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Coupa Software Inc. (via Public) / $300 Million and a Nobel Prize


$300 Million and a Nobel Prize
Donna Wilczek recently posted about a Coupa customer who saved $300M (versus their current spend) on a single sourcing event. This was a large event with 6,000 items and 300+ suppliers bidding. The buyer also had 400 different business rules as part of the process. The product behind this savings is Coupa Sourcing Optimization (CSO).
Interestingly, it is the science embedded within CSO that makes this kind of savings possible. It is the same science behind the winners of the 2020 Nobel Prize in Economics for their work in auctions. Specifically, the science is combinatorial optimization (Ed Rothberg, one of the world s leading experts in optimization, wrote a nice explanation). ....

Arne Andersson , Donna Wilczek , Ed Rothberg , Coupa Sourcing Optimization , Trade Extensions , Coupa Software Inc Via Public 300 Million Anda Nobel Prize , அரனே ஆண்டர்சன் , டோனா வீழ்கஜெக் , எட் ரோத்பெர்க் , கூபா ஆதாரம் தேர்வுமுறை , வர்த்தகம் நீட்டிப்புகள் ,

Detailed text transcripts for TV channel - CNN - 20180531:16:35:00

With north korea, efforts in the middle east. is this a time when you want to upset allies trade extensions? as we ve seen again and again, it s hard to move him away from these promises. i think that s important. he views this not only as a campaign promise, he views this as michigan. we re watching it play out this week, trade and immigration. he thinks immigration won him the republican nomination, he thinks trade won him the presidency. we could argue that. that s how he thinks and that s how he acts. bringing up immigration is another example of things we ve seen. the popular emphasis is not a lack thereof to the country. yet in that one he s saying, fine, the populism won out. this will be a lot more direct experiment because the retaliatory moves are also targeting pretty much the populations and it s up to the people whether they want to vote with their emotions on the ....

North Korea , Trade Extensions , Middle East , Campaign Promise ,