Afternoon Coffee Content

Afternoon Coffee: Deloitte Global CPO Survey webcast tomorrow, last chance to register! And other procurement and supply chain news

Tomorrow, experts from Deloitte and Spend Matters will come together on a free webcast to shed more light on the 2019 CPO Survey findings, and to give attendees a roadmap for how to become a "procurement master." WhiteHawk Limited today announced the extension and expansion of a contract to provide its Cyber Risk Radar to a well-known U.S. company for supply chain risk management. And agri-tech solutions provider HerdX and UPS have linked up for a global logistics partnership for a blockchain-verified beef shipment from a U.S. farm to Japan. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: Workday-Scout RFP and SM Nexus week in review; China trade talks progressing well

Last week, in its first official week as a standalone subscription offering, Spend Matters Nexus covered the Workday-Scout RFP acquisition in detail, with deep dives and competitive landscape views that are unparalleled in the research and intelligence market. (So thorough was the coverage blitz, that Nexus is taking the rest of this week 'off' and will resume the following week.) The U.S. will only make a trade deal with China if the deal was “right,” said U.S. President Donald Trump on Saturday. And third-party logistics providers are struggling to keep up with the need for qualified workers. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: Workday-Scout RFP inspires first ‘Friday Rant’ on SM Nexus! And other end-of-week procurement news

Workday’s acquisition of Scout RFP not only sparked some of Spend Matters founder and Nexus managing director Jason Busch’s most inspired work from a strategic writing standpoint, it also gave birth to the first (mini)-Friday Rant within a Spend Matters Nexus article. The aircraft leasing subsidiary of General Electric, has ordered 25 Airbus aircraft. Peugeot maker PSA Group and Fiat Chrysler will retain all of their car brands if their planned $50 billion merger goes ahead. And a port in Oakland, California, reported a rise in exports last month. Afternoon Coffee: happy Friday, procurement and supply chain folks!

Afternoon Coffee: Upwork’s Q3 financials show progress; Toptal launches Staffing.com; Soybeans under fire; China agrees to cancel tariffs in phases

China's Commerce Ministry has said China and the U.S. have consented to scrap the tariffs imposed in the on-going trade war, but in phases. Upwork Inc., the largest online talent solution based on GSV (gross services volume), reported its Q3 2019 financial information Tuesday with positive results across the board. Talent network Toptal announced the launch of Staffing.com to foster conversations pertaining to the future of procurement and staffing at large enterprises, among many other things. And U.S. soybean cargo was caught in a duty crossfire in — where else? — China. Afternoon Coffee: your source for procurement and supply chain news.

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 for the services sector. Jason Busch, managing director of Spend Matters Nexus, follows up yesterday’s coverage blitz 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. And here are 5 things you should know before shipping across the U.S.-Mexico border. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: What Workday-Scout RFP acquisition means for procurement; Coca-Cola on board with SAP’s blockchain solution

Workday's acquisition of sourcing technology provider Scout RFP has many abuzz this morning, and Spend Matters has you covered with the details of the news and deep-dive initial analysis of the deal. Coca-Cola has become the latest major corporation to recognize the advantages of blockchain technology. And the National Security Commission on Artificial Intelligence has raised concerns about A.I. development in China. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: New metal pricing platform enters market as powerful alternative; Spend Matters Nexus officially launches; Apple seeks iPhone exemption from U.S. tariffs

“MetalMiner offers a compelling alternative metal pricing and intelligence platform for American Metal Market (AMM) customers because it uniquely combines real-time forecasting with metal prices,” according to Don Hauser, the lead steel buyer for a major OEM. Spend Matters officially launched a new subscription service, Spend Matters Nexus, with content specifically written for founders, CEOs, corporate development leaders, and the private equity and investment community interested in the procurement landscape. And Apple asked the U.S. government for a waiver on tariffs on Chinese-made Apple Watches, iPhone components and other products. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: Latest ISM PMI still in contraction territory; In U.S.-China trade war, Canada’s the winner in supplying lobster

The Institute for Supply Management (ISM) reported a still-contracting PMI reading for November at 48.3%, up only slightly from 47.8% the previous month. A paper published in the International Journal of Production Research has pointed out that blockchain technology has the potential to transform global supply chain management. And Beijing’s tariffs on American lobster have hit the exports of the Maine delicacy — so Canada has moved in to fill the growing demand. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: Doubts over cocoa imports; Uber, Lyft drivers propose California ballot measure; Golden age of supply chain uncertainty

Global companies must focus on the economics of supply chains amid uncertainties such as the U.S.-China trade dispute and Brexit, said the CEO of Barclays at a recent forum. U.S. Customs and Border Protection officials paid a visit to Ivory Coast recently to probe whether cocoa production there used forced or child labor, to decide whether the U.S. should block cocoa imports. And drivers for several gig-economy-platform businesses have announced “a statewide ballot measure for the November 2020 ballot,” according to TechCrunch, aiming to ensure drivers and couriers can continue to be independent contractors with flexible work hours. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: U.S. GDP up in Q3; Premier snags cost management platform Medpricer; Tradeshift, Genpact partner up

The U.S. economy grew at 1.9% in the third quarter, a bit more slowly than in the previous quarter, but tempered by good consumer spending and a strong housing sector. Global professional services company Genpact has strategically partnered with payments firm Tradeshift to enable enterprises to transform accounts payable and procurement processes. And Premier Inc., a leading healthcare improvement company, announced that it has acquired cost management platform Medpricer. Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: Learn how Unilever is overcoming contract management challenges – free webinar, last chance to register! And other procurement news

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.” Afternoon Coffee: your source for procurement and supply chain news.

Afternoon Coffee: Getting closer to deal on USMCA; ProProcure’s new tool G-Quotes in the spotlight; Brexit gets ‘flextension’ to 2020

Dealmaking intensifies for getting a vote on the USMCA this year, Politico reports, as the number of issues left to iron out dwindles. G-Quotes is the latest development from e-procurement provider ProProcure, essentially “an online quote-building tool that bridges the gap between the e-commerce needs of suppliers and an enterprise’s requirement to increase levels of automation, control and traceability in purchase requisition,” as Spend Matters UK/Europe highlights today. And the Brexit can gets kicked down the road yet again. Afternoon Coffee: your source for procurement and supply chain news.