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Govern” focuses on how an organization’s “cybersecurity riskmanagement strategy, expectations and policy are established, communicated and monitored,” the framework stated, and is intended to address the implementation and oversight of a cybersecurity strategy.
This guide examines the fundamentals of public procurement, including fairness, value for money, and transparency, and how they influence both ethical and effective procurement procedures. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.
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.
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.
Many municipal and county governments rely primarily on Federal Emergency Management Agency (FEMA) Flood Insurance Rate Maps (FIRMs) and Flood Insurance Studies (FIS) for flood information. Pluvial (rainfall-related, or “flash”) flood information is not generally available or accessible to communities. annual chance events.
It will put in place commonsense safeguards for the highest-risk applications of AI — like in our critical infrastructure — and improve transparency for policymakers and consumers.” The same “critical-impact” AI systems that are subject to risk certification would also have to self-certify with the Commerce Department’s standards.
GSA also consistently pointed to TDR data management as an effective tool in addressing security issues, including supply chain riskmanagement. GSA identified additional benefits, including enhancing transparency across the federal market and increasing opportunities to leverage data towards best value acquisition strategies.
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. Create speed and transparency. Making processes transparent enables everyone along the supply chain to react quickly.
Theresa Campobasso Senior Vice President of Strategy, Exiger Government Solutions Theresa Campobasso is continuing to leverage her extensive expertise to educate public and private sector customers on how to move beyond a basic compliance-based approach to supply chain riskmanagement and instead adopt a threat-based, risk-informed program to increase (..)
Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.”
Pimentel joined the agency after making a name for himself as a transparency and anti-corruption campaigner, having been Executive Director at Transparency International’s local chapter Participación Ciudadana. DGCP trained staff on public procurement, riskmanagement, and supplier due diligence.
Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and riskmanagement. It focuses on how public sector entities can enhance compliance and transparency. What is Data Analytics in Procurement?
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?
Specifically, the new policy defines what cloud products are subject to FedRAMP requirements, lays out requirements for agencies to use authorized services, outlines the roles and responsibilities of the FedRAMP board and program office, and instills a more transparent and consistent process for security reviews. ” Rep.
The procurement policy note is designed to provide transparency in AI procurement, including the initial awarding process and the duration of the contract. Ultimately, the PPN ensures transparency and ethical considerations in AI use. AI compliance in public procurement remains a developing process.
Various databases, including SAM.gov and USASpending.gov, provide detailed information on federal contracts, helping businesses identify procurement trends and potential opportunities. Detail your methodology to explain how you plan to maintain transparency and address issues promptly. How can subcontracting benefit small businesses?
GSA also consistently pointed to TDR data management as an effective tool in addressing security issues, including supply chain riskmanagement. GSA identified additional benefits, including enhancing transparency across the federal market and increasing opportunities to leverage data towards best value acquisition strategies.
Obviously, these methods of capturing and recording data have limitations, and these limitations can hamper decision making in several ways, and ultimately impact the management and resilience of the organizations supply chain. Transparency, or ability to scale data, across an organization. Financial, etc.).
Domain experts, empowered to own and manage their data, can confirm its accuracy, completeness, and relevance to their specific stakeholders, leading to more informed decision-making and better outcomes throughout the drug development lifecycle. This includes data stewardship roles, metadata management, and data lineage tracking.
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. .
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.
Ivalua, a global leader in spend management , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and RiskManagement (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023.
Food service leader digitizes procurement to drive efficiency, transparency and effective supplier management as it accelerates global expansion. The deployment of Ivalua’s platform has been tightly integrated with JFC’s backend SAP ERP systems to ensure seamless flow of information and maximum automation.
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. Create speed and transparency. Get the right talent in place.
He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex Supply Chain Council and Supply Chain RiskManagement. For more information and to register visit the event website. Ivalua will be represented by: Eric Seah, Sales Director.
The Forrester study identified consistent obstacles, as well as clear strategies to successfully manage suppliers to achieve a range of strategic objectives and is well worth a read. Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement.
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. Create speed and transparency.
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? For more information about the NCODE program, visit www.army.mil/dasades#org-work-with-us.
Obviously, these methods of capturing and recording data have limitations, and these limitations can hamper decision making in several ways, and ultimately impact the management and resilience of the organizations supply chain. Transparency, or ability to scale data, across an organization. Some of these challenges include limited: .
Featured Speakers: Nate Fontaine × Nate Fontaine Deputy Chief Information Security Officer Nate Fontaine started his professional career as an F-16 and F-22 Crew Chief in the United States Air Force, simultaneously graduating from Christopher Newport University and Colorado Technical University. Immigration and Customs Enforcement.
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.
Today, they are tackling new priorities like riskmanagement, supplier compliance, actionable insights. Platforms can now pull together and merge relevant information from diverse sources into one place, including external financial figures, internal performance scorecards and risk. Making Insights Actionable.
Often, inefficiencies are created in sourcing or Procure-to-Pay from inaccurate supplier information, payment delays stemming from inaccurate supplier master data, inconsistencies of supplier master data across systems, out-of-date credentials, disconnected supplier riskinformation, etc. Complete S2P process informed by SRM.
Such broad priorities require new supplier strategies, new information and a delicate balancing act between competing objectives. Ensuring supply continuity requires timely and open sharing of information. 50% have increased collaboration & information sharing with suppliers in the past year. It is also a major risk.
Customers must trust that their need for essential services can be met with transparency, without sacrificing their privacy and security. Friday, September 13, 2024 | 2:00PM EDT | 1 Hour | 1 CPE Today’s Federal agencies face a long list of imperatives in serving and defending its constituents while supporting and empowering its workforce.
Finger-crossing as a riskmanagement best practice – Recognizing that risk avoidance is a challenging ROI number to calculate and ignoring low probability events or assuming that you can quickly implement contingency plans is a poor strategy. The problem is when the one person with that knowledge leaves, information is lost.
Risk Reduction : There are so many large, systemic risks to monitor in the world today that it can be difficult to know where to start. That information should be maintained in a central location and kept up to date in case it is needed on short notice.
Key to addressing these challenges is transparency with the client regarding all aspects of the arrangement and ensuring a full understanding of the proposed structure. Sanger explained, her firm was able to develop a strong relationship with the client in offering that level of confidence, faith and risk-sharing. In particular, Ms.
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.
Silvia Ihensekhien (Director of Information Security and RiskManagement, Swire Coca-Cola) and Mr. Duncan Watt (Legal Director, Litigation & Dispute Management, Eversheds Sutherland). Justice Russell Coleman (Judge, Court of First Instance of the High Court), Ms.
Our vision is building sustainable communities together, and it’s in our best interest to be transparent with our suppliers, and get them to understand how they’re being measured against sustainability.” Roach and her team chose Ivalua because of its flexibility from both a procurement and stakeholder perspective. “We
Our vision is building sustainable communities together, and it’s in our best interest to be transparent with our suppliers, and get them to understand how they’re being measured against sustainability.” Roach and her team chose Ivalua because of its flexibility from both a procurement and stakeholder perspective. “We
In its place, the realignment focuses and centralizes MAS contracting management structure for the Office of Information Technology Category, the Office of Professional Services & Human Capital Categories, and the Office of General Supplies and Services Categories. We look forward to seeing you all there!
Brian Friel , Co-Founder, BD Squared (confirmed) Kevin Plexico , Senior Vice President, Information Solutions, Deltek (confirmed) David Taylor , Founder & CEO, Federal Budget IQ FAR Council & Beyond Panel: What’s Next? For more information, please contact Heather Tarpley at htarpley@thecgp.org.
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