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The Environmental Protection Agency lacks a complete and accurate inventory of its information systems and software asset management data, according to the agencys Office of Inspector General. The post EPA watchdog finds lack of IT systems inventory, software asset management data appeared first on FedScoop.
The IoT Cybersecurity Improvement Act of 2020 required the National Institute of Standards and Technology and the Office of Management and Budget to develop guidance for securely procuring IoT — networked technology and devices typically connected to physical objects like buildings, vehicles and other infrastructure.
The funding issues the FBI faces manifest themselves in two primary areas: procurement, and data architecture and IT infrastructure. Procurement is also a challenge for the FBI, staffers said, because most commercially available AI products do not have adequate transparency of their software components.
When the Office of Federal Procurement Policy launched its Better Contracting Initiative in November 2023, leaders promised this time would be different when it came to developing enterprisewide software licenses. The bill calls for agencies to conduct an inventory and improve the overall management of software.
Inventory misalignment has dragged down revenue and working capital. The post Treasure Hunting with TJX appeared first on Art of Procurement. The last few years have not been kind to retailers.
By: Lawson Products In today’s fast-paced world, efficient procurement is crucial for any entity. As procurement professionals, you are constantly balancing tight budgets, increasing demands, and the need to streamline operations. What is Lawson Vendor Managed Inventory?
Helping businesses reduce the risk of supply chain disruption, optimize inventory levels and make better buying decisions. Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud Spend Management solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability.
Agencies have already begun some of the work needed to prepare for the changes, including inventorying their systems for cryptography and estimating the funding needed to migrate to post-quantum standards, but more work is still ahead. The process of inventorying is part of that work. agencies conducted last year was a “first step.” “We
The key to Zara’s ability to establish an agile Supply Chain rests on the following unique approaches: Procurement Methodology: Zara’s Procurement team doesn’t work on the number of finished clothes but on the quantity of raw materials needed to manufacture the clothes. Zara’s Supply Chain Approach.
What we did last month to run a competitive process or prepare for a procurement is likely going to be how we approach our next. Looking at an example from the last decade, when did procurement realize what it didn’t know? Looking at an example from the last decade, when did procurement realize what it didn’t know?
Specifically, OIG found issues with the GSA’s Inventory of Owned and Leased Properties (IOLP) and the Federal Real Property Profile Management System (FRPP MS). Notwithstanding these corrective actions, we identified deficiencies in GSA’s compliance with the” Geospatial Data Act.
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Now is the time to digitalise procurement and use it as a growth driver.
Salary: $80,244 - $95,832 annually Job Summary: The Public Works Purchasing Manager oversees city-wide procurement processes that ensure compliance with applicable federal, state and local laws and City policies and procedures. Oversees the management of warehouse and parts room operations, inventory control and surplus property.
Each agency and contract can offer unique challenges, but we offer a few key considerations below to guide contractors in assessing their approaches to potential shutdowns: Assess Impacted Contracts – As a first step, contractors should take inventory of their government contracts to assess how a shutdown could impact performance.
8 April, Redwood City, CA – Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on restoring growth. Now is the time to digitalize procurement and use it as a growth driver.
“Until DOJ can ensure that recipients of its grants are in compliance with Title VI, we demand that DOJ pause grants to state, tribal, and local law enforcement agencies that could be used to procure or implement predictive policing technologies (person-based or place-based),” the lawmakers wrote in the new letter. “We
During the pandemic, Procurement flexed its muscle, helping to mitigate supply chain disruptions and enable new channels for engaging with customers and fulfilling orders. Here are four ways leading Procurement organizations can influence retail recovery in 2021 and beyond: 1. Decentralize Procurement. Rethink What’s Normal.
That’s the question we set out to answer in our recent panel discussion with Procurement and Supply Chain experts. A best-in-class solution may also offer inventory management features to enable you to auto-replenish orders, as well as workflows with client-defined business rules to enforce payment channel buying strategies.
Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. One of the early objectives of Procurement was to optimize tail supplier management. Improve cash positions by optimizing the gross margin return on inventory.
LEAN can be used for tangible or intangible procurement and although widely associated with manufacturing, it does not have to be. InventoryInventory relates to stock. If, as a procurement professional you are buying in too much stock this is a form of waste. appeared first on Oxford College of Procurement and Supply.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain 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% supply chain visibility.
