American City & Country

NOVEMBER 18, 2024

Compliance and Risk Management: 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.

Procurement 58

Procurement Procurement Team Supplier Quality 58

FedScoop

JANUARY 23, 2024

ODNI specifically would be able to improve its oversight of this process if it followed best practices for testing data reliability, GAO said, giving the example of “tracing a sample of data records to or from source documents” to evaluate if the information is accurate and complete.

Risk Management 110

Risk Management Data Accountability Management 110

FedScoop

NOVEMBER 15, 2023

Companies deploying “critical-impact” AI would have to perform risk assessments consistent with NIST’s existing AI Risk Management Framework, and these evaluations would then have to be submitted to the Commerce Department.

Transportation 100

Transportation Transportation Innovation Risk Management 100

ivalua

NOVEMBER 26, 2020

Supply Chain Risk Management 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.

Supply Chain 105

Supply Chain Supplier Risk Management Inventory 105

American City & Country

SEPTEMBER 18, 2024

He offers this purchasing example: “Using cooperative contracts for government IoT technology procurement offers significant benefits in cost savings, efficiency, and risk management.” Additionally, by standardizing IoT technology across multiple agencies, cooperative contracts can enhance interoperability and simplify management.

Purchasing 110

Purchasing Total Cost of Ownership Government Government 110

Federal News Network

AUGUST 9, 2024

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.

Price 87

Price Transparency Supply Chain Data 87

The Coalition for Government Procurement

OCTOBER 31, 2024

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.”

E-procurement 52

E-procurement Logistics Budget Procurement 52

Federal News Network

MAY 14, 2024

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 risk management framework (RMF) process to six critical controls,” he said. “On

Sustainability 122

Sustainability Evaluation Inventory Thresholds 122

FedScoop

JUNE 5, 2024

At the time it was created, Miller said, the panel established a number of ethical controls similar to that of the National Institute of Standards and Technology’s Risk Management Framework. She said the FBI started with a risk assessment in which it analyzed its needs and use cases to assist with acquisition and evaluation. “We

Ethics 104

Ethics Transparency Innovation Inventory 104

ivalua

MARCH 9, 2020

Learn about our exciting, NEW Risk Center feature which provides one unique scorecard to give risk managers a 360 degree vision of supplier risk.

Supplier 40

Supplier Risk Management Evaluation Management 40

ivalua

FEBRUARY 8, 2023

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. The pandemic saw incredible growth in this area and highlighted opportunities for improvement within procurement processes and procedures.

Supply Chain 97

Supply Chain Supplier Manufacturing Procurement Team 97

Public Contracting Institute

JULY 12, 2024

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.

Management 52

Management Government Government Quality 52

Select GCR

DECEMBER 3, 2024

Filing a bid protest can arise from allegations of unfair evaluation practices or other improper actions. Effective contract management involves balancing compliance, risk management, and performance monitoring to ensure successful service delivery.

Bidding 52

Bidding Government Government Buyers 52

The Coalition for Government Procurement

NOVEMBER 7, 2024

The award decisions received protests on the evaluations of small business participation, veteran employment, and relevant experience. In October, COFC ruled that protests involving small business evaluations, veteran employment, and relevant experience could continue. The VA received 173 proposals for T4NG 2 and selected 30 awardees.

Logistics 52

Logistics E-procurement Supply Chain Procurement 52

Federal News Network

AUGUST 20, 2024

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 risk management strategy, doesn’t offset the critical findings. Those are the three most common evaluation criteria,” he said.

Procurement 119

Procurement Electronics Contract Evaluation 119

Tracker Intelligence

NOVEMBER 20, 2024

Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management. By identifying potential risks, procurement teams can proactively address vulnerabilities.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

ivalua

NOVEMBER 23, 2020

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 risk management programs for their supply chain. Lesson Two.

Supply Chain 52

Supply Chain Supplier Risk Management Evaluation 52

Federal News Network

MARCH 25, 2024

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.

