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As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier riskmanagement are essential components to maintain stability during crises like these. is elevating the position to candidates by making them aware of the various aspects of Procurement beyond sourcing and categorymanagement.
You need emission data that will allow categorymanagers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Corporate emission data from suppliers’ CSR reports or 3rd party climate change questionnaires are not actionable.
You need emission data that will allow categorymanagers and buyers to report emissions tied to their organization’s purchasing activity at a category or product level. Corporate emission data from suppliers’ CSR reports or 3rd party climate change questionnaires are not actionable.
Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain riskmanagement in healthcare and improved patient care? Demand planning capabilities.
Effectively categorymanagement, including assessing and monitoring suppliers and your risk exposure, is not possible without quality data. Managecategories like a financial portfolio. Success requires the following: Gain control of enterprise supplier data.
In fact, as you know, Laura Stanton, who runs the GSA affairs, is ITC organization is the governmentwide categorymanager for technology products and services. New products and capabilities are coming to market like AI and machine learning, and we also have new risks that are emerging. Because I mean, it is one government.
Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier riskmanagement for business continuity in times of crisis. In fact, they experienced just two weeks of disruption before they were up and running.
Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier riskmanagement for business continuity in times of crisis. In fact, they experienced just two weeks of disruption before they were up and running.
Some lessons regarding managing supply chain risk may still help in the near term as companies struggle to reconfigure their supply base to an evolving pandemic. First, categorymanagers should look to investment professionals and take a broad portfolio view of supplier riskmanagement.
CPO’s are now being asked to manage not only the transactional piece of the supply chain, but to also create partnerships with suppliers who are beginning to become more deeply vested in the entire product lifecycle. Challenges in this new manufacturer/supplier partnership Burton cites include: Riskmanagement.
He also talked about the recent release and the new features there, such as a new user interface across the platform, a new categorymanagement module (which I want to investigate more) and an integrated “digital assistant” at platform level.
“In some weird sense, as we see the power of technology, the more apprehensive we get about how much information. The post Optimizing Procurement’s Source-to-Pay Strategy appeared first on Art of Procurement.
“The decision abyss is where the supply chain planning organization does not have visibility and a tool to collaborate with. The post [Pod] Bridging the Decision Abyss with Decision Intelligence w/ Keith Hartley and Lance Younger appeared first on Art of Procurement.
Procurement is always looking for ways to improve and add value. It’s essential that we contribute to business growth and. The post Driving up value, one step at a time appeared first on Art of Procurement.
As part of this effort, OFPP proposed a new circular in November, which would establish a new acquisition data management policy that would require agencies to create policies, processes and tools for acquisition data sharing. Part of that effort means improving the management of software purchasing.
In addition, he will provide updates on the RiskManagement Framework (RMF) and Authority to Operate (ATO) processes as part of the integration of technology in delivering best value healthcare. The Federal Acquisition Service’s IT CategoryManagement Office will also develop a generative AI acquisition resource guide.
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