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Procurement Technology: An Update from Spend Matters in Baltimore

NC State SCRC

Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. I will be speaking on procurement analytics tomorrow, but got to attend a set of great sessions over the first half of the day. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy.

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The Backorder, April 10 2024

Unleashed

The Guardian reports that the Victoria Unboxed project will hope to eliminate invisible waste from supply chains by replacing cardboard produce boxes with reusable plastic crates. The latest ISM Manufacturing PMI report registered an unexpectedly high 50.3% The latest ISM Manufacturing PMI report registered an unexpectedly high 50.3%

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This Week in Logistics News (July 23 – 29)

Logistics Viewpoints

Starting this week, customers across the US will begin to see custom electric delivery vehicles from Rivian delivering their Amazon packages , with the electric vehicles hitting the road in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle, and St. to get online orders to doors quicker and at a lower cost.

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Bait and Switch

Supply Chain Shaman

The market shift is towards analytics, but this new market is confusing. Each time that they are published, the Shaman sighs and chuckles in her little apartment in Baltimore. They are step change requiring either the redeployment of existing technologies or the purchase of new platforms. Build What-if Analytics.

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Do No Harm…

Supply Chain Shaman

Baltimore: Johns Hopkins Press, 1943. _. I have learned that supply chain systems are more complex than I originally thought, and that the relationships between supply chain metrics are nonlinear. They also enable the evaluation of networks for both sales and procurement relationships to optimize the flows upstream and downstream.

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Organized Retail Crime is Growing, Losses up 7% from Last Year

Material Handling & Logistics

A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing. Return Fraud Continues to Post a Threat to Retailers.

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Taming the Supply Chain. Will It Ever Be Social?

Supply Chain Shaman

The ends of the supply chain–both in customer and procurement– are fragile. As an analyst that has done this type of prediction for many years, I just find this hard to believe. Charlene wrote the report [link]. It believe that it will become part of the existing processes of order-to-cash and procure-to-pay.