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Johnson & Johnson COVID-19 vaccine contamination could have been avoided with traceability, monitoring of supply chain risk from procurement
April 6, 2021 | Sally Ehrmann
Mix-ups in supply chain and procurement happen. But when it’s a high-profile issue, like the recent Johnson & Johnson Covid-19 vaccine mishap, it can make the general public distrustful and leave procurement professionals wanting to lend their expertise. Although the mass vaccination effort is more of a focus for supply chain teams, it’s actually a…
PaymentWorks: Vendor Analysis — Solution Overview for Supplier Information Management and Fraud Prevention, Roadmap, Customer Feedback, PaymentWorks Competitors, Analyst Insights - [PRO Content]
April 1, 2021 | Nick Heinzmann
This Spend Matters PRO Vendor Analysis provides an overview of PaymentWorks and its solution for supplier information management and fraud prevention. The largest source of cyber-crime in the US is, unfortunately, directly connected to proper procurement processes. According to the FBI, half of cyber-crime targets B2B payments, often via business email compromise (BEC), where fraudulent…
What role can procurement play in freeing up cash in the wake of Covid?
March 30, 2021 | Guest Contributor
Companies in diverse industries, including manufacturing and retail, are bracing for a hit to their results amid halted production, supply issues and changed consumer behavior. Reduced revenues can impact a company’s overall financial situation and force them to rely on liquidity reserves, raise additional capital or reduce spending to make up for a shortfall. Adding…
Robobai: Vendor Analysis (Part 2) — Product deep dive, SWOT, Robobai competitors, analyst summary - [PRO Content]
March 17, 2021 | Michael Lamoureux
Spend Matters’ two-part PRO Vendor Analysis will shed light on Robobai’s capabilities and competitors. Part 2 will provide a deep dive on solution features, a company SWOT and an analyst summary. It’s not easy to KYS, or know your supplier. It’s more than a conversation, a historical transaction analysis, a few questionnaires or D&B financial…
Robobai: Vendor Analysis (Part 1) — Solution overview, strengths/weaknesses, tech selection tips - [PRO Content]
March 16, 2021 | Michael Lamoureux
Robobai, a relatively new entrant to the source-to-contract arena, realized the best way to do supplier risk, or know-your-supplier (KYS), is to build an analytics-backed supplier management platform that could track and analyze spend, performance, commitments (contracts) and risk. So the Australian firm built an analytics-backed KYS platform that could also support the creation and…
Spend Friends podcast: Supply chain resiliency comes from people and sharing information, expert Steve Hollis says
March 15, 2021 | Sally Ehrmann
As businesses try to solve the supply chain problems seen during the coronavirus disruption, the answer actually lies in people and relationships, according to Steve Hollis, a business owner who said supply chain resiliency comes when suppliers share information with one another and see the spend through to the end. Last week, Hollis was a…
Public Spend Forum: Public Spend For-Her, AR/VR in 2021 and supplier shortlists made simple
March 12, 2021 | Nancy Clinton
Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public buying everywhere. GovShop is its free-to-use global government market research tool for finding and connecting with suppliers. Here's the latest from PSF:
Supplier collaboration: Turning the dial on the innovation and sustainability agenda
January 20, 2021 | Brand Studio
We’ve seen from 2020 the importance of organizational resilience, both operational and strategic. The core to that resilience lies with supplier/buyer relationships and collaboration. What 2020 therefore has also highlighted is the need for nimbleness, speed and flexibility in doing that. And that is one of the reasons why supplier collaboration initiatives have become so…
Prewave: Vendor Analysis — Solution & Platform Overview, Vision & Roadmap, Market Analysis and Analyst Assessment - [PRO Content]
January 12, 2021 | Pierre Mitchell
This Spend Matters PRO Vendor Analysis provides an overview of the supply intelligence provider Prewave, its solution, technology, value proposition and position in the marketplace. The COVID-19 pandemic has clearly highlighted the danger of losing visibility of upstream supply conditions. Many critical suppliers have been threatened by severe demand reductions and internal operational challenges (including…
2021 Procurement and Supply Chain Predictions from the market — Tradeshift
January 6, 2021 | Nancy Clinton
Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months and beyond,…
2021 Procurement and Supply Chain Predictions from the market — EcoVadis and Ivalua
December 23, 2020 | Nancy Clinton
Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months, using learnings…
How procurement can lead amid a fractured global economy
December 15, 2020 | Guest Contributor
A redrawing of global supply lines is under way. Amid this uncertainty, resilience is the new supply chain imperative. Across industries, there is growing recognition that managing supply chains for maximum efficiency hampers companies’ ability to respond to risk events. And the frequency of such disruptions is rising, with a recent McKinsey Global Institute survey…

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Investor perspective: Direct procurement technology has an identity crisis : Bryan Baum said : great insights!...

After Basware, Justin Sadler-Smith joins Jaggaer to lead Northern European sales, talks innovation with Spend Matters : peter smith said : Good move for Jaggaer - Justin knows what he's doing! Look forward to seeing how he makes his mark. ...

Proactis to be acquired by Pollen Street Capital : peter smith said : Jason Busch successfully predicting M&A developments in the procurement technology world? Well I...

Public Sector Services: What a ‘Person Year’ is and Other Work-Hour Quirks for Government Contracting : Nick deVries said : The average service provider responding to a public sector RFP can be confident the productivity of ...

5 Essential E-Procurement Operations Capabilities : Elizabeth Mabinty Amara said : These note are useful...