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In reaction to coronavirus, U.S. suspends travel with Europe — but not the UK
March 11, 2020 | JP Morris
In response to the coronavirus outbreak, the U.S. will bar travel from Europe for 30 days, beginning late Friday, said U.S. President Donald Trump in an Oval Office address to the nation Wednesday night. He said the UK, which recently separated from the European Union after the prolonged Brexit debate, is not part of the…
Afternoon Coffee: AP says China’s forced labor aids tech firms; coronavirus news updates; Toptal, Guidant partner to ease talent shortage
March 5, 2020 | Spend Matters Team
The Associated Press has another report about China and the use of forced labor from thousands of people from the Uighurs ethnic group, many of which are Muslim. The AP reports that forced labor is used in Nanchang, China, to make computer screens, cameras and fingerprint readers for tech companies like Lenovo, Apple, Dell and…
Afternoon Coffee: Coronavirus fallout hurts Apple’s revenue forecast; retail sales up again; Geek+ in Americas; AI and 3-D mapping
February 18, 2020 | Spend Matters Team
Apple has said the coronavirus fallout threw its revenue guidance of Jan. 28 out the window. Apple said Monday that it may not meet its quarterly revenue forecast because of lower iPhone supply globally and lower Chinese demand as a result of the coronavirus outbreak. In other news, retail figures out this week show that…
China’s coronavirus outbreak puts global supply chains at risk
February 17, 2020 | JP Morris
The coronavirus has killed 1,665 people and sickened 68,500 in China, with other deaths now reported in Taiwan and France, according to Reuters on Sunday. A special Dun & Bradstreet report, called the “Business Impact from the Coronavirus,” said the risk to companies around the world also is profound — with the outbreak hitting China’s…
Afternoon Coffee: Coronavirus, China and supply chain delays; Tesla batteries; Apple, Taiwan and India; vertical farming
February 3, 2020 | Spend Matters Team
The effort to stem the spread of the deadly coronavirus in China has limited travel and business traffic, so companies are having to check on their supply chains to plan for any disruptions. Spend Matters Europe heard from risk experts about supply chain advice. In other news, China battery maker and Tesla join forces; Apple's…
Afternoon Coffee: U.S. to expand tariffs on metal products; Currencycloud raises $80m with Visa; Reaction to coronavirus ripples outside China
January 28, 2020 | Spend Matters Team
President Donald Trump plans to expand tariffs to include imported products made of steel or aluminum after tariffs on those raw materials from other nations didn’t have his full intended effect to support U.S. manufacturing, The New York Times reports. In other news, the UK fintech startup Currencycloud raises $80 million with Visa and other…
Commodities Roundup: Industrial production dips; housing starts boom; steel capacity; copper deficit; IMF revises growth forecasts downward
January 24, 2020 | Fouad Egbaria
Here’s a quick rundown of news and thoughts from particular commodity markets. MetalMiner, a sister site of ours, scours the landscape for what matters. This week:
Afternoon Coffee: Tariffs, uncertainty remain after U.S.-China trade deal; 6 AP automation firms merge into 1; federal supply chain plan decried
January 16, 2020 | Spend Matters Team
After the United States and China signed the phase one of their trade deal yesterday, businesses are trying to figure out what the tariffs and terms mean for their supply chains. In other news, six expense and AP automation firms — Abacus, Captio, Certify, Chrome River, Nexonia and Tallie — merge into one and call…
Afternoon Coffee: U.S., China sign initial trade deal; Amazon ends FedEx ban; Cleo updates solution; ‘50/50’ for 2020
January 15, 2020 | Spend Matters Team
The U.S. and China on Wednesday signed phase one of a trade agreement that begins to curb a trade war in its second year. In other news, Amazon eases its ban on using FedEx Ground. And the implementation provider Cleo updates its solution that helps supply chains. Afternoon Coffee brings you the latest news in…
Afternoon Coffee: Tradeshift restructuring; Is ‘New Law’ like Atrium disrupting itself?; U.S. won’t label China a currency manipulator; Shelby Group funding
January 14, 2020 | Spend Matters Team
Tradeshift announces a $240 million funding round, and CEO Christian Lanng talks to Spend Matters about the details, strategy and the future. Read the full interview here. In other news, China won't be labeled a currency manipulator, the U.S. Treasury says. And catch up on interesting developments in New Law, where tech considerations have outweighed…
Afternoon Coffee: It’s time to update Almanac for “50/50”; U.S.-China trade war analyzed; 737 Max grounding may hurt GDP
January 13, 2020 | Spend Matters Team
This year, the annual Spend Matters “50 Providers to Know” and “50 Providers to Watch” lists will be released April 22 at the SIG Procurement Technology Summit in Florida. To be considered for the lists, your company must have an up-to-date listing in the Spend Matters Almanac. Be sure to add or update your listing…
Commodities Roundup: WTO rules on Airbus subsidies, GM strike drags on, steel prices decline
October 11, 2019 | Fouad Egbaria
For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets. MetalMiner, a sister site to Spend Matters, scours the landscape for what matters. This week:

The state of dynamic discounting in B2B payments : David Gustin said : Yes, because they do not offer an einvoicing or AP automation software. They are more a Treasury to...

The state of dynamic discounting in B2B payments : Robert Solomon said : Hasn't C2FO made an entire business based on taking gain share from dynamic discounting?...

5 Tips and Considerations for Your Next Spend Analysis RFP : Puneet Jain said : What is a typical spend threshold when a company should go for an RFP for sourcing indirect purchase...

‘The answer to a better nation is supplier inclusion’ : Donna Wilczek said : Very true. The existing silos between teams limit supplier inclusion program impact. Making the supp...

‘The answer to a better nation is supplier inclusion’ : Daryl Hammett said : Robert, I agree. We should pivot from the old mindset of Maintenance, Repair, and Operating Supp...