Afternoon Coffee: BravoSolution to Kick Off 2017 Real World Procurement Series, What's in Coupa …

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Starting one week from today, BravoSolution will be hosting its sixth annual educational series for procurement professionals, the 2017 Real World Procurement Series. The program will explore the most common challenges and opportunities procurement teams face every day and offer advice and insight from industry leaders for practitioners to drive enterprise success from the procurement function.

Speakers in the series will include Guy Allen, managing director of Real World Sourcing and former council member of the Chartered Institute of Procurement and Supply (CIPS); Robert Handfield, Bank of America University distinguished professor of supply chain management at North Carolina State University and executive director of the Supply Chain Resource Cooperative; and our own Peter Smith, Managing Editor of Spend Matters Europe and Public Spend Forum.

“Talent is a litmus test measuring the extent to which procurement leadership is committed to delivering value for the organization,” Robert Handfield said. “Employing an ambitious workforce that’s committed to skill development and advancement is a long-term competitive advantage, and continuing education experiences like the Real World Procurement Series are an important component of driving value-added business outcomes.”

Coupa Release 17

P2P provider Coupa announced Tuesday its first cloud platform update of the year. Called Release 17 (R17), the update includes access to Perfect Fit Insights, which gives customers “data-driven insights to help them accelerate decision-making and improve business results,” as well as expanded regulatory compliance and enhanced supplier collaboration features.

“We value Coupa’s focus on continued rapid innovation. This in turn enables us to effect ongoing improvements in our procure-to-pay and spend management processes,” said James Bargerbos, Coupa Administrator at Ausdrill Limited. “We have been involved in the Coupa Community and advisory boards and we are pleased to see our feedback incorporated in Release 17.”

Daimler and Icertis Collaborate on Standardization

Auto giant Daimler has selected Icertis to standardize its procurement operation across its 400,000 suppliers, according to a press release. The initiative strives to increase agility and flexibility across Daimler’s global contracting in its passenger cars, commercial vehicles and financial services divisions.

Beer Recall

Sierra Nevada Brewing Co. announced a recall Sunday of certain 12-ounce bottles of its pale ales, IPAs and other beers, CBS News reports, after detecting a packaging flaw that could cause a piece of glass to break off into the bottle. While this concern impacts roughly 1 in every 10,000 (0.01%) of bottles packaged during this time, Sierra Nevada felt it prudent to be cautious in order to maintain its quality promise to customers.

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