Afternoon Coffee Content

Afternoon Coffee: MercadoLibre Looks to Hold Off Amazon; Tipalti to Improve Customers’ B2B Payments Experience

The Argentinian e-commerce company MercadoLibre Inc. is looking towards the long term in their battle to hold off industry giants such as Amazon. Tipalti, a provider of global payables automation solutions, announced that the company is upgrading its PayPal services offering "to help customers execute PayPal payments to their suppliers even more effortlessly." And in 2016, counterfeit goods made up 3.3% of all global trade volumes, up from 2.5% in the previous year. Afternoon Coffee: the latest in procurement and supply chain news.

Afternoon Coffee: Ivalua Intros P2P Quick Deployment; Caviar Prices Plummet

Ivalua, a provider of spend management solutions, today announced its P2P quick deployment package, which will allow customers to roll out a full version of the company’s P2P solution in 8-12 weeks. China has flooded the caviar market, sending prices plummeting for what is supposed to be a rare delicacy. And the national average price for diesel has dropped for the first time in five weeks. Afternoon Coffee: the latest in procurement and supply chain news.

Afternoon Coffee: IBM Food Trust Blockchain Nabs 2 More Companies; California Ports Post Solid Reports

Thomas Foods International and Drakes Supermarket have both signed up to join the IBM Food Trust blockchain. Both the Port of Long Beach and the Port of Los Angeles posted solid numbers for the month of February in their respective reports last week. And UK Speaker of the House John Bercow has ruled out a third vote on the rejected Brexit agreement if the motion remains substantially the same. Afternoon Coffee: bringing you the latest procurement and supply chain news.

Afternoon Coffee: Boeing Supply Chain Issues; Brexit Officially Delayed; Tyson Asks, Where’s the Beef?

Boeing has officially paused delivery of 737 Max 8 jets in the wake of the Ethiopian Airlines crash — but will that put a significant dent into the company’s bottom line? Tyson Fresh Meats are using a new DNA process to track beef from the farm to the customer. And could things get any more chaotic with Brexit? After MPs voted to push back the March 29 deadline to leave the EU, the answer is...probably. Afternoon Coffee: bringing you the latest in procurement and supply chain news.

Afternoon Coffee: Amazon Ending Pricing Parity; Small Parcel Spend Webinar Today!

Amazon is reportedly ending its “pricing parity” policy, which will not only help consumers have more choice on Amazon.com, but also in B2B for Amazon Business, according to Spend Matters' Pierre Mitchell. (Speaking of Pierre Mitchell, don't miss the small parcel spend webinar he's participating in today!) And MobileXpense, a Belgian provider of mobile T&E management solutions, is acquiring Sweden's eBuilder Travel. Afternoon Coffee: bringing you the latest in procurement and supply chain news.

Afternoon Coffee: Brexit Woes; Coupa Earnings; How Telecom for Uber Equates to Logistics for Amazon

Spend Matters' Pierre Mitchell takes a look at how telecom for Uber equates to logistics for Amazon, ahead of sitting in on a webinar tomorrow with some deep transportation experts over at Spend Management Experts. Another withdrawal deal by PM Theresa May has been voted down in the U.K. And Coupa's earnings report is hot off the press. Afternoon Coffee: bringing you the latest in procurement and supply chain news.

Afternoon Coffee: Boeing 737 Max’s Troubles Worsen; Upcoming Webinar on Rising Small Parcel Costs

For a product “family that generates almost one-third of the company’s operating profit,” the Boeing 737 Max jet has picked a terrible time to be in the negative spotlight. According to a forthcoming report from SAP Ariba, the majority of CPOs consider digital transformation important to improve performance. And if you're dealing with rising small parcel shipping costs, join our webinar, held with NPI and Spend Management Experts, on Thursday, March 14 at 1 p.m. Central!

Afternoon Coffee: Coupa, Ivalua, Jaggaer and SAP Ariba, Compared; Hospitals Still Way Behind on Supply Chain Analytics

Almost half of hospitals are still using manual processes and tools such as spreadsheets to manage their supply chains. The Spend Matters Team has done a deep dive on four of the top performing S2P suite vendors in the Q4 SolutionMap functional benchmark: Coupa, Ivalua, Jaggaer and SAP Ariba. And companies are finding new ways of leveraging digital sustainability intelligence. Afternoon Coffee: the latest procurement and supply chain news that matters to you.

Afternoon Coffee: USTR’s 2019 Trade Policy Agenda Released, Walmart Tightens OTIF Policies, Blockchain Hacking (Oh My)

The Office of the U.S. Trade Representative released its latest trade policy agenda for 2019. Walmart continues to incrementally pressure its suppliers on delivery times. Unhackable blockchains are getting hacked (what?), and we take a look at what the heck folks are buying when they purchase accounts payable (AP) technology. Afternoon Coffee: the procurement and supply chain news that matters to you.

Afternoon Coffee: CIPS Nabs a Gates Foundation Grant; Auto Supplier Update; Apple Details Supplier Responsibility

The Bill and Melinda Gates Foundation has awarded the Chartered Institute of Procurement & Supply (CIPS) a grant to improve the procurement of medical supplies across Africa. Speakers from manufacturers and intelligence firms shared their thoughts on the risks posed to the auto industry — both regionally and globally — at the 2019 West Michigan Automotive Suppliers Symposium this morning. And Apple released its annual Supplier Responsibility Progress Report today. Afternoon Coffee: the latest in procurement and supply chain news.

Afternoon Coffee: U.S. Trade Deficit at 10-Year High; Payment Provider Nvoicepay Snapped Up

U.S. Commerce Department data showed Wednesday that the U.S. trade deficit widened in 2018 to $621 billion, its highest in a decade, according to Bloomberg. Fleetcor, a commercial payment (primarily card) solutions provider, has signed a definitive agreement to acquire Nvoicepay, Inc., a leader in full AP automation for businesses. And the U.S. auto market is staring down lower sales figures. Afternoon Coffee brings you the latest procurement and supply chain news.

Afternoon Coffee: Office Depot, Alibaba.com Partner Up; Certify, Chrome River to Flow as One

Office Depot and Alibaba.com are joining forces to empower small- and medium-sized businesses to more efficiently tap into the global B2B commerce market. Certify and Chrome River Technologies, two travel & expense providers who also offer invoice management software, will merge in a deal that’s valued at over $1 billion. And the latest report from freelancer site Upwork dissects hiring manager behavior across key generations. Afternoon Coffee brings you the latest in procurement and supply chain news.