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Comprehensive knowledge of critical infrastructure and real-time updates to assets and critical end-use loads drives the need for an agile data model capable of integrating disparate data types and maintaining an evergreen information baseline. 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. In accordance with the standards of the National Registry of CPE Sponsors, 50 minutes equals 1 CPE.
With this visibility into risk, companies can then make informed decisions to reduce their exposure. One that takes a portfolio view of category supply risk. Supplier riskmanagement too often focuses on evaluating the risk level of each supplier and selecting lower risk ones when possible.
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. On the new Item 1.05
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. “The
“If ODNI develops and implements a plan to ensure that contractors are informed about the status of reciprocity determinations, contractors may be able to plan projects and hire personnel better, which could have positive effects on government contracts.”
Compliance and RiskManagement: In addition to staffing and technology, procurement professionals need to ensure that all solutions meet regulatory requirements. It’s important to have clear lines of communication between all stakeholders, as well as access to medical personnel who can respond to emergencies on the ground.
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.
The legislation aims to provide clearer distinctions for AI-generated content, calling on NIST to research and develop standards for “providing both authenticity and provenance information for online content.” It would also support NIST’s development of a methodology to mitigate unanticipated behavior from AI systems.
In its internal objective assessment of the technical approach for ePS, the Naval Information Warfare Systems Command (NAVWAR) detailed a host of questions and potential problems about the project. The Electronic Procurement System (ePS) Technical Assessment was developed using partial and outdated information. billion in contracts on.
Cynthia Kaiser, deputy assistant director of the FBI’s Cyber Division, pointed to the agency’s use of AI to help manage the FBI tip line. That phone number serves as a way for the public to provide information to the agency.
Brian Friel , Co-Founder, BD Squared (confirmed) Kevin Plexico , Senior Vice President, Information Solutions, Deltek (confirmed) David Taylor , Founder & CEO, Federal Budget IQ Cybersecurity, Cloud, & AI Panel: What’s Next for the Federal Market?
These multifaceted issues underscore the need for a diverse, well-informed procurement team that can navigate the technical, ethical, legal and community aspects of implementing effective public safety tools while ensuring responsible use of taxpayer resources.”
Over the next four years, GSA fine-tuned the applicability/scope of TDR, established evaluation criteria, and monitored TDR performance. In 2021, after reviewing the Fiscal Year 2020 evaluation results, GSA decided that the “TDR Pilot” was eligible for expansion.
Brian Friel , Co-Founder, BD Squared (confirmed) Kevin Plexico , Senior Vice President, Information Solutions, Deltek (confirmed) David Taylor , Founder & CEO, Federal Budget IQ (confirmed) The Evolving Federal Landscape of AI: What’s Next? The VA received 173 proposals for T4NG 2 and selected 30 awardees.
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
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. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.
Various databases, including SAM.gov and USASpending.gov, provide detailed information on federal contracts, helping businesses identify procurement trends and potential opportunities. Filing a bid protest can arise from allegations of unfair evaluation practices or other improper actions.
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.
Featured Speakers: La’Naia Jones × La’Naia Jones Chief Information Officer & Director, ITE As the Agency’s Chief Information Officer (CIO) and the Director of the Information Technology Enterprise (D/ITE), La’Naia J. Most recently, Ms. Jones as the Acting CIO of the Intelligence Community (IC).
Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and riskmanagement. Prior purchase data is also used for demand forecasting improving resource management and operational efficiency.
Distributing agencies’ application infrastructure and workloads among different clouds has benefits, such as greater resilience, targeted cost management, and greater flexibility in the future by avoiding lock-in with one provider. In accordance with the standards of the National Registry of CPE Sponsors, 50 minutes equals 1 CPE.
This is where Source-to-Pay systems can help – by providing procurement teams with a system that centralizes information and ensures data quality meets a high standard. This in turn enables procurement teams to better evaluate a situation, make decisions and act. Managing a complex network of direct material suppliers.
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. Early indication in this situation would be key to riskmanagement. A good tool to use to create KPIs is SMART. KPIs also motivate suppliers.
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. .
Following these principles will allow for public sector entities to make informed decisions which will drive competition and the most advantageous combination of cost, quality and sustainability. How Transparency is Ensured in Procurement Transparency is achieved through open contract notices, public tenders, and clear evaluation criteria.
The top concerns related to the risks of using generative AI include a lack of controls to ensure ethical/responsible information generation, a lack of ability to verify/explain generated output and potential abuse/distortion of government-generated content in the public domain.
Work on finding out who your suppliers, who they subcontract to and who your suppliers’ suppliers are and on developing ways to monitor the risks they face so you can assess the potential for serious disruptions to your supply chain. Ensure there is a structure manner in which to maintain this information and act on it. Lesson Two.
How is AI being leveraged to streamline procurement processes and evaluations? Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Small business opportunities.
Over the next four years, GSA fine-tuned the applicability/scope of TDR, established evaluation criteria, and monitored TDR performance. In 2021, after reviewing the Fiscal Year 2020 evaluation results, GSA decided that the “TDR Pilot” was eligible for expansion.
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. Structure a plan to gather complete information about all your suppliers.
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. Appropriately manage the end of the outsourcing arrangement.
Marisol Cruz Cain, Director of Information and Cybersecurity Team for US GAO, highlights some of the unpublicized aspects of AI, like its ability to rewrite code which can make attribution difficult. Marisol has earned a master’s degree in information security from University of Maryland Global Campus. Marisol joined GAO in 2005.
This is where Source-to-Pay systems can help – by providing procurement teams with a system that centralizes information and ensures data quality meets a high standard. This in turn enables procurement teams to better evaluate a situation, make decisions and act. Managing a Complex Network of Direct Material Suppliers.
How is AI being leveraged to streamline procurement processes and evaluations? Multiple Award Schedule (MAS) Price Evaluation. Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Small business opportunities.
Arnaud (Ivalua) – Buyers’ objectives have expanded over the years – initially responsible for savings and cost avoidance, Byers were then tasked with handling riskmanagement, and also expected to contribute to the organization’s sustainability initiatives. . Supplier Performance Evaluation.
Agencies are learning how to use AI to combine multiple sources of data and proprietary information to derive actionable insights. Prior to that, Mr. Desai served as the Deputy Chief Information Security Officer for the Federal Deposit Insurance Corporation (FDIC).
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.
Qualifying checks establish an understanding of the supplier’s business continuity planning and evaluates things like riskmanagement policy, financial viability, quality controls, cloud security and performance tracking across your supply chain.
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. IT/Services Committee Meeting with GSA’s Office of IT Category, Feb.
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.
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.
Much like how Chief Information Officers and Chief Financial Officer’s roles are evolving, the CPO role is now expected to go above and beyond the traditional role architecture. Challenges in this new manufacturer/supplier partnership Burton cites include: Riskmanagement.
New products and capabilities are coming to market like AI and machine learning, and we also have new risks that are emerging. So supply chain riskmanagement and elimination becomes a very important discipline. The world of acquisition, and especially the world of the marketplace we’re living within is changing very fast.
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