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Your procurement compliance and risk management checklist

Bonfire

Keep reading for a checklist to help you optimize procurement compliance and internal risk management. Educate on the benefits to both them and the organization if the rules are followed—such as spending budget efficiently, increased transparency, avoiding legal issues, streamlined workflows, etc.

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Space Force Issues Commercial Space Strategy; Gen. Chance Saltzman Quoted

GovCon Wire

The military branch said Wednesday it will implement the Commercial Space Strategy through four lines of effort: collaborative transparency, operational and technical integration, risk management

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A red light for corruption: How the Dominican Republic is using open data, better processes & collaboration to fight corruption

Open Contracting Partnership

Approach: The new director of the procurement agency led the development of a data-driven corruption risk monitoring system and worked with a reform team to strengthen the institutional capacity of government buyers, improve cross-agency coordination and increase collaboration with civil society. More recently, it canceled a RD$1.3

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It’s Time to Rethink Supply Chain Risk Management

ivalua

In a Forrester Consulting survey of over 400 procurement decision makers at companies with over 1000 employees, the top barrier to ensuring supply continuity was an inability to effectively assess the overall risk across suppliers in a category. Improving Supplier Collaboration. Fortunately, we have what we need today.

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FAR & Beyond: GSA’s TDR Expansion – The Journey Continues

Federal News Network

GSA also consistently pointed to TDR data management as an effective tool in addressing security issues, including supply chain risk management. GSA identified additional benefits, including enhancing transparency across the federal market and increasing opportunities to leverage data towards best value acquisition strategies.

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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. Create speed and transparency. Making processes transparent enables everyone along the supply chain to react quickly.

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.”