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The Department of Veterans Affairs provided Congress with a “long overdue” update Tuesday on efforts to modernize its supplychain, fielding questions from lawmakers about the department’s transparency regarding the plan. The post Congress presses VA on modernization overhaul, supplychain system upgrade appeared first on FedScoop.
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. Subscribe to our blog here so that you do not miss these updates.
ERP vs. Best-in-Class for Healthcare SupplyChain Management? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts. The verdict?
rule by fall 2024 in response to increasing cyberattacks on its supplychain by foreign adversaries. is expected to be released by the Office of Management and Budget for… The Pentagon plans to finalize its Cybersecurity Maturity Model Certification 2.0
Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors. SupplyChain Optimization : AI can enhance supplychain performance by analyzing vendor reliability, delivery timelines, and cost trends.
The Securing America’s Federal Equipment (SAFE) in SupplyChains Act was introduced Thursday by Sens. To do that, the legislation states the official must give written notice to the director of the Office of Management and Budget. John Cornyn, R-Texas, and Gary Peters, D-Mich.,
It’s no secret that procurement professionals nationwide are struggling with budgets, bandwidth and staffing shortages. They’ve saved tens of thousands of dollars in their budget and shaved months off their process by partnering with a cooperative.
The majority of organizations consider supplychain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supplychains. About the research.
Dear Federal Partners, Information technology manufacturers and suppliers across the country are struggling with significant supplychain disruptions that are impacting their ability to meet customer and market demands. The budget includes $58.4 billion for unclassified and classified information technology.
Starting this week, the General Services Administration is collecting common forms for new software contracts from providers and contractors in accordance with a 2022 Office of Management and Budget memo regarding software supplychain security.
The release includes a broad set of innovations to empower Procurement and SupplyChain leaders to improve collaboration among internal stakeholders and suppliers, proactively mitigate supplier risk and performance issues, gain efficiency and visibility in contracting and improve guidance and effectiveness across procure-to-pay. .
And at the same time, we’re seeing this growing swell of compliance costs, whether it be cybersecurity, increasing audits, supplychain regulations that are all creating an environment where doing business with the federal market is actually getting more expensive and the barriers are going up.
It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget.
In order to manage those fluctuating costs, agencies need a way to set a consistent budget for their IT team, while still meeting their organization’s needs for data storage. Strategic planning: Agencies can struggle to keep IT current, especially with recent supplychain issues.
Food programs in schools, government agencies, and nonprofits face several challenges that impact their effectiveness, budget, and overall community well-being. From tight budgets and staffing shortages to supplychain issues and compliance hurdles, these obstacles complicate daily operations.
industrial capacity and describes four main priorities for shoring them up: building more resilient supplychains, increasing the industrial workforce, using more flexible acquisition policies, and economic deterrence. Broadly, the strategy lays out what Defense officials see as the current weaknesses in U.S.
Similarly, crises like the COVID-19 pandemic or the Ebola Virus Disease outbreak, which disrupts supplychains and markets, may call for specific procurement strategies. QBS : Used for more complex consultancy services where the scope of work cannot be accurately or fully defined at the outset.
Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for the budget and Federal market? Attendees will gain critical insights into: What’s next for the VA budget and healthcare investments? is less than one month away! James Peake , M.D.,
CISA) The Veterans Affairs Department's supplychain modernization efforts get a big win at the Government Accountability Office. Through this acquisition, VA is seeking technology and support to modernize how they manage the supplychain to support more than 300 warehouses, 4,000 facilities and 170 hospitals. (
Purchasing (45%), invoicing (41%) and budget management (39%) are the most digitised processes to date. Full digital transformation remains a long way off for most Procurement and supplychain organisations. Two-thirds of businesses still reliant on manual and paper-based processes . please visit: [link]. About the study.
Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for the budget and Federal market? Attendees will gain critical insights into: What’s next for the VA budget and healthcare investments? is less than one month away! James Peake , M.D.,
It breaks the bond between Buyer and Supplier, resulting in fragile supplychains and lots of mistrust. The Purchase Order has been touted as the only way to manage ‘maverick’ spend (stopping off budget expenditure), but it’s also a way to automate invoice processing. Is the tax and budget allocation information correct?
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.
