We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we should bring to your attention, and some of our own you may have missed - we'll have more from our analysts in the coming days ...
Sustainability: the new recruitment advantage
EcoVadis writes about the current labour market, as many countries are seeing the lowest unemployment rates in decades. The race to recruit and retain top talent is competitive and procurement and supply chain management teams are feeling the pressure. There is a shift in top priorities for employees; sustainability is top of the agenda.
How to get independent professionals into your company’s contingent workforce plan
In a look at the contingent workforce, MBO Partners' “Client of Choice Report 2019” explores the changing needs and expectations of the independent professionals and what corporations are doing to attract and retain the best talent in this emerging labour market.
Upland introduces professional services automation solution suite
Upland, a cloud-based enterprise work management software provider, announced the launch of Upland PSA, “the first knowledge-enabled Professional Services Automation platform that augments services automation with proposal automation, voice of the customer and employee surveys, customer reference management, and insights-driven business intelligence.”
H&M announces transition to 100% sustainable cotton by 2020
H&M’s wider plan is to convert to 100% sustainable or recycled materials by 2030. They hit 57% in 2018, up from 35% in the previous year. They are also looking to remove conventional cashmere due to issues with environmental and animal welfare.
Jaggaer recently announced the release of Jaggaer ONE 19.1, the latest version of the provider’s unified spend management platform. “19.1 delivers features that facilitate international commerce and provide critical visibility and efficiencies to everything from supplier and contract management to procurement,” said Zia Zahiri, CTO of JAGGAER.
Ariba Live 2019: SAP Ariba, SAP Fieldglass Joining Forces
Spend Matters analysts Xavier Olivera, Pierre Mitchell and Jason Busch attended SAP Ariba Live last week in the US. This is the first time the customer event has been co-located with the SAP Fieldglass Summit. The two divisions are now “one” within SAP, here’s some commentary on that development and here are a couple of stories reported from the event live:
Rethinking Plastics – Sources and Solutions – The World Plastics Council
Igniting Change Through CSR - Nestlé
Basware Named a P2P, I2P and eProcurement Leader
Basware announces that customers and analysts named Basware a Procure-to-Pay, Invoice-to-Pay and eProcurement Leader – highlighted by Q1 SolutionMap and recognised as a Value Leader for all five buying personas.
Cirque du Soleil: using digital transformation for procurement efficiency
Uplifting story from Fulya Oguz and her team of costumes and operational buyers about how Cirque du Soleil manages unique procurement on its digital transformation journey. She manages the operational procurement team within the company’s supply chain operations, which focuses on strategic sourcing, travel management, customs and logistics. She ensures all internal business units are supported with solid contracts, efficient procurement processes, and good risk management.
Unilever in marketing procurement shake up
New procurement changes at Unilever mark a significant shift from the FMCG giant's current structure, where marketing and advertising were handled as part of a two-tier system with separate boards of directors. It is a model that is no longer sustainable for the company, it has sought to simplify its business by establishing three separate marketing procurement teams.
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