Spend Matters Afternoon Coffee

Don't forget! Webinar tomorrow! The Supply Network Revolution: It's Time for a New Paradigm
Click here to register -- The concept of building a network solely around trading partner connectivity for transaction management has inherently limited the potential value that buyers and suppliers can realize. Organizations that deployed these initial networks got very much what they bargained for -- limited enablement of transactional, silo-focused initiatives at the expense of broader supplier management coordination and collaboration. Join Jason Busch of Spend Matters and Aravo Solutions to learn how the new supplier network promise of tomorrow will be transformative for buying and selling organizations alike.

New white papers from Spend Matters UK!
School Catering: Value for schools; nutrition and enjoyment for children -- In this Spend Matters case study, sponsored by Intenda, we look at how a group of schools in Stratford on Avon has used a framework (let by the Eastern Shires Purchasing Organisation) and a software platform created by Intenda to let new catering contracts that will provide value and service for the children and the schools.
If it ain't broke, fix it! -- In this opinion paper, we look at why organisations and individuals often leave it too late before looking to innovate and change. Quoting Charles Handy and his work, we explain why you should be radical, even when things are going well! In the context of procurement, we then look at four areas where in our experience many organisations have considerable potential for change and improvement – market informed sourcing, purchase to pay processes, supply chain risk, and staff capability.

New offerings from Coupa (look for further analysis next week).
Coupa Redefines Spend Analytics Market with the Announcement of the New Spend Optimizer Offering -- Coupa Software, the leading provider of Cloud Spend Management, today announced Coupa Spend Optimizer, an advanced spend analytics solution that helps users make better spend management decisions. Through Coupa Spend Optimizer, customers have unprecedented access to robust spend management business intelligence without the headache of expensive and difficult deployments common in the spend analytics industry. The reporting platform provides intuitive graphical dashboards and charts making it easy for customers to analyze complex data and improve their spend management.

That's one way to get a free ride...
Ticketless Metra rider charged after spraying conductor with Mace -- A Union Pacific West Metra train heading to Chicago was stalled in Wheaton this morning after a woman sprayed Mace in a conductor's face when she was asked for her ticket. Wheaton Deputy Police Chief Tom Meloni said a 27-year-old West Chicago woman was stepping off the train in Wheaton when a conductor asked to see her ticket. When she couldn't produce one, another conductor stepped in and at that time she used Mace to spray one of them in the face, Meloni said.

China cracks down.
China Inspects Rare-Earth Production -- China has started a new round of inspections aimed at strengthening the monitoring of rare-earth production, in a sign that Beijing is likely to continue to keep a tight control over production of the key minerals into next year. The inspections, which China's Ministry of Industry and Information Technology disclosed late on Monday, are intended to combat illegal exploration, production and exports. They began on Nov. 11, the ministry said. China controls almost the entire global supply of rare-earth minerals, which are used in everything from wind turbines to hybrid-car batteries to military equipment. Its efforts to limit exports and restructure the industry have sent prices surging, though they have shown signs of moderating in recent months.

Sheena Moore

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