Yesterday, we reported that First Index, a sourcing marketplace for industrial parts and former consulting firm, had closed its doors earlier this week. My tip on the situation came from AJ Sweatt, a colleague and friend who serves as community and b…
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On Tuesday, March 9th, First Index, a supplier-pays marketplace and former direct materials sourcing and supply chain consultancy, closed its doors. First Index had received significant funding from LMS Capital, a UK-based firm, and Bessemer ventures…
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I’ve been asked on more than a half-dozen occasions to spend a day with clients (both practitioners and vendors/services providers) to provide my view of the rapidly unfolding spend analysis landscape, discussing a diversity of approaches to identify…
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In this third post in the series analyzing Coupa’s competitive claims against Ariba (click here for Part 1 and Part 2), I’ll turn my attention to the remaining claims Coupa makes against its Sunnyvale P2P neighbor (in case you’re curious, Coupa’s off…
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Iasta, a leading provider of eSourcing software and solutions, today announced that Gartner, Inc., a leading independent provider of research and analysis on the global information technology industry, has positioned Iasta in the “ChallengersR…
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In years past, I introduced Spend Matters readers to a little-known supplier information-management vendor, Supplierforce, which is based in Dublin (you can read previous posts on Supplierforce here and here. Supplierforce has moved beyond its SIM pa…
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In the first post on Aravo’s recently introduced $50K Supply Risk QuickStart program, I provided some details on what the package includes and how Aravo integrates different data sources to present views into different supply risk elements. In this p…
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ERP systems have been historically good at processing and recording transactions, but mining data for spend visibility was not one of them. Spend Analysis started in the early 1990’s at progressive companies like GE and at consulting firms like M…
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Earlier today, the news broke that government officials in the US, EU and Japan recently searched the offices of a number of Toyota suppliers that may be involved in cartel-like activities. According to The Wall Street Journal?s summary, ?Investigato…
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A recent Purchasing article on what $100K buys in spend analysis has already had some rotten tomatoes hurled at it by an irate blogger. In his response to the article, Michael Lamoureux, who posts as “The Doctor,” gets only one of his criticisms wro…
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