Coupa Software, a provider of Business Spend Management, announced that it has acquired LLamasoft, a provider of AI-powered supply chain design and planning for a purchase price of approximately $1.5 billion.
Finance and supply chain: These two essential business functions speak different languages and live in different worlds. Both contribute mightily to the success and the profitability of their companies, in their own ways. Manufacturers need to get them to synchronize if they are to survive and succeed — and to achieve the agility and the resilience everyone strives for coming out of the pandemic crisis.
David Barton, general manager for North America with ToolsGroup, describes the ways in which various industries are approaching the challenge of planning for demand in an environment of extreme uncertainty.
Al Guarnieri, partner in the law firm of Parker Poe, details how the COVID-19 pandemic has impacted the planning efforts of manufacturers in the short, medium and long term.