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These processes rely heavily on domain-specific data ingestion and processing for batch and continuous data sources. PNNL developed Aether as a reusable framework for sharing data and analytics with sponsors and stakeholders. Web applications in Aether are served up through API Gateway using Amazon S3 static hosting.
Close Contributing Editor , FedInsider REGISTER The post Bringing Automation to Cloud RiskManagement first appeared on FedInsider. Jane’s private sector career also includes on-air work with multiple radio and television stations, most recently as a daily drive-time host on Federal News Radio/WTOP in Washington DC.
The Office of Personnel Management and the Office of the Director of National Intelligence do not have adequate data for assessing government security clearances and other vetting processes, the Government Accountability Office said in a report released Monday.
Collecting dependent sub tier suppliers via email at such volumes, mapping them to identify common dependencies and augmenting with additional data to assess sub-tier risk is not practical and prone to error. Mitigating and Measuring Risk Impact. Fortunately, we have what we need today.
Ivalua’s Risk Center offers customers a holistic solution to actively monitor and mitigate third-party risk and compliance. This combined picture is visible in actionable dashboards to provide a comprehensive and timely picture of risk and the potential impact on the business.
Procurement must ensure the availability of high-quality systems that allow for real-time monitoring and data analysis to respond to any incidents that may arise. Compliance and RiskManagement: In addition to staffing and technology, procurement professionals need to ensure that all solutions meet regulatory requirements.
While many leading organizations have developed programs to manage and deal with supply chain disruption, this situation is a unique challenge for even those organizations with advanced riskmanagement programs. The post Supplier RiskManagement Considerations for the Coronavirus Outbreak appeared first on Ivalua.
According to the SEC, the new rules “enhance and standardize” disclosures of cybersecurity riskmanagement, strategy, and governance by public companies under the reporting guidelines of the 1934 Securities Exchange Act of 1934. The SEC determined that inconsistent disclosure practices necessitated new rules. billion to whistleblowers.
Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and riskmanagement. What is Data Analytics in Procurement? It focuses on how public sector entities can enhance compliance and transparency.
Refresh 22 included the expansion of Transactional Data Reporting (TDR) as an option for contractors to 67 new Special Item Numbers (SINs) covering non-configurable products. Over the next four years, GSA fine-tuned the applicability/scope of TDR, established evaluation criteria, and monitored TDR performance.
“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.”
Harwood, and Ashley Powers; Miller & Chevalier Chartered The Office of Management and Budget (OMB) released a new memorandum at the beginning of October, “Advancing the Responsible Acquisition of Artificial Intelligence in Government” ( M-24-18 ) (the Memo), intended to help “agencies harness the power of AI.”
Supply Chain RiskManagement on the World Stage – Lessons Learned. Efficiency concepts like using lean initiatives and just-in-time delivery to manage inventory have become commonplace for many years and have made individuals like Deming household names in many business schools.
Zero Trust Guidance for Federal Agencies Fedscoop reports that the Federal Chief Data Officers and Federal Chief Information Security Officers councils have jointly released the Federal Zero Trust Data Security Guide. The VA received 173 proposals for T4NG 2 and selected 30 awardees. All other protests were dismissed.
Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. Accurate supplier data is the fuel that drives critical business processes that impact the bottom line. Supplier data improvements can reduce these costs and minimize the opportunity for error. Operations.
Margaret Boatner, deputy assistant secretary of the Army for strategy and acquisition reform “We are targeting a couple of really key processes like our test and evaluation processes, and importantly, our cybersecurity processes. We really condensed down the entire riskmanagement framework (RMF) process to six critical controls,” he said. “On
And experts said merely withdrawing the technical assessment, which the Navy’s Program Executive Office for Manpower, Logistics and Business Solutions (PEO-MLB) asked for as part of its riskmanagement strategy, doesn’t offset the critical findings. Those are the three most common evaluation criteria,” he said.
In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.
Acquisition is the primary way where the government gets access to the products and services that it needs to deliver on the mission, and it’s data driven process. 100% of acquisition, the heart of the smart modern acquisition is data. And we’ve done significant work over the last few years to get our data position strong.
The Oxford English Dictionary defines benchmarking as: Evaluating (something) by comparison with a standard. Types of Benchmarking in Procurement The benchmarking approach depends on the objectives and data available. Use like-for-like comparisons Ensure fair and relevant data comparisons. The answer lies in benchmarking.
Our Government Contractor Accounting course provides valuable insights into the financial aspects of subcontractor evaluation. By understanding the financial health of your potential subcontractors, you can make informed decisions and mitigate risks associated with their performance.
Refresh 22 included the expansion of Transactional Data Reporting (TDR) as an option for contractors to 67 new Special Item Numbers (SINs) covering non-configurable products. Over the next four years, GSA fine-tuned the applicability/scope of TDR, established evaluation criteria, and monitored TDR performance.
In this article we’ll review how supplier management capabilities in Source-to-Pay technology can free-up and enable a manufacturer’s direct material procurement team to do what they do best to ensure the supply chain remains resilient and agile: be creative and strategic. Supplier Data Quality & Management in Decision Making.
A checklist guide to getting the most out of your supplier riskmanagement program. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. . The following are some of the most common objectives for implementing a supplier risk and performance management program. .
Making this decision involves evaluating the reliability of your outsourced suppliers’ suppliers versus re-shoring your supply chain. This recent crisis underscores the need for organizations to establish and maintain effective proactive riskmanagement programs for their supply chain. Lesson Two.
According to the EBA guidelines, outsourcing an activity shall never: Transfer bank’s senior management responsibility of running core management functions (e.g, risk strategy & oversight of business operations). Impair riskmanagement obligations. Outsourcing lifecycle management. fourth-party risk).
In those roles, she optimized NSA’s IT strategy for the CIO Inspector General and Policy, IT Accessibility, Chief Information Security Officer, and Chief Data Officer portfolios. Jones managed the oversight for IT investments and acquisition programs, ensuring the secure and keen use of IT across NSA. Throughout her career, Ms.
How is AI being leveraged to streamline procurement processes and evaluations? And what of the data that is the “fuel” powering AI? How is that data validated and being used to avoid bias? Multiple Award Schedule (MAS) Price Evaluation. Supply chain riskmanagement and domestic sourcing.
Over half of the respondents are either assessing or planning to evaluate its impact, with a similar percentage looking to implement AI to support mission activities. Source: FedScoop “Gauging the Impact of Generative AI on Government “ Another domain where generative AI is gaining traction is mission intelligence and execution.
KPIs are key performance indicators and are a way in which procurement professionals can understand and evaluate a supplier’s ability to meet their contractual obligations. If a KPI meets all these five elements it provides valuable data to the organisation. Early indication in this situation would be key to riskmanagement.
Below, we list a few high-level actions to get you started: Establish a strategy to generate reliable Scope 3 emission data based on categories and spend. It will require a combination of 3rd party data (from sources such as Exiobase, Ademe, CDP, etc), supplier data and spend data (e.g., POs, and invoices).
Below, we list a few high-level actions to get you started: Establish a strategy to generate reliable Scope 3 emission data based on categories and spend. It will require a combination of 3rd party data (from sources such as Exiobase, Ademe, CDP, etc), supplier data and spend data (e.g., POs, and invoices).
Tuesday, September 24, 2024 | 2:00PM EDT | 1 Hour | 1 CPE In the rapidly advancing world of artificial intelligence (AI), government agencies are leveraging AI technologies to enhance security, operational efficiency, and data analysis across various sectors. Before joining GSA, Zach served as the Chief Data Officer at the U.S.
The amount of data associated with these initiatives can be exponential, a burden too heavy to manage manually. Supplier Performance Evaluation. Arnaud (Ivalua) – ESG criteria can also be applied at the supplier performance management level when buyers are evaluating their suppliers.
How is AI being leveraged to streamline procurement processes and evaluations? And what of the data that is the “fuel” powering AI? How is that data validated and being used to avoid bias? Multiple Award Schedule (MAS) Price Evaluation. Supply chain riskmanagement and domestic sourcing.
Originally published on RiskManagement Monitor. A better way of looking at those relationships is as partnerships—albeit ones that require management and alignment of objectives first and foremost, but ultimately mutually beneficial relationships.
Lack of access : There is currently a lack of data such as success rates, and larger firms typically have greater access to data which can become valuable over time, to the detriment of smaller firms. RiskManagement Tools Ms. Utilize riskmanagement tools : (as discussed above). In particular, Ms.
PAP 2021-05, Evaluation of FSS Program Pricing, is one such example. This PAP fundamentally alters the MAS negotiation process, establishing evaluation standards, requirements, and procedures not found in the Federal Acquisition Regulation (FAR) or the General Services Acquisition Regulation (GSAR). How old is the data?
Opportunity #2: Disaster RiskManagement The increase in the frequency and intensity of disasters caused by climate change is a major challenge for the region, given that we are one of the region’s most vulnerable to the negative effects of climate change.
Take Control of Your Supplier Data Dealing with so many objectives and changing conditions requires more information than ever before, particularly regarding suppliers. It is also a major risk. Without sufficient data, you end up making unknown and sometimes unnecessary compromises, exposing organizations to other risks.
Williams, and Mickey Liebner; Mayer Brown Bipartisan, bicameral legislation in the US Congress would mandate the use of the National Institute of Standards and Technology’s (“NIST”) Artificial Intelligence RiskManagement Framework (“Framework”) by federal agencies. The guidance does not apply to the Federal Supply Schedule.
JD Jack, General Manager for Google Public Sector Cybersecurity, talks how “security validation” can show you how to look at the tools you have, and find a way to evaluate them. Paul Blahusch, CISO for the Department of Labor, shares where agencies should anticipate weaknesses and how funding should be appropriated.
Challenges in this new manufacturer/supplier partnership Burton cites include: Riskmanagement. This is expected to shift dramatically from emphasizing compliance to adopting a more holistic strategy that looks at total risk exposure. Today this rarely exists. How much wasted time do you think that takes to do?
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.
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