Remove Evaluation Remove Risk Management Remove Thresholds
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It’s Time to Rethink Supply Chain Risk Management

ivalua

Has past performance exceeded a threshold? Are the supplier’s 3rd party risk ratings acceptable? Assessing Risk across the Supply Chain. How to properly assess risk is itself a complex topic which I can barely scratch the surface of here. Has a supplier provided relevant certifications (.i.e.

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Army changing the color of money used to modernize software

Federal News Network

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

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Navy’s journey to new procurement system remains in peril

Federal News Network

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.

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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown. Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted.

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Supplier Risk and Performance Management

ivalua

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. .

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From a recent practitioner: More of what’s ahead for federal acquisition in 2024

Federal News Network

I think we recently saw an article that we crossed $100 billion a year market share threshold, which was somewhat unheard of just even a few years ago, but it’s all due to an unknown. New products and capabilities are coming to market like AI and machine learning, and we also have new risks that are emerging.

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Friday Flash 02/09/2024

The Coalition for Government Procurement

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 Risk Management Framework (“Framework”) by federal agencies. Register now by clicking here.