Page 6 - Pierre Mitchell News Today

Pierre Mitchell (personal photo) Our readers will be aware of the incredible breadth of content that Spend Matters produces on a daily basis to help the procurement professional be more informed and effective. Through our deep-dive vendor and technology analyses, breaking and daily news stories, CPO interviews, and opinion and insight into current affairs of the business world, we aim to equip our readers and subscribers with the knowledge to make meaningful decisions. And with our un...

Pixabay Last year we held a webinar with procurement and supply chain data categorization experts Creactives and their customer Siemens. Focusing on how to “accelerate your procurement data categorization” it was extremely well-attended and produced a lot of audience Q&As. Recognizing the imperative for clean, categorized data in their digital transformation and process automation initiatives, attendees had concerns over just how complex and time-expensive it is to implement an AI...

Adobe Stock Later this month, Creactives and Spend Matters will join forces to host an online event tackling the nightmare that is procurement data. Data quality is imperative and can promote savings across an organization. Sometimes, though, organizations have a hard time finding and working with data. Some of the ways businesses have solved the problem is through a combination of organizational focus and the use of artificial intelligence. In this webinar, Spend Matters’ Chief Res...

Africa Studio/Adobe Stock Economic activity in the services sector continued to grow in February, according to the latest Services ISM Report on Business. The services PMI — formerly known as the Non-Manufacturing NMI — was 55.3% last month, according to the report. The February number was 3.4 percentage points lower than the January rate of 58.7%. But February’s reading still represents growth in the services sector because any number above 50 indicates expansion. The number re...

Adobe Stock Fiverr, the online freelancer platform provider, has announced its Q4 2020 and full year (FY) 2020 financial results. The company experienced high growth, partly driven by coronavirus tailwinds, as normalization of remote work increased and demand among small and mid-sized businesses for digital marketing services grew. Fiverr’s innovations (e.g., Promoted Gigs or services, subscriptions for certain services, etc.), global expansion and sophisticated marketing (Fiverr ha...

Spend Matters Adobe Stock The ODP Corporation, a B2B business services and products provider that is the parent company of Office Depot, on Thursday announced the acquisition of BuyerQuest Holdings Inc., a software provider known for its e-procurement and procure-to-pay (P2P) offerings. In a press release announcing the acquisition, ODP said the deal will accelerate the company’s technology development while aiming to provide a cohesive platform integrating e-commerce, P2P and suppl...

Spend Matters and CIPS Procurement needs to focus on and improve its supply chain data — specifically data quality, according to Robert Handfield, a distinguished professor of supply chain at North Carolina State University. Handfield was the latest guest on the Spend Friends video podcast series. Spend Friends is a monthly talk hosted by Bill Michels, the VP of Operations — Americas at the Chartered Institute of Procurement and Supply (CIPS) USA, and Pierre Mitchell, Spend Matter...

Adobe Stock The Labor Department reported on Thursday that first-time claims for unemployment insurance totaled 779,000 last week, which registered less than expected, according to CNBC. This reading was the lowest since Nov. 28 as the US economy continues the slow recovery from the Covid-19 pandemic. The total represented a drop of 33,000 from the previous week’s count of 812,000. In more encouraging news, continuing claims continue to lower, falling 193,000 from the previous repor...

Africa Studio/Adobe Stock TripActions, an artificial intelligence-enabled booking and management platform, announced it raised $155 million in an investment led by Andreessen Horowitz, according to VentureBeat. This latest investment brought TripActions’ valuation to $5 billion. The TripActions platform is made specifically to offer enterprises real-time data, automated reporting and insights into business travel and expenses. This investment comes at a time when businesses across t...

yurolaitsalbert/Adobe Stock Today, Spend Matters has announced a global collaboration with CIPS — the Chartered Institute of Procurement and Supply — for the advancement of procurement knowledge and technology among their respective readers and members. CIPS’ 70,000 members will have access to select Spend Matters premium content and also discounts on Spend Matters PRO membership and tech selection services. Spend Matters readers will have access to an introductory offer to CIPS...