Afternoon Coffee: Brexit Plan B Unveiled with Thud; IMF Forecasts Lower Global Expansion

stevecuk/Adobe Stock

After British Prime Theresa May lost her Brexit vote last week, she had until Monday to come up with a Plan B. That new proposal seems a lot like the old one, the Associated Press reports. The International Monetary Fund on Monday cut its forecast for global economic expansion, saying that the momentum of recent years is losing steam, CNBC reports. Afternoon Coffee brings you the latest in procurement and supply chain news.

How Technology Aids Visibility into the Supply Chain

digital business transformation Sergey Nivens/Adobe Stock

Spend Matters welcomes this guest post from Graham Kelly, PrimeRevenue’s chief revenue officer.

Gone are the days when CFOs created value solely by spending time on traditional finance activities. Today’s finance executives are involved in a range of strategy-related activities that help set their companies apart in the digital economy.

According to a recent McKinsey Global Survey, this includes setting overall corporate strategy, devising pricing plans and collaborating on digitization, analytics and talent-management initiatives.

Winning in all these areas requires technology that delivers a massive amount of connected data. But, how do you compile and use data constructively to deliver transformative results?

Business Intelligence to Transform Procurement