Page 12 - Pierre Mitchell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 supply chain platforms to improve how businesses buy and sell. For nine years, BuyerQuest has worked to d...

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 Matters’ Chief Research Officer. Its goal is to focus on all procurement matters under the sun, like spe...

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 reporting of 4.6 million, the article said. Meanwhile, the Associated Press reported on Friday that US em...

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 the spectrum embrace new ways of functioning, with things like remote work taking center stage. Corpo...

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 membership with the code SPENDMATTERS21. (Professionals working in procurement or supply functions...