Procurement 59

Procurement Supply Chain E-procurement Buyers 59

ivalua

MARCH 24, 2022

Further, suppliers play a pivotal role in innovation, ESG, risk management, quality, supply continuity, and many other critical organizational functions. Ivalua is honored to be recognized in this important evaluation covering a broad range of Procurement and Supply Chain processes.

Supplier 52

Supplier Management Supply Chain Media 52

Tracker Intelligence

FEBRUARY 22, 2025

How Transparency is Ensured in Procurement Transparency is achieved through open contract notices, public tenders, and clear evaluation criteria. A well-managed procurement project ensures long-term efficiency and benefits for the community served, preventing unnecessary expenses over a contracts lifecycle.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Oxford College of Procurement and Supply

JANUARY 14, 2025

The Oxford English Dictionary defines benchmarking as: Evaluating (something) by comparison with a standard. But how do you determine whether your suppliers are truly offering the best value? The answer lies in benchmarking. What is Benchmarking?

Procurement 52

Procurement Total Cost of Ownership Supplier Cost of Ownership 52

ivalua

JULY 22, 2020

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 risk management obligations. Appropriately manage the end of the outsourcing arrangement.

Supplier 52

Supplier Risk Management Management Contract 52

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

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 risk management. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

JUNE 4, 2020

This in turn enables procurement teams to better evaluate a situation, make decisions and act. Managing a complex network of direct material suppliers. Risk & Performance Management. To get started and keep the process more manageable, many companies focus on a smaller subset of key suppliers. Financial, etc.).

Supply Chain 69

Supply Chain Procurement Supplier Procurement Team 69

FedScoop

OCTOBER 17, 2023

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.

Government 77

Government Government Ethics Balance 77

FedInsider

OCTOBER 8, 2024

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.

Government 69

Government Government Engineering Participation 69

ivalua

AUGUST 16, 2021

A checklist guide to getting the most out of your supplier risk management 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. .

Supplier 52

Supplier Management Supply Chain Risk Management 52

The Coalition for Government Procurement

AUGUST 9, 2024

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.

Price 45

Price Transparency Supply Chain Evaluation 45

Federal News Network

JANUARY 2, 2024

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 risk management 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.

Supply Chain 100

Supply Chain Balance Supplier Data 100

The Coalition for Government Procurement

MARCH 22, 2024

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.

Procurement 49

Procurement Supply Chain E-procurement Buyers 49

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management 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.

Supplier 52

Supplier Supply Chain Management Warehouse 52

The Contractor's Perspective

SEPTEMBER 22, 2022

Based on these new policy announcements, contractors should consider the following types of compliance and risk management steps: DOJ is preparing to roll out self-reporting programs throughout the Department, similar to those already in place for FCPA and the Antitrust Division.

Evaluation 40

Evaluation Accountability Risk Management Management 40

ivalua

DECEMBER 20, 2019

Qualifying checks establish an understanding of the supplier’s business continuity planning and evaluates things like risk management policy, financial viability, quality controls, cloud security and performance tracking across your supply chain.

Supplier 40

Supplier Supply Chain Balance Manufacturing 40

Inter-American Development Bank

MARCH 7, 2023

Opportunity #2: Disaster Risk Management 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.

Finance 52

Finance Price Sustainability Capacity 52

ivalua

JULY 8, 2020

This in turn enables procurement teams to better evaluate a situation, make decisions and act. Managing a Complex Network of Direct Material Suppliers. Risk & Performance Management. To get started and keep the process more manageable, many companies focus on a smaller subset of key suppliers. Financial, etc.).

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

Kluwer Arbitration

OCTOBER 18, 2023

Sanger explained, her firm was able to develop a strong relationship with the client in offering that level of confidence, faith and risk-sharing. Risk Management Tools Ms. Sanger also discussed the use of insurance products to offset the risks associated with an unsuccessful outcome, such as CFA insurance.

Insurance 52

Insurance Price Risk Management Accountability 52

ivalua

DECEMBER 18, 2019

Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Tools for business optimization and risk management (including AI) — Improve business planning accuracy and decision making frameworks. Risk management. Operations.

Supplier 40

Supplier Data Management Procurement 40