In today's headlines, the November PMI registered 57.5%, a seventh consecutive month of growth. In other news, the US Supreme Court is hearing arguments in a law dealing with the supply chain of cocoa and its child labor problems. Also, Medius and Changepond Technologies are partnering to take on digital transformation of AP Automation. Afternoon Coffee brings you the latest in procurement and supply chain news.
In today's headlines, sales for holiday online shopping on Cyber Monday reached a record with $10.8 billion spent. In other news, Alphabet's DeepMind developed an AI-backed protein folding prediction technology — a huge scientific breakthrough to help disease in the future. Also, US employees aren't working in the office anymore, and it's affecting economic recovery in big cities. Afternoon Coffee brings you the latest in procurement and supply chain news.
In today's headlines, France is postponing the Black Friday shopping day one week to help smaller businesses affected by coronavirus lockdowns. In our PRO coverage this week, Spend Matters' analysts looked at Veriscape's Symphonia, Malbek and procurement teams' role across the business. Also, the turkey supply chain has seen some disruptions this year, leading to fewer deals in stores. Afternoon Coffee brings you the latest in procurement and supply chain news — but we're taking some days off. See you Tuesday. Happy Thanksgiving!
In today's headlines, consumers are panic buying items like toilet paper again as COVID-19 cases rise in many places, but supply chains are ready this time. In other news, airlines are expected to lose around $157 billion this year and into next. Also, demand for the exercise bike Peloton is surging, but it's placing new pressures on its supply chain. Afternoon Coffee brings you the latest in procurement and supply chain news.
In today's headlines, AstraZeneca announced its COVID-19 vaccine was up to 90% effective while being cheaper and easier to store at typical refrigerator temperatures — introducing fewer supply chain hurdles. In other news, there is a potential for a coronavirus-related baby bust, leading to companies to reconfigure their products that meet new demands. Also, Amazon is urging its holiday customers to pick up their orders to help its last-mile delivery. Afternoon Coffee brings you the latest in procurement and supply chain news.
In today's headlines, first-time unemployment claims ticked up slightly last week after weeks of improvement. In other news, Ivalua released a study finding almost half of UK businesses are frustrated with a lack of procurement digitalization. Also, Spend Matters' PRO analysts assessed solutions from MineralTree and Ignite Procurement, and analyst research delved into the B2B for work/services market. Afternoon Coffee brings you the latest in procurement and supply chain news.
In today's headlines, Vroozi announced a strategic partnership with Simfoni. In other news, Coupa released its Business Spend Index for Q4 Outlook, showing some interesting trends during the coronavirus disruption. Also, Vizibl is hosting a webinar about supplier collaboration and innovation next week. Afternoon Coffee brings you the latest in procurement and supply chain news.
Spend Matters welcomes this guest post from Ian Nethercot, MCIPS, Supply Chain Director at Probrand, a marketplace for IT products, services and solutions.
2020 has undoubtedly been a challenging year for many, with new ways of working driving demand and constraint for work-from-home IT products. To help navigate the ups and downs, here are the latest developments and major movements that are influencing key IT product categories.
In today's headlines, Amazon launched an online pharmacy service, offering home delivery for medication. In other news, payments solution AppBrilliance secured $3 million in seed funding. Also, BMW is retooling to manufacture electric vehicles. Afternoon Coffee brings you the latest in procurement and supply chain news.
In today's headlines, U.S. retail sales grew by 0.3%, but this was slower than expected. In other news, Hurricane Iota made landfall as a Category 4 storm, near where the recent Hurricane Eta made landfall. Also, Boost Payments Solution announced a partnership with healthcare company Global Healthcare Exchange. And, Tesla will join the S&P 500. Afternoon Coffee brings you the latest in procurement and supply chain news.
In today's headlines, one of the potential threats to a mass COVID-19 vaccination lies in keeping the vaccine cold enough. The supply chain will have to adapt its cold storage capabilities. In other news, 15 countries formed the world's largest trading bloc in the Asia-Pacific region — compromising about one-third of the world's economy. Also, Walmart will begin using driverless electric cars to make deliveries to customers. Afternoon Coffee brings you the latest in procurement and supply chain news.
The U.S. counted over 153,400 new coronavirus cases yesterday, setting a record. In other news, SAP hosted a talk on procurement trends, inviting Spend Matters' analyst Magnus Bergfors to share his thoughts. In case you missed our PRO coverage this week, Spend Matters' analysts wrote about Trakti, AnyData, Parley Pro and spend under influence. Also, check out our Future 5 list of interesting procurement technology start-ups. Afternoon Coffee brings you the latest in procurement and supply chain news.