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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Balance supply chain risk and resilience with ROI. This will help offset the costs associated with disruptions.

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CBAr 23rd International Arbitration Conference: Contractual Incompleteness and the Limits of Consent

Kluwer Arbitration

In this sense, he explains that these deviations must be continuously reflected in the planning of the project to avoid losses, and mechanisms like risk event pricing help manage this incompleteness. He defended that proper risk management can lead to cost savings.

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The Secret to Effective Supplier Onboarding – Tiering 

ivalua

Gartner covers this in the report: Balancing Speed and Risk Oversight with Supplier Onboarding ) The degree of supplier scrutiny varies depending on the importance of the contract and the strategic value of the supplier. . insurance, liabilities) and reputational risks (e.g.,

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown. Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted.

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Financial agencies’ AI tests could get reprieve from enforcement

FedScoop

would institute “regulatory sandboxes” for AI test projects at the Federal Reserve, the Securities and Exchange Commission, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp., French Hill, R-Ark., and Ritchie Torres, D-N.Y.,

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GOP lawmakers, financial leaders ‘leery’ of rushing AI rules on the sector

FedScoop

financial regulations “technology neutral,” McHenry aimed to strike a balance between financial firms’ compliance with existing consumer protection laws regardless of AI’s effect on the sector and ensuring that regulators are “equipped” to evolve with “this new technological frontier.” Calling U.S.