I've spent the last couple of posts urging procurement executives not to focus solely on price when they're choosing suppliers. Service, product quality, financial health, social responsibility and exposure to natural disasters and other potential disruptions are all elements that need to be factored into the mix. So you'd think this enlightened attitude would pretty much rule out the use of auctions for selecting vendors, right?

PrimeRevenue Inc., provider of a hosted platform for supply-chain finance, has launched SCiEnable.

Agentrics, a vendor of cloud-based applications to support supply-chain collaboration, has changed its name to that of its parent company, Brazil-based NeoGrid.