Afternoon Coffee: ISM services index is up; Workday-Scout RFP competitive analysis; What Brexit could mean for U.K-U.S. trade

The Institute for Supply Management (ISM) recently released their non-manufacturing index — the NMI — which told a positive story.

The NMI clocked in at 54.7%, firmly in expansion territory, having grown for 117 straight months, according to the release. According to the NMI, “13 non-manufacturing industries reported growth. The non-manufacturing sector had an uptick in growth after reflecting a pullback in September. The respondents continue to be concerned about tariffs, labor resources and the geopolitical climate.”

Workday acquires Scout RFP: Here’s some must-read competitive analysis

Jason Busch, managing director of Spend Matters Nexus, follows up yesterday’s blitzkrieg of coverage on the deal with this latest Nexus brief, diving into landscape implications of the transaction that may affect other, specialized procurement technology providers — in this case, suite and best-of-breed competitor analysis and recommendations. He also offers “lessons learned for this group as well in terms of what really matters with driving customer success, growth and, subsequently, valuation.”

Read more here on Nexus (paywall).

5 things you should know before shipping across U.S.-Mexico border

On a daily basis, on average, $1.7 billion in goods crosses the border from Mexico into the U.S. Much of that is by road. For businesses on both sides of the border, getting their goods across can often be a confusing process. Cross-border shipping comes with its own set of rules and restrictions. For a checklist of five critical questions to ask before booking your next cross-border load, read on here.

U.K.'s sweetheart trade deal with U.S. may never happen

In these pre-Brexit days, skeptics in the U.K. often are heard saying that leaving the European Union (EU) would turn Britain it into an independent, free-trading nation, leaving it without encumbrances to trade with its single-largest trading partner, the U.S., according to CNN.

But rather than walking into a sweetheart deal with the U.S., Britain most probably will be confronted by American trade hawks who will attempt to pry open British markets to more American goods. The more one examines what a possible deal between the UK and the U.S. would look like, the less attractive it looks for the United Kingdom, reports CNN in their analysis.

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