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Public Safety Starts with Smart Procurement

American City & Country

Ensuring public safety at large-scale events, whether concerts, sports games, or community gatherings, comes with unique challenges. With the responsibility of protecting attendees, crowd control, and maintaining security, procurement teams play a critical role in making sure the staff has everything they need to execute the event.

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Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management.

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The Key Pillars of Third-Party Risk Management

ivalua

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. Some of this is due to regulation but a lot is simply due to the increase in risk occurrences of varying types and the increasing complexity of third- party relationships.

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Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

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 risk management programs. Are suppliers struggling financially without access to the Chinese markets, jeopardizing their viability? .

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Supplier information challenges in the automotive industry

ivalua

Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. The audience was extremely engaged as many of them continue to look for better ways to generate the most value from the supplier selection process and ongoing supplier management.

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What are the best Supply Chain Strategies for 2021

ivalua

Supply Chain Risk Management on the World Stage – Lessons Learned. We are now redefining the concept and levels of safety stock and strategic inventory within warehouses and at suppliers to ensure a bulwark against future disruptions. . Managing Risk Across the Supply Chain Remains Challenging.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

If recent shocks were caused by a black swan event or transitory conditions, the lessons and required actions could be considered limited and incremental. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. Has a supplier provided relevant certifications (.i.e.