article thumbnail

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. The first speaker was Anne Rung, Administrator from the Office of Federal Procurement Policy. 22,000 sourcing events. $50 In this session, she mentioned that the federal government handles over $445B of federal contracts.

article thumbnail

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

TMC

The IoT gives companies the ability to source parts and sell products globally. Environmental Protection Agency holds up a shipment at the Port of Baltimore because the agency is understaffed, the delays can quickly ripple through the entire supply chain. Consider, for example, the risks posed by customs-related delays.