
How are forward-looking organizations like Unilever embracing digitalization in contract management to overcome challenges in managing third parties?
Find out first-hand in this upcoming free webinar, “CLM Maturity Spectrum: The Journey to Commercial Value Management,” airing tomorrow, Wednesday Oct. 30 at 11 am ET / 10 am CT.
Gaurav Gupta, Unilever’s General Manager of ETS Supplier Strategy and Performance, along with SirionLabs Founder Ajay Agrawal and Spend Matters’ own chief research officer Pierre Mitchell will lay out a progressive new contract lifecycle management approach, called commercial value management, to help your business drive contract management capability “to new heights.”
In addition to first-hand detail from one of the largest procurement practitioner organizations in the world, attendees will also discover:
- An integrated CLM maturity model framework that plots organizational maturity and digital maturity to maximize commercial value, and
- Emerging CLM technologies that deliver sustainable enterprise value
Register right here!
GM strike to cost carmaker nearly $3 billion
The UAW strike, which lasted six weeks, has hampered GM's free cash flow and forced the company to "slash its earnings forecast for the year by $2 a share, or about $2.9 billion," according to Bloomberg via IW. "The walkout hit GM’s profit by $1 billion in the third quarter alone, the company said in a statement," according to the article – with most of the financial hurt to be reflected in the final three months of this year.
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Amazon removes Amazon Fresh fee for Prime members
Faced with competition from players such as Walmart, Amazon announced today that it would make Amazon Fresh — the fresh food delivery service it now offers in some 2,000 cities in the U.S. and elsewhere — free to use for Prime members, removing the $14.99 per month fee for the service, TechCrunch reports. In addition, Amazon is also giving users one- and two-hour delivery options for quicker turnarounds, and it’s making users’ local Whole Foods inventory available online and through the Amazon app.
Uber, Lyft moving into healthcare
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Lockheed nabs big F-35 procurement contract
The U.S. Navy has awarded Lockheed Martin a potential $7 billion contract modification to make and deliver 114 lot 13 F-35 fighter jets to domestic and foreign military sales clients, according to GovCon Wire. The Department of Defense said Monday the modification calls for Lockheed to build 77 F-35 units for the Air Force, Navy and Marine Corps and 37 units for the government of Australia, Norway and Italy.
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