee

High business spending is one major factor that led to lower-than-expected earnings in the third quarter of the year for Google. And, Walmart workers gathered in New York, Washington and Phoenix on Thursday to bring more attention to their efforts to raise labor wages to a minimum of $15 an hour. Afternoon Coffee brings you the latest in supply chain and procurement news.

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Free Research: Payables Datasets a Gold Mine of Savings

- October 17, 2014 8:27 AM | Categories: Learning / Research

While you may be accustomed to studying analytics from “spend” and “procurement” perspectives, we here at Spend Matters have published new, enlightening research on the savings and working capital insight that can be gained from studying payment analytics. Spend Analytics, Payment Analytics: The Gateway to Gold in Them Thar Hills by Jason Busch (managing group director, Spend Matters) is now available for free download.

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IACCM’s 2014 Conference: Contract/Commercial Management Person? YOU ARE IMPORTANT! (Part 2)

- October 16, 2014 1:25 PM | Categories: Conferences, Contract Management

you are imporatnt image In my last post covering IACCM’s Americas Conference, I covered some risk management strategies that contract/commercial people can take before leaving you with a thrilling cliffhanger on how both personal and department branding can be the key to internal and external success. There was an overall encouraging undertone throughout the day of “You are important. Your job is important. Contracting is important. Don’t let anyone tell you otherwise.” So let’s dive into some feel-good personal stuff, shall we?

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AbbVie Pulls Back on Shire Deal, Japan Creates Commercial Planes, CBS Jumps on Streaming Service Bandwagon

- October 16, 2014 12:22 PM | Categories: Afternoon Coffee

Chicago-based drugmaker AbbVie is pulling away from its proposed acquisition of Shire. And, Japan’s Mitsubishi Aircraft Corp. is reportedly working on constructing the country’s first commercial airliner in more than 50 years. Afternoon Coffee brings you the latest in supply chain and procurement news.

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IACCM’s 2014 Conference: Holistic Risk Management Through Contracting (Part 1)

- October 15, 2014 2:52 PM | Categories: Conferences, Contract Management

As CEO Tim Cummins said in his keynote speech on the first day of this year’s IACCM Americas Conference: “The journey for recognition of the contracting function has taken 15 years - most of it wandering through a desert.” Dry (heh) British humor aside, the overall feeling at the event was that contracting as a whole is finally getting the corporate recognition that it deserves, as a “professionalized community that operates with respect in the business world.” Here are some highlights from the sessions I attended on holistic risk management (through contracts, of course!).

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Google’s New Smartphone Competes with iPhone, Toyota Recalls Millions of Vehicles

- October 15, 2014 12:17 PM | Categories: Afternoon Coffee

Google has released its new Nexus 6 smartphone, a device that will sell for nearly $650. And, Toyota announced it will recall 1.67 million vehicles worldwide due to problem with brakes. Afternoon Coffee brings you the latest in supply chain and procurement news.

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Death to Traditional Catalogs! Upcoming Webinar to Study Next-Gen Requisitioner Support

- October 15, 2014 8:24 AM | Categories: Learning / Research

Grab your pitchforks, form the lynch mob and join us as we put traditional catalogs to death! These days, catalogs can be used for contract compliance, tangible sourcing savings, increased spend visibility and as a means to direct requisitioners to preferred destinations. The upcoming webinar, The Death of Traditional Catalogs: Realizing Sourcing Savings with Next-Generation Requisitioner Support will take place Wednesday, Oct. 22 at 10 a.m. CDT. Register here.

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Coming Full Circle With Direct Procurement

- October 14, 2014 3:23 PM | Categories: Learning / Research, Procurement

Back in the early 1990s, my first experience with procurement was from a planning and scheduling standpoint. MRP runs generated batches of planned PO's to "firm up" and release (mostly by fax – but with some EDI). Unfortunately, the sheer volume of data combined with variability of all forms made it clear to me that a buyer/planner was going to be doomed to a life of expediting and firefighting.

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Basware and Arrowgrass Go After Non-Confirmed Invoice Market

- October 14, 2014 1:29 PM | Categories: Guest Post

Spend Matters welcomes this article originally published on our sister site Trade Financing Matters. Basware recently announced its financial offering, a suite of supply chain finance capabilities that are both buyer and seller driven. One is called Basware Factor, and the company is partnering with Arrowgrass Capital Partners, a $5 billion London hedge fund, to develop an electronic invoicing service in the latest move to capture business credit that has stayed on corporates balance sheets in the form of payment terms.

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Google’s Member-Based Shopping Service, Apple’s Smart Locks and Problems at Bangladesh Factories

- October 14, 2014 12:47 PM | Categories: Afternoon Coffee

Google is amping up its competition with Amazon as it begins its Google Express shopping service. And, Apple will sell a smart lock for front doors. Afternoon Coffee brings you the latest supply chain and procurement news.

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New iPad Air Coming This Week, China Amps Up Steel Exports, Companies Announce Merger Talks and Deals

- October 13, 2014 12:11 PM | Categories: Afternoon Coffee

Apple is set to release its iPad Air 2 at an event Oct. 16. And, the amount of steel products coming out of China reached a new high in September. Afternoon Coffee brings you the latest in supply chain and procurement news.

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