Spend Matters Afternoon Coffee

And Phil didn't see his shadow??
Storm's toll: Motorists stranded, most roads closed, Metra trains on limited schedules -- Wicked blizzard winds continue to take their toll this morning, with some motorists still stranded, many major roads closed and Metra shutting down five lines and running Sunday schedules on the rest. As the National Weather Service put it: "Crippling and potentially killer blizzard to continue to this morning."

On the up and up.
ADP: Private Sector Adds Jobs -- Private-sector payrolls expanded at a solid pace in January, led by small-business hiring, according to data released Wednesday. Private-sector jobs in the U.S. rose by 187,000 last month, according to a national employment report published by payroll giant Automatic Data Processing Inc. and consultancy Macroeconomic Advisers.

US Blacklists Illicit Procurement Network In Iran, Turkey -- The Treasury Department designated a procurement network described by U.S. officials as "a lifeline" for Iran's missile program. As the sanctions were announced, an indictment charging the alleged leader of the network, Milad Jafari, an Iranian national, was unsealed in federal court in Washington, D.C.

Travel in 2011.
Buying Travel in 2011: What Procurement Professionals Should Know -- In a survey for Business Travel News' "Procurement Practices 2010" report, 67 percent of respondents indicated procurement is partially or solely responsible for managing travel in their organizations. If you've been involved with travel for any length of time, you've already learned it is a complex buy, involving more volatility than many other categories of corporate spend -- think of all the airline mergers recently completed or currently in progress, and you'll begin to see what I mean.

- Sheena Moore

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