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Madison Heights-based Xeeva, Inc., which uses artificial intelligence to help customers streamline their supply chain, announced it has got an investment of more than $40 million, which was led by PeakEquity Partners, a private-equity firm in Radnor, Pa.

MADISON HEIGHTS, MI, June 23, 2016 - Xeeva, Inc., a global provider of next generation, intelligent procurement and sourcing solutions today announced it was one of three suppliers to receive American Axle & Manufacturing's (AAM) prestigious Supplier Recognition Award at the 22nd Annual Supplier Day, held June 16th at AAM's Headquarters in Detroit, Michigan. AAM is a world leader in the manufacture, engineering, design, and validation of driveline and drivetrain systems and related components and...

We recently held a webinar with Spend Matters about ways procurement organizations can put a stop to spend leakage. Before explaining how to stop it however, it is important to define what it is – and why traditional definitions may not be enough. Read on or watch the short clip below to learn about some common definitions of spend leakage from our Chief Strategy Officer, Steve Griffiths, and our VP of Automotive Practice, Amarish Kapadia! ...