ivalua

NOVEMBER 23, 2020

The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. Chaos from the coronavirus has made clear that procurement & supply chain practices need to get smarter. Supply chains have been badly disrupted.

Supply Chain 52

Supply Chain Supplier Risk Management Evaluation 52

ivalua

MARCH 16, 2021

They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supply chain management activities that can help Procurement teams build and maintain supply chain resilience now and in the years to come. Why is visibility so important?

Supply Chain 52

Supply Chain Manufacturing Supplier Procurement Team 52

ivalua

DECEMBER 1, 2022

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.

Risk Management 52

Risk Management Management Supplier Supply Chain 52

The Procurement School

FEBRUARY 6, 2024

P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. The impact of such training is significant, leading to more streamlined procurement processes and better decision-making in supply chain management.

Supply Chain 52

Supply Chain Efficiency Procurement Management 52

American City & Country

NOVEMBER 18, 2024

Use procurement software or work with a GPO like OMNIA Partners that offers advanced analytics tools to track spend, identify trends, and optimize your supply chain. Using a cooperative purchasing program ensures compliance with state and federal laws while reducing the risks associated with supplier management.

Purchasing 58

Purchasing Procurement Supplier Supply Chain 58

ivalua

JULY 8, 2020

As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react. There are many supply chain management lessons to learn from the Covid-19 crisis. These challenges in the direct material supply chain pose a real threat, especially in a time of crisis.

Supply Chain 10

Supply Chain Procurement Procurement Team Supplier 10

ivalua

SEPTEMBER 26, 2019

Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do…. The examples that Musk mentions in the video show that modern supply chains are becoming more global and more complex. Reason #1: Risk is everywhere.

Supply Chain 40

Supply Chain Risk Management Supplier Management 40

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

KPIs need to be created with the understanding of what is important to the business, what information can add value and with consideration on how the information required can be gathered. The second KPI gives the supplier the exact details of what is required and as such allows the organisation to fairly manage the supplier’s performance.

Import 59

Import Procurement Supplier Supply Chain 59

ivalua

JANUARY 29, 2021

PWC has been publishing the annual procurement survey since 2015, capturing many of the trends in procurement that we now see in organisations, such as the focus on supplier risk management. The feedback from the survey was that process adaption and change management are the most important factors.

Supplier 78

Supplier Supply Chain Procurement Team Risk Management 78

Kluwer Arbitration

APRIL 19, 2024

Supply Chain Due Diligence (“SCDD”) laws, such as the German Lieferkettensorgfaltsgesetz , the recently approved EU Corporate Sustainability Due Diligence Directive , or the U.S. As an advocate for such laws, I recognise the urgent need to make supply chains fairer and more ethical.

Supply Chain 52

Supply Chain Ethics Supplier Corruption 52

ivalua

MAY 1, 2020

The total costs, in terms of human lives, disrupted supply chains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders.

Supply Chain 40

Supply Chain Management Supplier E-procurement 40

Federal News Network

NOVEMBER 17, 2023

We think if we replace that language with best value, it’s clear, it’s easier to train, it’s easier to explain, and, more important, it’s consistent with the direction Congress has given and consistent with what we’re trying to do with the acquisition system.”

Price 105

Price Supply Chain Risk Management Contract 105

ivalua

JUNE 16, 2021

The pandemic was a wake-up call for businesses worldwide, who struggled to overcome operational disruption — everything from the transition to remote working, to supply chain chaos. What’s more, PwC found that the average investment in risk management among MENA companies was $1.5 Enter eProcurement.

Supply Chain 52

Supply Chain Eprocurement Procurement Team Supplier 52

The Coalition for Government Procurement

APRIL 26, 2024

We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supply chain, and much more. We look forward to seeing you in May!

Supply Chain 64

Supply Chain Procurement Professional Services Leadership 64

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. We also have global events that are causing disruptions to the supply chain.

Supply Chain 105

Supply Chain Balance Supplier Data 105

FedScoop

JULY 30, 2024

Additional goals called out in the memo include leading an information security program grounded in technical expertise and risk management, increasing the marketplace rapidly through offering additional authorization paths, and leveraging shared infrastructure in public and private relationships.

Supply Chain 117

Supply Chain Leadership Collaboration Risk Management 117

ivalua

OCTOBER 7, 2019

The high level summit is conceptualized to address the long term and broad spectrum impact of Logistics and Supply Chain in the nation economic progress. Supplier Management is a growing challenge for Supply Chains. They can identify, assess, and mitigate risks to be prepared for anything.

Supply Chain 8

Supply Chain Risk Management Logistics Supplier 8

FedInsider

OCTOBER 21, 2024

He oversees risk management and cybersecurity accountability for information systems, weapon systems and operational technology supporting military cyberspace operations. His portfolio includes policy and governance of the defense industrial base, cyber supply chain risk management, compliance and cybersecurity capabilities.

Supply Chain 94

Supply Chain Engineering Risk Management Participation 94

FedInsider

OCTOBER 24, 2024

Tune in on your favorite podcasting platform as our experts talk about the importance of good partnership between public & private sectors to take advantage of a wide range of solutions. Ben is a lifelong technologist with a special passion for secure software supply chain, distributed systems, and memory-safe programming languages.

