Author Archives: Spend Matters Team

Afternoon Coffee: A new SolutionMap analysis of VMS software providers; Tesla’s Powerwall batteries to hit Japan’s market

Today Spend Matters published a “roll-up” view and analysis of software providers currently participating in SolutionMap that offer vendor management system (VMS) solutions, using SolutionMap scoring data to give an up-to-date perspective of the VMS landscape. Starting next spring, Tesla will start installing the 13.5 kWh Powerwall home power storage batteries in Japan. And Expanse, the net ops management company that counts the U.S. Department of Defense as one of its clients, today said it had launched Expanse Link, a product that helps identify and manage strategic suppliers' Internet assets and risks. Afternoon Coffee: your source for procurement and supply chain news.

SIG news: Sourcing Industry Group and Spend Matters announce global partnership

Today, SIG, the premier membership organization for sourcing, procurement and outsourcing executives, and Spend Matters, the leading source for procurement solutions intelligence, announce a new partnership to provide SIG buy-side members with procurement solutions intelligence and services to help them advance their digital procurement efforts.

“Spend Matters is a trusted resource among procurement professionals,” says Dawn Tiura, President and CEO of SIG, the Sourcing Industry Group. “As the procurement technology marketplace becomes increasingly crowded, this partnership will provide valuable, time-saving market intelligence to SIG members who are looking to find the best vendors to meet their organization’s specific technology needs.”

Afternoon Coffee: RigUp raises $300M in latest funding round; Trump tariff call-off continues supply chain uncertainty

Online marketplace RigUp, which refers to itself as “the energy industry’s largest marketplace for on-demand services and skilled labor,” has announced a $300 million Series D round led by Andreessen Horowitz (a16z). The Consumer Technology Association (CTA) has called the logic behind President Donald Trump’s trade strategy with China akin to taking “one step forward, two steps back." And women are increasingly joining the truck driving workforce, according to the WSJ. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: SAP’s chief steps down; FAA didn’t properly review 737 MAX jet, regulators say; SpaceX, 7 competitors get contract

SAP announced that its CEO, Bill McDermott, is stepping down after more than nine years running the business software company, and Spend Matters' Pierre Mitchell weighs in with what it means for SAP. In other news, a committee looking at the 737 MAX issues says that the FAA didn't properly vet the aircraft and that Boeing should upgrade its processes. Also, the Air Force looks to space in awarding a different kind of contract. Afternoon Coffee brings you the latest in procurement and supply chain news.

Afternoon Coffee: One CFO in (Field Nation), one CFO out (U.S. Steel); IBM looks to smarten supply chains; China trade talks resume today

Top U.S. and Chinese negotiators are set to meet today for the first time since late July to try to work out a path forward from a 15-month trade war between the two nations. Jason Woods has been named CFO of Field Nation, a provider of workforce management solutions, after having served in that role recently for SAP Concur. A new product, IBM Sterling Supply Chain Suite, tries to take out the complexity from global supply chains and make them smarter and more efficient. And U.S. Steel's CFO is resigning, amidst the company getting set to bring in a new operating model to cut costs. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: ‘Transforming Direct Procurement’ webinar tomorrow; Oil & gas pipelines hit legal roadblocks

Don’t miss a free webinar tomorrow, Thursday, October 10 at 9:00 CT / 10:00 am ET in which experts from GEP and Spend Matters assess the current state of direct procurement and discuss the new opportunities afforded to it by digital transformation. Three energy projects fast-tracked by the Trump administration are now stalled because of successful legal challenges by environmental groups. And Exostar has announced an agreement with Fujitsu Limited to secure the controlled unclassified information (CUI) exchanged by companies throughout the U.S. Department of Defense’s global supply chain. Afternoon Coffee: your source for procurement and supply chain news.

Customer reviews for GEP are in the new SolutionMap Customer Insights report

This week’s SolutionMap Customer Insights report focuses on customer reviews for GEP, a suite provider of procurement technology. The applicable SolutionMap categories for this report are Source-to-Pay, Procure-to-Pay, and Strategic Procurement Technologies (SPT includes sourcing, analytics, CLM and SRM). SolutionMap Insider members can read about GEP in our latest report. In each Customer Insights report, we provide a one-page summary of details from the SolutionMap peer review process. It includes ratings on how well the vendor meets its customers' expectations, three key differentiators for the vendor and a list of quotes from customers about the vendor’s greatest strengths.

Afternoon Coffee: Utmost announces new workforce solution; Amazon Web Services just got smarter; Unilever to cut plastic use in half by 2025

Utmost, a San Francisco-based start-up, announced that it has launched its first solution, Utmost Extended Workforce System. Unilever has pledged to cut its plastic use in half by 2025. Boeing's beleaguered 737 MAX faces even more headwinds to return to the air, according to the WSJ. And Amazon Web Services (AWS) announced the launch of AWS IQ, “a new service that helps customers quickly find, engage, and do business with AWS-Certified third party experts for on-demand project work." Afternoon Coffee: launching the latest dispatch of procurement and supply chain news.

Afternoon Coffee: UAW, GM still deadlocked after weekend negotiations; U.S.-China trade talks resume

The United States and China are going back to the negotiating table this week in the midst of a heightened trade climate, with another round of U.S. tariffs set to be levied against China later this month. Talks between General Motors and its striking workers for a new four-year labor contract took a “turn for the worse” on Sunday. And the senior director of transportation sourcing and procurement for Walmart Transportation was one of several top supply chain executives to call out the industry's biggest challenge at the American Trucking Associations’ Management Conference & Exhibition this week. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: Apple to increase iPhone 11 production; China steel production continuing to rise…

Apple's suppliers have reportedly been told to step up production of the iPhone 11 by up to 10%, or 8 million units. Steel production has been continuing to grow in China despite capacity cuts. And hospitals look to be the biggest source of corporate renewable energy procurement deals in the near future, according to a Deloitte study. Afternoon Coffee: renew us as your source for procurement and supply chain news next week, won't you? Happy Friday.

Uber Works app launches to match shift workers and businesses via staffing agencies

After about a year of testing, Uber has launched its Uber Works app that uses staffing agencies to help connect shift workers with businesses trying to fill jobs, according to a company blog post.

Spend Matters’ Research Director for labor and services procurement, Andrew Karpie, sees the Uber Works development as part of a longer trend.

“Over the past 10 years, the gig platform economy has emerged in the broader context of organizations using more contingent workers sourced from staffing agencies,” Karpie said. “It has not only created value for consumers and businesses, but has challenged and shaken up the status quo."

Afternoon Coffee: U.S. to hit EU goods with $7.5B in tariffs; Uber Works launches in Chicago; Upcoming webinar targets direct procurement challenges

The World Trade Organization has green-lighted the U.S. request to levy tariffs on $7.5 billion worth of imports from the European Union, including on single malt Scotch whisky. Uber Works has officially launched in Chicago, with the goal of linking shift workers up with shifts. Experts from Spend Matters and GEP are presenting a free webinar next week which will cover how a digitally transformed direct procurement function will work differently with other enterprise functions. And truckers across the U.S. will hold a slow roll protest against three proposed laws that will negatively affect them. Afternoon Coffee: bringing you the latest procurement and supply chain news.