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The post The Psychological Long Tail of SupplyChain Disruption appeared first on Art of Procurement. Traditionally, procurement has been measured on their ability to generate savings and bring spend under management. That has led to.
This represents about 15 percent of the VHAs $5 billion annual spend on medical supplies and equipment. Significant challenges across the medical supplychain remain. As a threshold matter, it is important to note that the remaining 85 percent of supplies and products are ordered manually across the VA.
SupplyChain Strategies: What the Pandemic Has Taught Us So Far? In a blog at the very start of the COVID-19 outbreak when confirmed cases had just exceeded 40,000, we discussed the considerations for organizations facing the outbreak. SupplyChain Risk Management on the World Stage – Lessons Learned.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
As a procurement professional it is paramount that “we” are aware of the conduct of our suppliers within all tiers of our supplychain. Consumers are putting ever increasing pressure on supplychains to perform ethically and are now more aware than ever of what they are buying. This will feature in next month’s blog.
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supplychain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supplychains, procurement organizations around the world are scrambling to react.
Subscribe to our blog here so that you do not miss these updates. Identifying and Mitigating SupplyChain Risks Both houses of Congress remain focused on assessing and mitigating supplychain risks, especially for materials used for DoD and other national security applications.
The subject of the hearing was “Safeguarding the Federal Software SupplyChain.” Thank you for the opportunity to appear before you to address the federal software supplychain. As such, they are well-aware of the challenges involved in addressing vulnerabilities in the federal software supplychain.
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supplychain complexity. One area that manufacturers need to focus on is improving supplychain visibility. Visibility all the way up the supplychain.
The pandemic and its aftermath created a greater awareness of the fragility of global supplychains, and the federal government’s over reliance on adversaries in the supplychain. Two different supplychainsupply regimes essentially govern supply acquisition: The Buy American Act (BAA) and the Trade Agreements Act (TAA).
In 2018 Harvard Business Review predicted that in 5-10 years automation would likely replace the supplychain function. The post Building a Resilient SupplyChain with Better Data appeared first on Art of Procurement.
This week in federal government contracting news there is buzz about AI procurement, supplychain risks, and timing changes on the 8(a) and WOSBS programs from SBA. We hope you have been staying cool and have some fun things planned for the weekend.
Amazon Web Services (AWS) is supporting the Government of Pará, Brazil, in designing and deploying SeloVerde (Green Seal) , a cutting-edge tool to address climate change challenges and traceability in deforestation-risk supplychains. Architectural diagram of the solution described in this blog. SeloVerde 2.1 How SeloVerde 2.1
The post Unwrapping the Secrets of Santa’s SupplyChain appeared first on Art of Procurement. Everyone is busy this time of year, but let me tell you – you haven’t seen anything until you’ve survived.
P rocurement, a critical component of supplychain management, is transforming, driven by the expertise of certified procurement professionals. The impact of such training is significant, leading to more streamlined procurement processes and better decision-making in supplychain management.
A full list of our procurement blogs, including checklists for contracting authorities and suppliers to make sure you are ready for the Act, can be found here Procurement Law Articles & Blogs. For further assistance please contact Stephanie Rickard in our Public Sector team at 07384 251 896.
Two weeks ago, FAR & Beyond focused on the “Competing Global SupplyChain Approaches” governing federal acquisition. The blog outlined the significant differences between the Buy American Act (BAA) and the Trade Agreements Act (TAA). It is more a question of the unintended consequences in the supplychain.
As the COVID-19 pandemic disrupts global supplychains, procurement organizations around the world are scrambling to react. There are many supplychain management lessons to learn from the Covid-19 crisis. These challenges in the direct material supplychain pose a real threat, especially in a time of crisis.
On 27 June 2024, the UK Court of Appeal (“CA”) notably overturned a High Court decision by finding in favour of the World Uyghur Congress (“WUC”) in a case on forced labour and human rights abuses in overseas supplychains.
The pandemic and its aftermath only further exposed the fragility of our supplychains in all parts of the economy. Two prominent procurement laws address supplychains and the industrial base: the Buy American Act (BAA) and the Trade Agreements Act (TAA). Some believe a clarification may be affected via legislation.
In my last blog post, “ Will your supplychain lead in the next decade? ,” I talked about Gartner’s first-day focus at their SupplyChain Executive Summit in Phoenix, Arizona. This is an especially important message for manufacturers’ supplychain organizations.