And they’re not the only ones—other department heads are also increasingly budget-conscious, creating a new opportunity to partner with procurement for better budget management. The increase is directly correlated to the turbulent market caused by the pandemic, supplychain disruptions, and rapid inflation. Risk Metrics.
Last week, the White House announced that the Office of Management and Budget ("OMB") issued guidance to help small businesses in the federal contracting marketplace.
According to the study, almost all (95%) UK businesses have plans in place to address environmental concerns in the supplychain over the next 12 months; however, given the impact of COVID-19 on business operations and budgets, many of these could be impacted. Lack of visibility slowing plans to tackle environmental concerns.
The release last week of long-awaited FedRAMP modernization guidance for federal agencies began with “a novel approach” from a pair of Office of Management and Budget colleagues that included room to test out some of their ideas.
In fact, some of that work is already underway through the federal contracting initiative” that the Office of Management and Budget unveiled in November. He also said he continues to be concerned about agencies having “a greater amount of technical debt” as they invest in more technology products and modern digital solutions.
Enterprises will continue to undergo the financial burden of revenue disruptions, consumer , and uncontrolled supplychain variables. . As operating budgets tighten, restrictive spending will pressure businesses to focus on savings and creative alternatives. . The Criticality of the SupplyChain (and Suppliers).
Best practice supplychain & procurement capabilities now available for rapid deployment to manufacturers. Supplychain leaders are able to deliver more profitable products to market faster, with less risk and higher quality. Ivalua’s suite empowers customers to better manage their spend and suppliers.
How Inflation Impacts Procurement Inflation affects a number of aspects within the Manufacturing supplychain, including the ability to compete in the market, financial performance, and overall strategy. Manufacturers, take charge of your supplychain!
That includes quite a range of issues now, ranging from climate change and de-forestation to modern slavery or supporting diversity in our supplychains. But most of the initiatives that have real value require collaboration between buyer and supplier (or supplychain ).
A Core Need In August 2021, the Office of Management and Budget released Memorandum 21-31, establishing federal requirements designed to increase government’s network visibility before, during and after a cybersecurity event.
RiseNow is a supplychain management consulting firm with a platform-agnostic approach, serving healthcare and the Global 2000. Together, we bring you a 360-degree view of your challenges and solutions, and offer services that ensure your projects are completed on time, on budget, and to your standard of success.
Attendees will gain insights into policy shifts, the budget outlook, and the overall procurement state of play in 2025 and beyond. What’s next for the budget and Federal market? Attendees will gain critical insights into: What’s next for the VA budget and healthcare investments? James Peake , M.D.,
Ivalua has announced the findings of a worldwide survey of supplychain, procurement and finance business leaders, on the status of their digital transformations, the obstacles encountered and keys to success. Digital transformation often fails because of an inability to onboard suppliers and poor user adoption. About Ivalua.
Office of Management and Budget (OMB) estimates federal grants to states and local governments in FY2019 totaled nearly three quarters of a trillion dollars. trillion, making grants roughly 17% of the total federal budget. . Federal grants often make up a large portion of any state, county or municipal budget.
SupplyChain Resilience Focus on building robust local and regional supplychains. Strengthen SupplyChain Capabilities : The global supplychain challenges underscore the importance of developing resilient local and regional supplychains.
Ikea is a leader with plans to ensure a sustainable supplychain. And with consumers increasingly looking to brands to align with their own values, brand equity can be greatly increased by thoughtful spend management and supplychain policies. . This is a shame not just for the social benefit. Take the U.S.
Procurement and supplychain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supplychain teams are under constant pressure. So what’s pressuring procurement and supplychain leaders the most?
How can government do better in this current world of supplychain issues and labour shortages? To have sufficient budget for the successful submission Assume that the costs for past similar procurements have not significantly changed. Do not disclose the budget in the solicitation. Research current contractor costs (e.g.
The CBSA also initiated their first-ever anti-circumvention investigation in respect of container chassis from China and acted on the 2024 federal budget’s promise of a new “Market Watch Unit”, whose monitoring was responsible for the CBSA initiating an anti-dumping investigation.
For procurement and supplychain professionals, the biggest takeaway from 2020 is that no matter how hard you try, you cannot predict the future. COVID-19 disrupted supplychains on an unprecedented scale, and businesses became much more reliant on procurement teams to help mitigate the impact. .
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