Afternoon Coffee: In-person events result in high demand for packaging; Corcentric appoints three leadership members; Spend Matters’ PRO recap, SolutionMap Spring 2021

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While sports fans, concert goers and Broadway aficionados are finally returning to in-person events, it’s changed demand on supply chains for packaging for customer food and drink, according to Supply Chain Dive.

Makers of specialty packaging for food and beverage materials were happy to see re-openings after a rollercoaster 2020, but some companies are facing hurdles in ordering materials or passing on contracts they can’t fulfill. Demand shifts are the biggest setback.

How do you find the right procurement technology and vendor for your company? Spend Matters’ new 5-step “Procurement Technology Buyer’s Guide” can help — with how-to documents, checklist templates and other tips.

The recent Texas freezing storms from February are also proving to be a big issue in meeting demand for packaging. The coating that prevents cups from disintegrating is made in many Gulf Coast refineries, petrochemical plants and steam crackers. Shutdowns of transportation and supply chain networks in Texas has halted progress, the article said.

"We went for a reduced menu knowing that there weren't many options for the closed clamshell product available to us," Angela Todero, the Associate Director of Operations for Mercedes-Benz Stadium, told Supply Chain Dive. "We saw what our suppliers had that they were able to get easily. That dictated what we were going to use for the season."

Corcentric appoints three new members to leadership team

Corcentric, a business spend management software solution, announced three appointments to its leadership team this week.

Corcentric named Ed Benack as Chief Customer Officer, Manish Jaiswal as Chief Product Officer, and Brent Kinman as Senior Vice President of North American Sales. In a press release announcing the appointments, Corcentric said it's continuing to make investments in its people. Its leadership team is aiming to help enterprises enhance cash flow through its combination of software, advisory services and payments capabilities.

“I’m excited to announce the additions of Ed, Manish, and Brent to the Corcentric family. As we further develop our end-to-end transaction lifecycle solutions, including our payments capabilities, they each play a critical role in working with our enterprise customers to solve for the friction points in B2B commerce and transactions,” Matt Clark, Corcentric’s COO, said in the press release. “They bring invaluable experience and industry know-how to our organization and I look forward to working alongside each of them.”

Spend Matters PRO recap, SolutionMap Spring 2021 launch

This week, Spend Matters PRO analyst Michael Lamoureux shared three common surprises in post-merger technology integration and how to deal with them. Lamoureux also provided a vendor analysis of Digitate, an analytics solution.

Our PRO subscribers can read the full articles, but all readers can see the lengthy intros that frame the issues being discussed. This week:

Read more about a PRO membership.

In case you missed it, Spend Matters released its SolutionMap Spring 2021 launch, with 75 solutions featured in the update. More than half of the vendors updated their customer reference data. For this release, Spend Matters refreshed customer scores as needed but paused the update to our analyst scores because analysts are reworking the vast RFI for the Fall 2021 update.

SolutionMap is free to use. See the latest SolutionMap Spring 2021 release here.

The Spend Matters global monthly newsletter for April goes out next week! Are you on the list? Don't miss out for 2021!

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