Afternoon Coffee: Following Irma’s Path Through Florida, GRI Partners with TDX

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Hurricane Irma weakened to a Category 1 storm Monday as it ripped through Florida, although officials said it is still too early to assess the total damage to the area, according to the Wall Street Journal. Operations at several major ports in the U.S. Southeast are mostly suspended as a result of the storm. Stay tuned to Spend Matters for continuing coverage as the supply chain impacts from Irma become clear.

GRI Partners with TDX

Geometric Results Inc. announced Monday it had formed a strategic partnership with Brightfield Strategies, provider of the Talent Data Exchange (TDX) platform. The relationship will bring GRI’s clients a new level of data-driven strategies and program management built on TDX’s proprietary workforce analytics solution, GRI said in a press release.

“Data and analytics represent one of the best bets for MSPs to move to the next level of value added for their clients, with sourcing and services management being close seconds,” said Andrew Karpie, research director for services and labor procurement at Spend Matters. “Brightfield's TDX is currently the most advanced contingent workforce analytics platform in the market, earning our recognition in the Spend Matters 50 to Watch list and a mention in our report on disruptive technologies and solutions in contingent workforce and services procurement. GRI also earned a spot as the only MSP on the 50 to Watch, owing to its innovative approach to the MSP model and third-party technology and service integration.

China’s Car Future

China is evaluating plans to ban the production and sale of diesel and gasoline cars, according to the BBC. While the idea is still in the research phase, if such a ban became reality, it would have significant ripple effects on the global auto industry, in which China is the biggest market.

Oil Prices

And finally, a commodities update: Oil prices slipped Monday following concerns about falling demand in the wake of Irma. As Reuters reports, “Brent crude oil futures for November delivery LCOc1 were down 66 cents at $53.12 a barrel while benchmark U.S. West Texas Intermediate crude CLc1 declined by 33 cents to $47.15.”

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