Supply Chain 105

Supply Chain Leadership Education Engineering 105

ivalua

OCTOBER 22, 2020

Hence, I thought it valuable to review why the Procure-to-Pay Process flow is so important today and, most importantly, how to realize the potential value of a successful digital transformation. Cash management has quickly risen up the (increasingly long) totem pole of Procurement priorities.

Procurement 59

Procurement Supply Chain Purchasing Supplier 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

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. Ivalua Supplier Risk and Performance Management Checklist.

Supplier 52

Supplier Supply Chain Management Warehouse 52

ivalua

APRIL 13, 2021

Efficient communication, the ability to securely share information and project manage efforts are all key to scaling collaboration across more processes, suppliers & categories. Ensuring Supply Chain Agility. For example, supply chains may have to be adjusted to support new company sustainability or other CSR policies.

Supply Chain 52

Supply Chain Procurement Supplier Collaboration 52

ivalua

MARCH 16, 2022

Not surprisingly, risk management and cost reduction are considered the most important priorities for Procurement professionals (see image 1). . Risk Management is Top of Mind. On the increased importance of managing risk. CEO Risk Management Priorities. Main Corporate Risks.

Procurement 52

Procurement Risk Management Supplier Procurement Team 52

ivalua

JUNE 2, 2016

For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Globalization. Burton predicts that China and Brazil will become hubs for global sourcing.

Supply Chain 45

Supply Chain Procurement Supplier Global Sourcing 45

ivalua

AUGUST 1, 2022

In these cases, organizations should look to add-on a layer of supplier management. Why is Holistic Supplier Management important? Holistic Supplier Management can provide value beyond sourcing and Procure-to-Pay savings. Building more resilient supply chains that withstand volatility.

Supplier 52

Supplier Management Supply Chain Sustainability 52

Federal News Network

MARCH 25, 2024

The Coalition appreciates the efforts of FAS to maintain dialogue with industry on this important guidance. Supply chain risk management and domestic sourcing. The government is planning to host events for industry to provide feedback on the paper and strengthen the domestic PPE supply chain.

Procurement 59

Procurement Supply Chain E-procurement Buyers 59

The Coalition for Government Procurement

NOVEMBER 7, 2024

He added that several small businesses that work with the Army “were at least partially at risk” to cyber threats. Prioritize as a key contract consideration the handling of data, including procedures for data management, accountability, and access. James Peake , M.D., James Peake , M.D.,

Logistics 52

Logistics E-procurement Supply Chain Procurement 52

The Coalition for Government Procurement

MARCH 22, 2024

The Coalition appreciates the efforts of FAS to maintain dialogue with industry on this important guidance. Supply chain risk management and domestic sourcing. The government is planning to host events for industry to provide feedback on the paper and strengthen the domestic PPE supply chain.

Procurement 49

Procurement Supply Chain E-procurement Buyers 49

Public Contracting Institute

JULY 12, 2024

This article will delve into the best practices for mitigating risks and ensuring smooth collaboration with your subcontractors. Understanding the Importance of Subcontractor Management Effective subcontractor management is crucial for the success of government contracts.

Management 52

Management Government Government Quality 52

Select GCR

JUNE 18, 2024

Non-compliance with DFARS can result in serious ramifications for defense contractors, including contract issues, legal action, financial penalties, and reputational damage, emphasizing the importance of leveraging expert guidance and ensuring compliance across the supply chain.

Supply Chain 40

Supply Chain Accountability Government Contracts Contract 40

ivalua

DECEMBER 20, 2019

Gartner covers this in the report: Balancing Speed and Risk Oversight with Supplier Onboarding ) The degree of supplier scrutiny varies depending on the importance of the contract and the strategic value of the supplier. .

Supplier 40

Supplier Supply Chain Balance Manufacturing 40

ivalua

MAY 18, 2022

At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Yet, too few businesses do so well.

Supplier 52

Supplier Management Collaboration Supply Chain 52

Federal News Network

FEBRUARY 24, 2025

Genatempo, who manages 2,700 personnel under his command and is responsible for a $21 billion portfolio that includes developing, producing, deploying and sustaining Air Force aerial networks, enterprise IT and cyber infrastructure, could have deployed AI tools in a number of different areas ranging from finance to logistics to the supply chain.

Data 76

Data Networking Finance Collaboration 76

Great Government Through Technology

OCTOBER 18, 2023

As we move forward into the new fiscal year, the Office of Management and Budget (OMB) continues to emphasize cybersecurity priorities for civilian agencies to consider when developing FY24 and FY25 budget requests. How GSA supports agencies GSA recognizes that every agency has unique needs, but the overarching goals remain.

Supply Chain 40

Supply Chain Budget Strategic Planning Risk Management 40

ivalua

MAY 9, 2023

Survey results in a new study by Forrester , commissioned by Ivalua, reveal several important lessons for procurement leaders to keep in mind as they adapt their departments for success. Disruptions, ethical and compliance risks are more likely to occur deep in your supply chain. Second, map your sub-tier.

Procurement 52

Procurement Supplier Collaboration Supply Chain 52

ivalua

JULY 13, 2022

Arnaud (Ivalua) – Buyers’ objectives have expanded over the years – initially responsible for savings and cost avoidance, Byers were then tasked with handling risk management, and also expected to contribute to the organization’s sustainability initiatives. .

Sustainability 52

Sustainability Buyers Supplier E-procurement 52