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.
Dispatches from SIG
At this week's online SIG Procurement Technology Summit from The Sourcing Industry Group, the Spend Matters team have been attending various sessions and reporting back:
The coronavirus crisis ‘has forced everyone’s hand’ to adopt technology - our US editor JP Morris reports on the opening keynote video Q&A between SIG President and CEO, and GEP's Vice President of Technology on the coronavirus disruption and the importance of embracing digital transformation.
Analyst Andrew Karpie reports on Services Catalogs, Automating the SOW Build and Deep Analytics exploring technology for SOW-based services procurement.
Associate editor Kyle Schultz reports on the session between Spend Matters Chief Research Officer Pierre Mitchell, and Founder Jason Busch on Creating Your Procurement Technology Action Plan (TAP).
Marketing manager Morgan Zombolas attended Becoming a Customer of Choice or How to Avoid Hearing ‘You’re Fired!’ - a panel discussion from CDK Global with representatives from both the customer and supplier side.
More to come next week.
Coronavirus: vendor and supplier news
See also last week's roundup for more firms' initiatives. This week - in no order other than when it arrived in our inbox:
MSDUK launches COVID-19 Virtual Marketplace
The MSDUK virtual marketplace assist public and private organisations source essential supplies from diverse businesses, giving them access to MSDUK Certified EMBs providing these goods and services. Access that here.
British cyber company signs deal to supply 50 million covid-19 digital health passports to 15 countries
International Digital Health Technology firm Circle Pass Enterprises (CPE) has signed a deal with VST Enterprises Ltd (VSTE), a British cyber security company, to integrate its state-of-the-art VCode® & VPlatform® technologies into the COVI-PASS™ Digital Health Passport. Read more here.
HS2 takes steps to support cash flow of its supply chain during COVID-19 pandemic
HS2 is accelerating payments to all companies directly within its supply chain, processing approved payments immediately when funds are available, rather than on the contracted payment terms. Tier One contractors in the HS2 supply chain are to mirror this and have the duty to ensure the approach is followed through all tiers of the supply chain. Read more here.
And in other news ...
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