Procurement sector M&A news, and can public procurement alleviate poverty?

Hello from the Spend Matters US headquarters, where Jason Busch, Pierre Mitchell, Thomas Kase, Lisa Reisman (and me, making my conference speaking debut), are buying copious amounts of sunscreen and dusting off our Elvis costumes to prepare to attend the Institute for Supply Management (ISM) conference early next week in Las Vegas. Read more about what we'll be talking about here, and if any of you happen to be traveling to Vegas and would like to meet up for a chat, please reach out.

Lots of other procurement news this week. Let's dive in!

Mergers: APICS (American Production and Inventory Control Society) and The Supply Chain Council (SCC) have announced a merger. Pierre Mitchell brings you the facts, implications, and some general observations. 

Acquisitions: Proactis has acquired Intesource at a cheap valuation.

Speaking of M&A, Pierre observes that acquisition reform seems to be getting a more complete vision - but wonders if execution will actually follow.

Over on Public Spend Forum, Jonathan Messinger discusses a new study arguing that public procurement can alleviate poverty.

What do you think about the fact that supply chain risk management and supplier risk management are converging? We think it's good.

Join us for two upcoming webinars:

Your very own Peter Smith will be presenting on A Sector in Turmoil? Challenges for Procurement in the Financial Services Industry on Thursday, May 8, 2014 from 9-10am Central (3pm GMT).

The week after that, we're talking supply chain finance in: Seismic Shift or Vapor - Are B2B and Supplier Networks Impacting Supply Chain Finance? (Wednesday, May 14, 2014, from 12-1pm Central)

Music and Rowing News You Can Use

I have a confession: I am addicted to the new Beyonce album. And the videos that go with. I can't stop listening. Enjoy.

And the Great Britain National Rowing Team takes on my alma mater this weekend at the Windermere Cup. Go Huskies!

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