Sourcing and Categories Content

IT Supply Chain: Tech sales see some silver linings

IT market trends

COVID-19 continues to depress some parts of the economy but, from a financial perspective, there were some silver linings. Sales in technology that support work and play at home were on the rise in September, giving the IT supply chain and business users some much needed respite in what has been a difficult year for supply of these products.

As per usual, it was not all rosy, and fortunes continue to drop in the smartphone market. No one can deny the general downturn in sales in this category. To help navigate the ups and downs and maintain a clear view of what represents a fair price, here are some of the latest developments and major movements that are influencing key IT product categories.

COVID continues: Expect limited travel, more need for e-auctions and remote supplier relationship management

Global Risk Management Solutions (GRMS)

The coronavirus crisis has reshaped the business world’s thinking about working remotely. “Work from home” can be done, but it needs to work better — especially because the pandemic continues to curtail the types of interactions that help grow a business: international travel, face-to-face meetings to land new clients, visiting existing suppliers or moving supply chains to a new country.

With borders closed and more infections and lockdowns expected in the fall and winter, emergency plans that worked in the spring need to be bolstered with more robust digital transformation plans that add functionality like e-auctions and supplier relationship management (SRM).

And in addition to tackling the COVID-19 disruptions, better digital interactions are needed to address the forces that were reshaping global supply chains before the crisis hit.

SolutionMap Fall 2020 launches, now ranking 77 procurement technology vendors

Grab a comfy sweater and a hot pumpkin spice latte (don’t judge): It’s time for the latest SolutionMap release.

With today’s launch of the free SolutionMap Fall 2020 release, Spend Matters’ analysts have assessed 77 procurement technology vendors, adding 12 providers since our Spring 2020 update.

SolutionMap, which began in 2017, has become the definitive procurement technology benchmark due to the depth of analyst assessments, quantity of real-life customer inputs and frequency of release (twice a year) to accurately reflect vendor capabilities and market developments.

SolutionMap rankings are updated to reflect a vendor’s number of customers, employees and revenue per customer

In past SolutionMap charts, a vendor’s “bubble size” solely indicated its number of customers. While that demonstrated some level of market penetration, it did not adequately convey a vendor's experience and resources to handle complex global deployments ... so, we updated it.

Commodities Roundup: Tata bailout in the U.K.?; Silver steadies; Iron ore takes a breather

commodities

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.

New solution Fiverr Business continues Fiverr’s up-market move, helps teams collaborate remotely with freelancers

network

Fiverr International Ltd., the online freelance services marketplace, announced the launch of Fiverr Business. The new subscription-based solution provides a way for larger, buy-side organizations to engage and work with freelancers. As such, it is a step up-market for Fiverr and a way to respond to a market adopting remote work models amid the coronavirus disruption.

Commodities Roundup: RARE bill targets rare earths; U.S. steel capacity rate rises; Copper supported by supply fears

commodities

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:

Commodities Roundup: Auto sales rise in China; U.S. steel capacity utilization falls; European metals firms push for level playing field

commodities

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: