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We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
Joy Sturm, partner, Hogan Lovells Joy Sturm, partner at Hogan Lovells , joins Off the Shelf for a briefing on the proposed BIOSECURE Act that would reshape biotechnology supplychains serving the federal government. The prohibition would cover contracts, grants, and subcontractors.
I guess they were due yesterday, on a FAR Council gambit to establish a FAR Part 40 dealing with supplychain. What does it mean in supplychain security? And so, again, we are welcoming of this FAR Part 40, we are just looking for additional definitions and what exactly they’re characterizing, as, for example, ICT.
The definition of benchmarking according to the Oxford English Dictionary is: Evaluating (something) by comparison with a standard Benchmarking in procurement can take many forms, the most basic being, simply comparing quotes or bids from incumbent suppliers to ascertain the best value. Procurement is all about achieving value for money.
I will be doing the post on vehicles sometime later this week Contract type 15 - food products, catering and automated vending For food procurement, the text of the Resolution and contract type 15 include a reference to the need to have 'short supplychains'. So what is a 'short supplychain'?
Yes, you read that correctly – there is no single definition for the terms “subcontract” or “subcontractor.” The terms “subcontract” and “subcontractor” appear rather frequently in the FAR, being defined in twenty (20) different Subparts, resulting in at least eight (8) unique definitions.
And I think the labor market is definitely an area of challenge that a lot of contractors are facing, not just this particular issue, but just in general. They’re still dealing with pretty significant supplychain issues, even though we’re having the COVID pandemic pretty much in the rearview mirror.
The examples that Musk mentions in the video show that modern supplychains are becoming more global and more complex. Starkly put, the odds of supplychain disruption are growing and will grow even greater in the future.”. CSCMP’s SupplyChain Quarterly. Reason #3: Supplychain issues are costly.
The Pentagon didn’t introduce any groundbreaking changes in the final Cybersecurity Maturity Model Certification rule, but CMMC observers say the Defense Department made several key updates and definitions to help companies as they work to comply with the requirements.
The question arose before Dutch customs what the definition of the term “consigned from” is. The post <strong>EU: Anti-dumping measures to apply in more situations because Commission extends definition of “consigned from”</strong> appeared first on Import and Trade Remedies Blog.
A prior interim rule established the FASC as the repository for reports of supplychain risk. The interim rule also imposes obligations for a related “reasonable inquiry” at the time of proposal submission and quarterly monitoring during contract performance. FASCSA orders apply as follows: Table 1. FASCSA Order Applicability.
Former federal executives and industry experts said it may be time to rethink the IT value added reseller (ITVAR) approach as the FBI and DCIS raid shined a brighter light on supplychain risks that most vendors and agencies generally glossed over until now. I think the government and industry are asking that question now.
Similarly, crises like the COVID-19 pandemic or the Ebola Virus Disease outbreak, which disrupts supplychains and markets, may call for specific procurement strategies. Another consideration is whether the requirement is available in the local market or must be sourced internationally.
And the advance notice the FA Council saying that it may require in a final rule that providers of semiconductors understand the supplychain provenance of each component that goes into the semiconductor that’s provided to a government agency in fulfillment of the contract. And since it is so too should government contractors.
This blog concerns an update of our previous blog on the extension of the definition of “consigned from”, to be found here. The question arose before Dutch customs what the definition of the term “consigned from” is. The EU regularly extends these duties to imports of these products from other countries to counter circumvention.
North Carolina State Poole College of Management recently produced this 28 page report entitled “ 2019 SupplyChain Data Quality and Governance Study ”. The report contains some great illustrations of the current state of Data governance across the organizations that were surveyed, with a specific focus on the supplychain.
Koses said agencies are asking contracting officers and others to do more complex work, particularly with new cybersecurity and supplychain risks management requirements coming into play, so the funding to pay for more training is more important than ever. Congress has asked us to train the workforce in cybersecurity protections.
The proposed definition does not specify what additional diligence should be taken, although it is reasonable to expect that any additional diligence would be short of “independent third party audits or other formal reviews related to such certifications,” which the statute provides is not required.
And so that group includes small businesses, who, by definition, are exempt from the cost accounting standards. And so, DoD, on the one hand, is pursuing a number of policies that are important for protecting national security and policy interests, whether that’s cyber security, supplychain restrictions, domestic preferences.
Larry Allen And so this is definitely going to be an area that the GSA IG weighs in on, and it’s mentor proteges and JV’s (Joint Ventures). So for this year, they’re going to look at one of our old favorites, the Trade Agreements Act.
It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.
In conducting research for this article, I found many definitions of ‘Ethics’. They followed the SupplyChain Canada’s Code of Ethics for Professionals the letter for their entire career and had never encountered this situation before. I asked a search engine ‘What is the difference between Morals and Ethics?’
OMB originally hinted in its Memorandum M-22-11 that for-profit entities were exempt from the BABA requirements due to their general exclusion from the definition of a “non-Federal entity” under the Uniform Guidance. The Guidance (generally) adopts the BAA’s definition of items made predominantly of iron or steel or a combination of both.
Applicability The requirements of the proposed rule will apply to all DoD contracts and subcontracts where the awardees will process, store, or transmit information that meets the definitions of Federal Contractor Information (FCI) or Contractor Unclassified Information (CUI) on contractor-controlled information systems.
These MSMEs also account for 99% of all companies, 70% of all jobs, and 60% of the gross domestic product (GDP) on average across Organization for Economic Cooperation and Development (OECD) countries.
The simplest definition of quality,” Joe Yacura said, “is whether or not the data meets your requirements.” Supplychains are in a battle for data supremacy. Here is what we learned from Joe Yacura: There are so many ways to think about data and data attributes: completeness, relevance, accuracy, timeliness, and lineage.
She noted the enduring relevance of the Report’s definition ( para. The Directive relies heavily on companies’ ability to control supplychain activities through commercial contracts. Focusing on arbitration, Odynski referred to the 2019 ICC Task Force Report on Climate-Related Disputes in Arbitration. Ecuador for an example).
It’s true that the mental models and naming conventions we have been using to define procurement processes and categorize solutions are limited in definition, business process coverage, and scope. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management.
The complainant alleges that goods assembled/completed in Vietnam are “like goods” that otherwise meet the product definition in the February 2022 CITT finding initiating measures against chassis from China.
And procurement and supplychain is suddenly the top priority for organisations – “I’ve never seen a better opportunity in my life to elevate the stature of procurement”, he said. . However, procurement and supplychain are higher profile than ever, and we have to take the opportunity to navigate this. .
The conference is dedicated to supplychain topics primarily focused on Advanced Planning and Scheduling Through Logistics. The first one I attended was a topic on supply base management. Here is what I know from 20 years in the supplychain space: Your data will never be as clean as you want.
Business today isn’t business as usual, as the COVID-19 pandemic impacts organizations and supplychains across the globe. In reality, procurement sees all the waste and redundancy that exists in the supplychain, and has a significant impact on a business’s bottom line. Definitely! Robots can’t run the business.
2] Specifically, the definition of “covered contractor” is any company that “is an existing or prospective contractor or subcontractor of the DoD on a contract, subcontract, or defense research assistance award with a value exceeding $5 million. the questionnaire that will be used to solicit the required disclosures).
But first a definition of efficiency. Certified SupplyChain Leader. Contract Management is often thought to be the last step in the Procurement life cycle but instead it is both the beginning and end of the procurement cycle and it provides a constant feedback loop. He is a UBC Sauder School of Business graduate is a NISCL -.
This was definitely not by chance. Role of Third-Party Financiers Last but definitely not the least is topic (iv) of the post. The 2024 London International Disputes Week (“LIDW”) was stage to several discussions regarding mass litigations.
We will be keeping a particular eye on FAR Case 2018-006, which purports to implement a new definition for “subcontract” as well as a “new approach to the prescription and flow-down of provisions and clauses applicable to acquisitions of commercial items…” and was expressly called out in the Final Rule.
The definition of “ investor ” requires legal persons to engage in “ substantive business operations ” in a host State. This is in line with the CJEU’s ruling in Achmea (C-284/16), deciding that investor-State arbitration under intra-EU BITs is incompatible with EU law. What Is Covered in Their Scope?
AI Definition The UK’s definition of AI will trigger substantive discussions, especially as it seeks to build it around ‘ the two characteristics that generate the need for a bespoke regulatory response ’: ‘adaptivity’ and ‘autonomy’ (para 39). Those tools are discussed in much more detail in part 4 of the AI WP (paras 106 ff).
Optimizing your supplier master data is definitely a worthwhile exercise. Taking issue this relatively simple request is often a telling indicator about a supplier’s willingness to work with you. . Optimizing Supplier Master Data Has Positive Results.
Requirements for Subcontractors and Service Providers The Proposed Rule confirms that DoD wants the CMMC requirements to apply throughout the supplychain, at all tiers. The only exception to the flow down requirements is for contractors that supply exclusively commercial off-the-shelf (“COTS”) products.
Moreover, the desired attributes can be in conflict between themselves and/or with the main functional specifications for the digital technology deployment (eg the increasingly clear unavoidable trade-off between explainability and accuracy in some AI technologies).
The CMMC “About” webpage provides definitions for CUI and FCI. James Peake , M.D., The CMMC program aims to ensure that contractors in possession of Federal Contract Information (FCI) and/or Controlled Unclassified Information (CUI) meet their contractual cybersecurity requirements.
SupplyChain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supplychains. . SupplyChain Risk Management on the World Stage – Lessons Learned. Global SupplyChains are Here to Stay.
A lot of it has to do with the origin supplychain issues vis-a-vis China. There’s a whole big discussion about Chinese supplychains. And look, we’re all in favor of secure supplychains, Tom, everybody wants to make sure that we keep national security at the top of the list. Tom Temin Right.
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