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Nokia has won a $45 million grant from the National Telecommunications and Information Administration Public Wireless SupplyChainInnovation Fund. The fund is a 10-year, $1.5 billion program advancing open wireless network technologies. The grant will improve Nokias existing investment in U.S.-based
The German SupplyChain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supplychain.
83% fear the biggest disruption from Brexit is yet to come, while increasing supplychain disruption caused revenues to drop by an estimated 18%. Increasing supplychain disruption meant that 28% of UK businesses lost revenue in the last 12 months, with these businesses estimating an average drop in revenue of 18%.
Ivalua’s new Environmental Impact Center empowers Procurement and SupplyChain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. EIC will aid our customers in establishing a more sustainable supplychain to reduce both greenwashing and green-guessing.” Follow us at @Ivalua.
Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, SupplyChain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).
We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
Like every industry Procurement & SupplyChain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Do you remember the days when we used to attend these things called “conferences”? Crazy, wasn’t it! .
For 40 years and counting, LMI has been at the forefront of innovating solutions for the healthcare, artificial intelligence, supplychain management, disaster and pandemic risk management, space innovation, and science and technology sectors.
The global supplychain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supplychain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Session REPLAY. Körber at a Glance…. Körber + Ivalua.
Identifying and Mitigating SupplyChain Risks Both houses of Congress remain focused on assessing and mitigating supplychain risks, especially for materials used for DoD and other national security applications. Subscribe to our blog here so that you do not miss these updates.
As the DOD works with industry to adopt 5G networks, prototyping and sandboxing 5G capabilities can bolster adoption and innovation. He has served on the Board of the Wireless Innovation Forum and on the IT Advisory Commission for Arlington County, Virginia. The NSC provides the Government direct access to over 350 members of U.S.
diplomats abroad, according to the department’s Cybersecurity-SupplyChain Risk Management and Emerging Technologies Working Group lead. Speaking Monday at the ACT-IAC Emerging Technology & Innovation Summit, Louis Blazy said the technology to remotely stop a car in motion already exists, and domestic countermeasures are in place.
To succeed, governments must embrace innovation, integrate cutting-edge tools like artificial intelligence (AI) and blockchain, and empower procurement teams to lead the way. Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors.
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supplychain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supplychains, procurement organizations around the world are scrambling to react.
The release features a broad array of innovations to empower customers to better manage their spend and suppliers. Sub-Tier Supplier Management – The Covid-19 crisis revealed the risk exposure of many organisation’s supplychains due to their suppliers’ suppliers.
BlueHalo, a global defense company, announced expanding its supplychain and manufacturing investments to support the U.S. Space Force Space Rapid Capabilities Office Satellite Communication Augmentation Resource program.
The post Proposed Patent Rule Changes and their Impact on Innovation w/ Wen Xie appeared first on Art of Procurement. As someone who has never specialized in a patent-intensive space, I would have thought that patents were just about a.
The Coalition for Government Procurement was invited to testify before the House Committee on Oversight and Accountability’s Subcommittee on Cybersecurity, Information Technology, and Government Innovation on November 29. The subject of the hearing was “Safeguarding the Federal Software SupplyChain.”
5, and we want your help finding the most impactful supplychain executives. The Pinnacle Awards is an annual program that embodies the WashingtonExec spirit of highlighting successful executives and businesses saving money and fostering innovation for federal clients across the region. For the [.]
This content is part of the latest WBR Report: As the world has been readjusting to the ripple effects caused by the pandemic in the past two years, successful enterprises have developed contingency plans to protect their supply networks from future shocks to the supplychain. Taking Steps to Increase Resiliency.
SupplyChain Transformation is ongoing but never more important than in 2021. SupplyChain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supplychains. What Will Impact Procurement Processes in 2021?
From this discussion, we compiled a list of 8 critical supplychain management activities that to improve, build, and maintain supplychain resilience now and in the years to come. But building an agile, resilient supplychain doesn’t happen overnight; it requires forethought and planning.
