In Case You Missed It … Procurement and Supply Market Roundup

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.

This year’s bumper crop of procurement predictions – Magnus Bergfors responds

Here is a succinct roundup with links to all our provider predictions for 2020 in one place. It is followed by an analysis of the predictions from our resident analyst Magnus Bergfors who tackles the main themes that occur across the vendor predictions: data and analytics, UX and automation (AI) and risk, sustainability and CSR. Read that here.

Coupa acquires Yapta, boosting its T&E capabilities

Our US Editor, JP Morris, reports on the acquisition by Coupa of Yapta, a solution that monitors airline and hotel prices in real time and rebooks at the lowest price when they drop. This addition to Coupa’s business spend management suite of offerings bolsters its travel and expense capabilities, according to the announcement – read that here. And in a following Pro piece, our analysts take a closer look at the deal and the capabilities it brings.

2020 Digital Procurement Series: Predicaments and Predictions

Starting next week, Spend Matters’ analyst team will be publishing a series of 2020 procurement predictions within their respective industry areas which look at, basically, what is broken and how to fix it, in a retrospective vs outlook approach. There analyses will be based on: the largest digital procurement capability/vendor gaps that are plaguing practitioners, some higher-probability scenarios and supply-side questions, predicaments and pain of digital procurement, and more. Look out for those to come.


And in other news …

Accenture to acquire provider of customer experience, customer relationship management consulting, optimisation and ongoing enhancement services firm, Maihiro

Can PQQs be a valuable tool for managing supply chain sustainability? Analysis and findings

Firms partner to accelerate Best Value adoption in Belgium

EcoVadis gets $200 million boost for its sustainability ratings and supply chain technology

 Brunei Shell Petroleum Selects SMART By GEP® Unified Procurement Software

Coffee industry looks to blockchain to brew a better supply chain

Bristlecone Labs launches - smart supply chain app for unforeseen risk

Contract management platform Juro raises $5m Series A

Data tech startup DPL closes £1.3m funding

UK SMEs chasing £50bn in late payments


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