Chuck Brooks, president of Brooks Consulting International and a member of Executive Mosaic’s GovCon Expert program, published a three-part blog series on Deltek Project Nation in October in observance of National Cybersecurity Awareness Month and the first part highlighted the need for organizations to develop a risk management strategy to counter (..)
SupplyChain Due Diligence (“SCDD”) laws, such as the German Lieferkettensorgfaltsgesetz , the recently approved EU Corporate Sustainability Due Diligence Directive , or the U.S. As an advocate for such laws, I recognise the urgent need to make supplychains fairer and more ethical.
In this blog, we’ll explore key best practices and show how leveraging group/cooperative purchasing can help you master the art of strategic sourcing. Use procurement software or work with a GPO like OMNIA Partners that offers advanced analytics tools to track spend, identify trends, and optimize your supplychain.
Yesterday was the first day of Gartner’s SupplyChain Executive Summit. The conference theme is “supplychain will lead in the next decade.” Because of supplychain’s far reaching effects, Gartner is challenging supplychain leaders to drive transformation throughout their organizations.
Her list of supplychain lies, which are re-quoted here, is nearly universal to all industries. The post Universal SupplyChain Misconceptions or “Global Sourcing Lies” appeared first on Directworks. Click here to read more. This content was originally published on Spend Matters.
Spend Matters recently published a story highlighting Auto News’ coverage of supplychain and procurement localization at Magna International. The post Local Sourcing: Exploring Enablers of SupplyChain and Procurement Localization appeared first on Directworks. To read this entire post, click here.
In our survey, Heads of Procurement ranked supplychain fair labor practices (68% of respondents) and preventing bribery and corruption (52%) as a high priority in their CSR endeavors. Their supplychain partners’ capabilities and activities must also be considered. Strategies to Improve Sustainability in Procurement.
When thinking about benchmarking the most common area that is reviewed is price, but as we know (and as mentioned in previous blogs) price is not the sole factor. Take the next step towards mastering procurement dynamics and elevating your organisation’s supplychain effectiveness. Contact us to learn more and enrol today!
Any delays of the import license application system may result in financial losses, supplychain challenges, and eventually affecting the companies’ ability to meet the domestic market demand.
Procurement and supplychain teams will play a crucial role in making this vision a reality. In this blog post, we will explore how sustainable procurement practices can help organizations reduce greenhouse gas emissions and achieve their sustainability goals.
Listening to all of the talks by industry leaders led me to a glaring conclusion—the critical role that technology plays in supplychain and sourcing is the giant elephant in the room that no one was talking about, but everyone could see. The post Are you a SupplyChain Visionary Vick or Laggard Larry? Time is Money.
As I write this blog, the COVID-19 pandemic continues to ravage populations and economies around the world. The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers.
We’ve completed over 250 deep dive assessments now of our suppliers, supplychains and institutional procurement teams and their internal stakeholders. We’ve seen conflict across the world, which affects our supplychains. Responsible procurement wise. We’ve seen massive political change.
Ivalua Blog [ivory-search] Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike February 10, 2023 | | Procurement Strategy Mitigating EMEA Inflationary Pressures Through S2P Solutions In the EMEA region, organizations are increasingly facing an uphill battle against inflation – one that can be particularly hazardous (..)
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supplychain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Our Annual Compliance Conference is also further complemented by our 21st Annual Global Trade and SupplyChain Webinar Series held all year round. We also invite you to register for the upcoming mid-year sessions in our monthly Global Trade and SupplyChain Webinar Series. Register here for these sessions.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
Effective procurement practices allow the establishment of a closed-loop circular supplychain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.
How I got into procurement My peers all have a 'story' about how they got into procurement without knowing they were actually working in a SupplyChain Management (SCM) role. I've never met anyone who studied supplychain management at university because they knew that's what they wanted to do. Read on to find out.
Amid the pandemic in 2020, I was spending a great deal of time comparing notes with colleagues (past and present) about how their supplychains were faring, as well as canvassing thought leadership and talking to current and potential customers about how our solutions could help with their supplier risk and management challenges.
Baker McKenzie’s Global SupplyChain Compliance blog recently published “UK publishes further details of Forest Risk Commodities regime,” which can be viewed here. The post <strong>UK publishes further details of Forest Risk Commodities regime</strong> appeared first on Import and Trade Remedies Blog.
We invite you to join us to gain practical insights and analysis on significant developments across: antitrust and competition export controls, sanctions and foreign investment customs and FTAs anti-bribery, corruption and economic crime ESG, supplychain and product compliance View the detailed agenda for all sessions during the conference.
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