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Americanindustrial production increasedfor the second consecutive month in April as more factories opened after being shut down by winter ice storms, according to the Associated Press.
The Federal Reserve reported that industrial production, including output at factories, mines and utilities, rose 0.7% last month. This was down from the March number, which saw a gain of 2.4%. Meanwhile, manufacturing output rose 0.4% and utility production rose 2.6%.
The US economy continues to expand as consumers become more confident and municipalities relax business restrictions, the article said. However, there are signs that Americans are looking to spend their money on services rather than goods.
State of Flux seeks participants for its annual supplier management survey
State of Fluxis in the process of conducting its annual supplier management survey to help the market find new value in the supplier relationship management category (SRM).
State of Flux developed the study with the idea that supplier management programs incorporate many forms of value that connect to broader business objectives. The supplier relationship management and strategic sourcing solution seeks to understand how professionals on the buy side of supplier management run their programs.
It will develop a report and benchmark analysis so that all participants can gain market insight into supplier management. The deadline for completing the survey is Friday, June 4. To learn more and participate, visit State of Flux’s“Growing Value of Supplier Management” survey page.
Spend Matters' analysts look at Onventis, and Coupa vs. GEP
This week, Spend Matters PRO analysts Michael Lamoureux and Nick Heinzmann provided a two-part Vendor Analysis ofOnventis' upstream source-to-contract (S2C) solution. We'll do a series on its downstream P2P solution in the coming weeks. Also published this week: Analyst Xavier Olivera comparedCoupaandGEP’s procure-to-pay (P2P) solutions using SolutionMap Spring 2021 data.
Our PRO subscribers can read the full articles, but all readers can see the lengthy intros that frame the issues being discussed. This week:
- Onventis: Vendor Analysis (Part 1) — Upstream S2C solution overview, SWOT, Onventis competitors/market analysis, tech selection tips
- Onventis: Vendor Analysis (Part 2) — Upstream S2C Solution Strengths/Weaknesses, Solution Deep Dive, Analyst Summary
- Coupa vs. GEP: Procure-to-pay (P2P) head-to-head technology evaluation and comparison
Read more abouta PRO membership.
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