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. Dan discussed the major transformation going on at IBM, that is focused on three big changes: Data is becoming the world’s new natural resource, transforming industries and professions. Procurement is much more focused on open technologies and high-value solutions, and now trying to leverage strategic partnerships and make it smarter through data and cognition.”

Bait and Switch

Supply Chain Shaman

Each time that they are published, the Shaman sighs and chuckles in her little apartment in Baltimore. Data model structures are the difference between success and failure. List All the Forms of Demand Data and Map Its Usage. Use New Forms of Data.

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Taming the Supply Chain. Will It Ever Be Social?

Supply Chain Shaman

Customer Relationship Management (CRM) technologies create a more efficient marketing and sales team, but they are not good listening posts for customer data. Supply chain systems are based on transactional data. These technologies are VERY structured with well-defined data models. Today, data latency in the supply chain is too long. They will have to take the challenge to map the processes from the outside-in versus relying on conventional data that is inside-out.

Do No Harm…

Supply Chain Shaman

Baltimore: Johns Hopkins Press, 1943. _. I have also learned that you need a large data pool to derive the type of analysis that I want to publish. What I See in the Data. Here I share a cut of the data.

This Week in Logistics News (October 14-18, 2013)

Talking Logistics

Several years ago, I interviewed CIOs and IT executives from leading third party logistics (3PL) companies, and one of the most interesting findings was that their teams spent a majority of their time fixing and cleansing data. Therefore, I wasn’t surprised by an article in today’s Wall Street Journal about how faulty data is hindering the HealthCare.gov rollout. BMW to Mazda Imports Slowed as Strike Shuts Baltimore Port ( Bloomberg ).

This Week in Logistics News (March 16-20, 2015)

Talking Logistics

Prime Now Expands: One-Hour Delivery on Tens of Thousands of Daily Essentials Now Available to Prime Members in Baltimore and Miami.

What are Block Chains? – Jason Busch on the Future of Money, Trust and Transparency

NC State SCRC

Jason Busch provided a great view on Block Chains, and their impact on the future of funds in the supply chain, at the Global Procurement Tech Summit in Baltimore. Most retailers and CPG spend time gathering data from sources to create a demand forecast for suppliers. Many will spend 3 weeks gathering data – and 2 days running analysis – just to produce a demand forecast. Each block is sealed mathematically to the block before it – altering any proceeding data that conflicts.

Will Warehouses Eventually Go Dark?

Enterra Insights

David Sparkman, head of David Sparkman Consulting, reports, “Empty stores and shopping centers are increasingly being converted into warehouse and e-commerce distribution centers, according to the global industrial real estate firm CBRE, which examined in detail two dozen such projects ranging from southern California to Baltimore.”[2] The Internet of Things and Big Data.

Will the IoT Revolution Force Government to Embrace Silo-Busting?

TMC

While my fellow panel members focused on recommendations around issues of data privacy and internet infrastructure related to IoT, my testimony focused on how the technology impacts global supply chains. Will the IoT Revolution Force Government to Embrace Silo-Busting?

Greg Javor: “Our mission is to inspire and nurture the human spirit”

Supply Chain Movement

My first job was a warehouse supervisor trainee for a public warehouse (nowadays a 3PL), in Baltimore, Maryland. Like the sea-faring coffee traders who inspired its logo it’s not all been plain sailing at Starbucks.

Rock on!

Supply Chain Insights

They deliver pantry supplies to our small office in Baltimore <without charging us shipping> a couple of times a week. We are busy combing twenty-five years of financial balance sheet data and combining it with quantitative research studies to try to help the world understand the true value of supply chain excellence. The community will feature job postings, a WIKI and benchmark data. We love Amazon. At Supply Chain Insights, we are loyal Amazon shoppers.

If You Are Not a Step Ahead, You Are Behind.

ivalua

A couple of weeks ago, ISM and Spend Matters had their first Eprocurement Technology Summit in Baltimore, Maryland on the Inner Harbor. I attended with a few colleagues from Directworks. We wanted to go to see what kind of conference it was, and could be in the future.

Letter from the CEO: Coronavirus Market Update

Transplace

Port Baltimore is reducing its workday by 75 mins. Also, provide weekly data and reports to operations and procurement teams. Letter from the CEO: Coronavirus Market Update. By: Frank McGuigan, Chief Executive Officer, Transplace.

Reefer Demand Dips, But Rates Don't

DAT Solutions

Still, USDA data shows that California’s vegetable shipments in May were the strongest they’ve been since 2013, despite delayed harvests, so June totals may also beat expectations. Miami to Baltimore and Miami to Boston each fell an average of 22¢ per mile.

Denver 100

Letter from the CEO: Market Update March 26, 2020

Transplace

Baltimore’s Seagirt Marine Terminal will close for delivery and receipt of inbound and outbound containers on March 30th and 31st and shortened operating hours thereafter. Letter from the CEO: Market Update March 26, 2020. By: Frank McGuigan, Chief Executive Officer, Transplace.