The past few years have highlighted serious deficiencies in prevalent supplychain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supplychain disruptions. Assessing Risk across the SupplyChain.
Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supplychain. These platforms bring key stakeholders together to address customer expectations, regulation compliance, supply risks, and much more. Digitization Benefit #4: Enabling Innovation.
Amazon Web Services (AWS) is supporting the Government of Pará, Brazil, in designing and deploying SeloVerde (Green Seal) , a cutting-edge tool to address climate change challenges and traceability in deforestation-risk supplychains. that it deployed in the AWS Cloud in 2023. SeloVerde 2.1 post-2008 deforestation). How SeloVerde 2.1
Nisa Moore Business Area Vice President of Diplomacy, GDIT Nisa Moore is proud of the incorporation of innovation into the nation’s vital supplychains. Her team has worked to enable the government to procure, manage and distribute resources where needed most.
Supplychains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supplychain and your customers’ end markets. How can you create a more efficient supplychain and gain a better understanding of overall performance?
P rocurement, a critical component of supplychain 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 supplychain management.
A Senate bill that would task the National Science Foundation with overseeing a multimillion-dollar competition on artificial intelligence innovations now has a House companion from the leaders of the chamber’s AI task force. The AI Grand Challenges Act from Reps. Jay Obernolte, R-Calif., and Ted Lieu, D-Calif., Cory Booker, D-N.J.,
Businesses must start looking to the supplychain to ensure this renewed focus on transparency and accountability. Importantly, the study demonstrates why more needs to be done across the supplychain to assess and measure green credentials regularly. Measure suppliers on carbon emissions. Taking action today.
They discussed the impact of the Covid-19 pandemic on Procurement and came up with this list of 8 critical supplychain management activities that can help Procurement teams build and maintain supplychain resilience now and in the years to come.
The release includes a broad set of innovations to empower Procurement and SupplyChain leaders to improve collaboration among internal stakeholders and suppliers, proactively mitigate supplier risk and performance issues, gain efficiency and visibility in contracting and improve guidance and effectiveness across procure-to-pay. .
As the COVID-19 pandemic disrupts global supplychains, procurement organizations around the world are scrambling to react. There are many supplychain management lessons to learn from the Covid-19 crisis. These challenges in the direct material supplychain pose a real threat, especially in a time of crisis.
Premier event for Procurement & SupplyChain practitioners will showcase latest innovations in Artificial Intelligence and extensive line-up of industry leaders. We are looking forward to celebrating their successes and showcasing the latest innovations to empower them further.”.
The release includes a broad set of innovations to help organizations better manage their spend and suppliers. Specific release highlights include: Supplier Management Innovations: . Sourcing Innovations: . Ivalua streamlines the process of building, quoting, and analyzing supplier proposals. About Ivalua.
David Drabkin Dave Drabkin and Chris Yukins’ presentation , drawing on their report on debarment for the Acquisition Innovation Research Center, addressed convergence of the contractor exclusion/debarment systems in the United States and the European Union.
And so, DoD, on the one hand, is pursuing a number of policies that are important for protecting national security and policy interests, whether that’s cyber security, supplychain restrictions, domestic preferences. Tom Temin Dan Ramish is a procurement attorney with Haynes Boone. As always, thanks so much.
In recent years, Körber’s global supplychain management network has been intergrated increasingly into all relevant processes – from product development to requirements processing – due to its significant contribution to the company’s success.
The federal government's investment in healthcare surpasses $1 trillion annually, highlighting a clear mission: to partner with businesses at the forefront of medical innovation.
I will be doing the post on vehicles sometime later this week Contract type 15 - food products, catering and automated vending For food procurement, the text of the Resolution and contract type 15 include a reference to the need to have 'short supplychains'. So what is a 'short supplychain'?
The CHIPS Act was created in response to pandemic-induced shortages of semiconductors and other critical manufacturing supplies, causing widespread disruption to supplychains across the country. . 131M towards the creation of a National SupplyChain database. will reduce our dependence on overseas manufacturers.
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