Today I travelled to Baltimore to attend the ISM/Spend matters Global Procurement Tech Summit. 22,000 sourcing events. $50 An example was provided to show how a requisition can be generated in 90 seconds and drive locked in savings through a preferred source, and avoids over-specifying the requirement. In fact, supply and spend should not be separated, and he sees that these roles are converging. Finally, he spoke about the financial supply chain. MORE

Baltimore: Johns Hopkins Press, 1943. _. Today, nine out of ten supply chains are stuck. Despite two decades of advancement in supply chain technologies, companies are struggling to gain balance at the intersection of operating margin, inventory turns and case fulfillment. MORE

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. Jason started out by discussing the fact that a company ledger is just a source of truth. Because we are having more and morecomplexity in our supply chain trading systems, keeping track of all our transactions is becoming increasingly difficult. ” What is a Block Chain? MORE

The supply chain is knotted. Yesterday, @DamarqueViews asked me a question on twitter: “What do you think are the greatest barriers in the adoption of social technology in the supply chain?” I find the evolution of social technologies, and the promise of social, exciting for the supply chain. It is why I bought a license for Jive and built the Supply Chain Insights Community. It was earlier than even supply chain innovators. MORE

The expansion of Panama has shifted shipments from West Coast to East Coast, but only Norfolk and Baltimore can handle these larger ships – and this will result in longer berths where will the funding be coming from for these port expansions – and it is something that is happening, but we aren’t sure how to handle it. In 2011 a student project team focused on packaging and where there were changes in sourcing and whether weights were correct. MORE

government’s role in supply chains. Specifically discussing how the internet of things will impact supply chains, he said: The internet of things provides companies the ability to source parts and inputs, and sell, globally. Nearly three years ago, C.H. MORE

Source Merriam-Webster Dictionary. Or will companies stumble on the path by mistakenly implementing supply-centric processes and calling them demand-driven initiatives? As a writer of research on demand-driven supply chains for over eight years, I find many amusing. MORE

The Internet of Things (IoT) is triggering changes that cross corporate silos and force companies to look holistically at their end-to-end supply chain practices—can governments do the same? The IoT gives companies the ability to source parts and sell products globally. MORE