Author Archives: Kyle Schultz

Afternoon Coffee: SoftBank’s Vision Fund loses $18 billion; U.S. may offer incentives for moving supply chains out of China; Catch up with European vendors on ’50/50′ lists

Japanese investment firm SoftBank has posted an $18 billion loss to its Vision Fund investment portfolio. In other news, the U.S. government may begin offering incentives to American companies that move their supply chains out of China. Also, China says that U.S. rules targeting tech giant Huawei's ability to access U.S. chip technology may hurt the global supply chain. And, Spend Matters Europe is posting further observations into European vendors that made the 2020 "50 Procurement Providers to Know" list. You can check out profiles on Rosslyn Data Technologies, Celonis and Per Angusta today. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: Many RPA projects fail, report says; Manufacturers plan to reshore production; Grounded passenger planes bottleneck shipping

Executives say that complexity is the reason why many RPA projects fail, but more robotic process automation needs to be done. In other news, a survey of U.S. manufacturers found a majority plan to reshore their production and sourcing to North America following disruptions caused by the coronavirus. Also, European Union nations are showing signs of economic damage from the coronavirus. And passenger flights have dropped by 95% over the last couple of months, severely disrupting global shipping. Afternoon Coffee brings you the latest in procurement and supply chain news.

Spend Matters opens the ‘TAP’ at SIG’s Procurement Technology Summit

This week at the Sourcing Industry Group’s Procurement Technology Summit, Spend Matters Chief Research Officer Pierre Mitchell and Founder Jason Busch led a SIG session titled “Creating Your Procurement Technology Action Plan (TAP).”

The theme of the session was that procurement should have a “TAP” that focuses on the demand side (linking the TAP tightly to stakeholder requirements), the supply side (i.e., out to the procurement technology and services markets) and then bring those elements together to drive change and deliver value.

Read the details and a Q&A too.

‘50/50’ webinar rewind: Spend Matters’ analysts answer questions about 2020 lists of top providers

Spend Matters recently hosted two webinars about our annual lists of top procurement companies called “50 Providers to Know” and “50 Providers to Watch.” The webinars were held for audiences in the U.S. and Europe, and we’ve summarized the Q&As here for readers.

The bulk of the webinars went over the dynamics of this year’s “50/50” lists, offering insights into the qualifications that Spend Matters’ analysts take into account when creating the lists. But with so many determining factors going into these lists, European and North American attendees naturally had some questions.