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Coronavirus disruption puts spotlight on nations in 2020 FM Global Resilience Index
May 27, 2020 | JP Morris
As the coronavirus disruption affects nations around the world, the insurance firm FM Global recently released its 2020 Resilience Index, examining economic indicators, risk factors and supply chain issues in 130 countries around the world — ranking the nations by the resilience of their business environments. “The pandemic of 2020 has tested the resilience of…
Coronavirus-era advice: Tips on asking suppliers for payment-term extensions and other concessions
March 26, 2020 | Jason Busch
Disruption from the coronavirus outbreak is forcing some tough conversations about payments. It’s never an easy topic, but asking suppliers for concessions on a call or video chat in an empathetic manner — or even pre-empting the discussions by socializing ideas early — is far more effective and conducive for relationship-building and joint development than…
Spring/Q1 2020 SolutionMap release note: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management and Strategic Procurement Technology Suites
March 24, 2020 | Spend Matters Team
This Spend Matters SolutionMap Insider release note provides insight into the Spring/Q1 2020 SolutionMap release for the following five categories: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management, and Strategic Procurement Technologies Suite. The note reviews the process we follow and highlights what has changed since the last release. Also,…
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, 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…
Supply chain outlook: Digital visibility, agility are needed for this year’s top 10 concerns for manufacturers
January 16, 2020 | Guest Contributor
Spend Matters welcomes this guest post from Frank McKay, the Senior Vice President & Chief Procurement Officer for Jabil Inc., a global manufacturing solutions company with a focus on electronics. After weathering volatility over the past few years, the business climate in 2020 is shaping up to be a better year for supply chain managers,…
Commodities Roundup: Risk Mitigation, Aluminum and Housing Starts
August 23, 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 of ours, scours the landscape for what matters. This week:
Protect Against These Risks when Working with Third-Party Vendors
June 25, 2019 | Guest Contributor
Spend Matters welcomes this guest post from Matt Kunkel, the CEO of LogicGate, a provider of risk management solutions. A recent study revealed more than 60% of organizations in the U.S. that have encountered a data breach were compromised because of a third-party vendor. Organizations use vendors as a means to efficiently complete tasks, but…
2019’s global hurricane season to be active, DHL Resilience360 reports about supply chain risks and safeguards
June 24, 2019 | Alex Behrens
Severe weather poses one of the greatest threats and the least predictable risks to global supply chains within our modern globalized economy. The summer hurricane season is a particularly problematic time because nearly half the planet, and a majority of the production capacity for many industries, are located in areas routinely struck by catastrophic weather…
Resilience360’s First Risk Report A Snapshot of Problems for Last Year, 2019
May 6, 2019 | Kyra Senese
The supply chain risk environment is continuously evolving, DHL Resilience360 executives Tobias Larsson and Shehrina Kamal state in Resilience360’s first Annual Risk Report that looks at last year’s big issues and problems to come in 2019. “Risks are increasingly being called out in companies’ publicly filed financial statements, and as supply chains become more strategic,…
Are Supplier Relationships Evolving with Technology for Better or Worse?
May 1, 2019 | JP Morris
As the digital transformation of procurement matures, relationships with suppliers are changing — in good ways and in challenging ways. To give us a close-up view of developments in supplier relationship management, we did a Q&A with Daryl Hammett, the general manager of ConnXus, a provider whose SRM solution helps buyers and suppliers work together…
Sustainability, Environmental Stewardship and CSR: The CPO’s Outside-In Agenda (Part 2A) - [PRO Content]
March 28, 2019 | Nick Heinzmann and Michael Lamoureux
In this first installment of this Spend Matters PRO series (see Part 1A and Part 1B), we noted that a number of pressing issues are shaping procurement from the outside in, yet chief procurement officers (CPOs) are primarily still concerned with issues set by an inside-out agenda — that is, cost cutting and supply assurance…

Procurement Leaders moves its event to the fall as a coronavirus precaution : Loqualist said : Tough times for business. Entreprises have to be strong. Where can we find the exact new dates for t...

AI will shift our industry even more than the internet did 20 years ago. Here’s why. : Peter Smith said : "AI will shift our industry even more than the internet did 20 years ago" Nope. Don't think s...

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...