Friday 17th May, 2013

A new three-year agreement with IBM aims to push L’Oréal USA's purchasing power to new levels by taking advantage of their advanced cloud analytics solution. The new services will enable the company to bring beauty products to consumers more quickly and efficiently. With this agreement, L’Oréal USA will partner with IBM to undertake a complete transformation of the buying, compliance and management of its vendor and supply process, ultimately leading to lower costs and increased supplier value. The company will tap a powerful portfolio of IBM procurement services, consulting and analytical expertise including a new analytics tool developed by IBM Research, as well as IBM SmartCloud commerce solutions. Together, these will help the marketing and procurement team at L’Oreal gain immediate and broad access to global data to make faster and more insightful decisions, while ensuring purchasing compliance.

Thursday 16th May, 2013

Basware has launched a core addition to its comprehensive e-procurement suite, Basware Purchase. This completes the company’s entire purchase-to-pay solution footprint on the Alusta platform, driving adoption by empowering employees across the business to overcome the obstacles to e-procurement. Basware Purchase will be available from June this year.

Wednesday 15th May, 2013

In yet another demonstration of the ambitions and strenghtening position of Tradeshift, the company is set to announce some major new hires today, an announcement which follows on the back of a recruitment exercise which has seen almost 50 new employees join the company in the last two months.

Tuesday 14th May, 2013

In response to public concern over supply chain safety and visibility, McDonald’s has launched its search for ‘Quality Scouts’, members of the public who will go behind the scenes and report back on how some of its most famous products are made – including the Big Mac and Fries and the Sausage and Egg McMuffin.

Monday 13th May, 2013

KPMG LLP, the U.S. audit, tax and advisory firm, and Coupa have announced a new strategic alliance dedicated to helping clients transform their approach to procurement to achieve bottom-line savings. KPMG works with clients to help them make procurement a source of value and innovation through better spend management, productivity gains and improved internal controls. In partnering with Coupa, KPMG will help clients drive sustainable improvements to capture the full value of the implementations of Coupa’s suite of cloud-based financial applications.