Afternoon Coffee: Proactis to Partner With Sopra Steria, UPS Raises Service Rates

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Procure-to-pay (P2P) provider Proactis announced on Monday a new partnership with IT consultancy Sopra Steria. The collaboration will enable procurement and finance teams undergoing transformation efforts to use Proactis’ solutions with the aid of a trusted ecosystem partner in the U.K.

UPS is raising the cost of its freight service 4.9% on average, according to a Wall Street Journal report. A similar 4.9% increase will go into effect across UPS’s other services as of Dec. 26, the Atlanta-based company said Thursday, in order to help pay for system upgrades and expansion.

Companies sourcing cotton are increasingly turning to Africa. Production on the continent rose to 700,000 tons in 2015 from 408,415 tons the previous year, a 71% increase.

And finally, General Electric made a move Tuesday to buy two European suppliers of additive manufacturing equipment. The $1.4 billion offer for Arcam of Sweden and SLM Solutions Group of Germany represents a continued push into the world of 3-D printing for GE, which is looking to its manufacturing roots to spur growth.

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