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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…
Future 5 start-up winner graphiteConnect talks increasing importance of supplier networks
December 3, 2020 | Sally Ehrmann
graphiteConnect has become known for its data library used for supplier relationship and risk management, and was recently named a Future 5 start-up by Spend Matters. We chatted with graphiteConnect’s founder and CEO, Conrad Smith, to learn more about the solution and to hear first-hand just what it means to be selected as a Future…
Making Sense of Supply Risk Management Solutions (Part 3) — A Look at 8 Supplier Management Providers - [PRO Content]
July 9, 2020 | Pierre Mitchell
“Supplier management,” often called “supplier lifecycle management,” is an area that procurement practitioners struggle with because of its complexity (as is the intersecting area of supply risk management that we’re covering in this series). Supplier management generally breaks out into two main areas: Extracting value from supplier relationships. This includes supplier performance management (SPM), supplier…
Xeeva: Vendor Analysis (Part 3) — In-Depth Solution Overview - [PRO Content]
June 25, 2020 | Magnus Bergfors and Michael Lamoureux
In this third and final part of our Spend Matters PRO Vendor Analysis of Xeeva, we provide a complete overview of each main module of the Xeeva offering, which covers most areas of an S2P suite. Part 1 of the series focused on solution strengths and weaknesses, and Part 2 focused on Xeeva’s competitors and…
Xeeva: Vendor Analysis (Part 1) — Company Background, Solution Strengths/Weaknesses - [PRO Content]
June 23, 2020 | Magnus Bergfors and Michael Lamoureux
The source-to-pay space is starting to get crowded. While it was only a dream a scant decade ago, with a couple of providers offering minimal S2C or P2P suites, in the last five years we've gone from just a few players to more than 10 that now compete with more or less complete S2P suites.…
Supplier management — the need to implement at speed in times of crisis
May 11, 2020 | Nancy Clinton
Spend Matters in the U.S. and in Europe has amassed a whole spectrum of insight through our Coronavirus Response series to bring you a set of go-to places for specific guidance and advice during this time of crisis. One key area is supplier information and performance management (SXM). To that, we recently joined a webinar-based…
‘E-Sourcing Execution’ Competitors: Defining the Market Landscape (Part 1) — Introduction - [PRO Content]
May 11, 2020 | Magnus Bergfors
“E-sourcing” emerged as a term in the 1990s as Freemarket and others developed solutions to enable organizations to negotiate online. The problem now is that sourcing, and especially strategic sourcing, encompasses more than what the traditional e-sourcing solutions supported. We are therefore introducing the term “e-sourcing execution” solutions that in our opinion more accurately reflects…
Coupa buys ConnXus: Product Background and Deal Rationale - [PRO Content]
May 4, 2020 | Nick Heinzmann
Coupa announced Monday it has acquired ConnXus, an Ohio-based provider of supplier relationship management and diversity solutions, for an undisclosed sum. The deal continues Coupa’s ongoing R&D investment augmented by its corporate development streak. Over the past 18 months the San Mateo, California-based S2P provider has acquired five firms, including another in the SRM space,…

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E-procurement as a strategic weapon — With BuyerQuest acquisition, ODP preps for war in omnichannel B2B : Jason Busch said : From an antitrust standpoint, I wonder if this makes ODP + Staples look like less of a competitor by...

Procurement in Practice: Sustainability — Getting from the pledge to action at Bayer : Fabian Lampe said : Having worked for Bayer and Unilever I really must say that the pledge and the ambition is bold and ...

Demystifying the role of technology in supply chain finance: Blockchain : Riya Kaif said : Insightful article on the role of blockchain technology in supply chain finance. Looking forward to ...

Study Finds Nascent Adoption of AI and Robotics in Retail and Manufacturing Supply Chains : Elena said : As robots increasingly move from warehouses to shopfronts, embedding Artificial Intelligence (AI) in...

Afternoon Coffee: November PMI registers seventh consecutive month of growth; US Supreme Court hears suit on child labor in cocoa supply chain; Medius announces partnership with Changepond : Oliver Harris said : Indeed, RPA is the primary factor and an entry-level strategy to digitally transform your business e...