Federal agencies have perhaps the tallest order, with the USCCR breaking out overarching oversight, transparency and procurement proposals for any agency that uses facial recognition. 1 deadline for agencies to “provide public notice and plain-language documentation” of such use cases in its AI inventory. “It’s
How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . We talked about seamless information flows across procurement in business. Where do you see opportunities for organizations to take the next step? .
Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. With real-time pricing and inventory information to ensure that the items selected are available. Reach out to us today to discuss all of our Source-to-Pay and Procure-to-Pay solutions.
Businesses can now access all Amazon Business content directly from within Ivalua’s eProcurement and Procure-to-Pay solutions. With real-time pricing and inventory information to ensure that the items selected are available. Reach out to us today to discuss all of our Source-to-Pay and Procure-to-Pay solutions.
Close VP, Solution Architecture, Federated Wireless Chad Jones × Chad Jones Global Government Supply Chain & Procurement Lead Chad Jones is the Global Government Supply Chain and Procurement Lead for KPMG. Looking ahead, Jones said the goal is to make the entire inventory process autonomous with the use of 5G technology. “It
But yet at the same time, there are some procurement reforms cooking up. What about the procurement picture? Kevin Plexico Yeah, I think the procurement environment is strong, and that’s where the optimism, I think, comes from. And the government spending itself never actually goes down.
Real time pricing and inventory ensures items selected are available. Tail spend has always been difficult to control by procurement teams. Ivalua is committed to offering employees the best purchasing experience at work while ensuring business spending supports corporate objectives and policies,” said David Khuat-Duy, CEO of Ivalua.
Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spend management programs and the ROI these programs can generate for procurement teams. . Through this, Procurement will either learn to improve buying channels or educate the user on the right process.
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed in late 2020 by Philip Ideson from Art of Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity. Why is visibility so important?
Sajid Kunnummal, Vice President and CPO at Navistar, was interviewed by Philip Ideson from Art of Procurement to discuss the impact of the Covid-19 pandemic on Procurement. When the crisis hit, Procurement as a function was suddenly in the hot seat, and it became the driving force for business continuity.
But then the move is then transmitted to HomeSafe Connect, where then the now-reformed process really starts to move into automation — from the pre-move survey to the inventory process. “MilMove will be the initial customer interface where [base transportation offices] will build out their initial move requirement,” he said.
New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . Procure-to-Pay. Inventory Efficiency: Improve visibility into stock and process efficiency by defining a distribution scope for each storage location. .
As global risk factors evolve, organizations could leave themselves unprepared, creating unnecessary disruptions that are largely predictable — and in many cases avoidable,” comments Alex Saric, smart procurement expert at Ivalua. About the research. The study was conducted by Forrester Consulting in March 2022 on behalf of Ivalua.
On the procurement side, the strategy says federal agencies still lack a "basic understanding of the various types of cloud services" available on government-wide contracts and in the private sector.
Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks.
31, 2023, the state’s Department of Administrative Services will conduct an annual inventory of all AI-based systems used by state entities, and each year the department must confirm that none of those systems leads to unfair discrimination or disparate impacts. Beginning on Dec.
So as fiscal year 2025 gets underway, what are some of the things that contractors need to take inventory of and have a little break here with this continuing resolution that we’re going to have up until election season? To help with that answer, Larry Allen of Allen Federal Business Partners joined the Federal Drive with Tom Temin.
The need for Procurement to improve collaboration with suppliers, and other stakeholders, has gained broad acceptance in recent years. To Procurement leaders’ credit, they have made significant improvements in collaborating with suppliers. It may seem obvious but it is a major change for many procurement professionals.
It’s like taking inventory of your ideas and creations. Best Practice 5: Follow Ethics and Procurement Rules In IP negotiations, it’s crucial to play fair. This means avoiding conflicts of interest and following all the rules about government buying (procurement). You should also figure out how much your IP is worth.
But for those that have put smart procurement strategies in place, while digitizing supplier relationships, manufacturing and other aspects of business operations, it’s a situation made more manageable. Operating in an environment marked by volatility, uncertainty, and fractured supply chains is a tremendous challenge for any corporation.
How I got into procurement My peers all have a 'story' about how they got into procurement without knowing they were actually working in a Supply Chain Management (SCM) role. If I didn't, I could be left with additional inventory, nobody wanted to buy. Usually, it was my job to determine when people had grown tired of a single.
Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. These include: Supply chain and procurement personnel. It’s no excuse to remain passive, though.
The provision also authorizes procurement technical assistance providers to provide education to small businesses on the requirements of DFARS 252.204-7012, Safeguarding Covered Defense Information, and the requirements for mitigating risks related to foreign ownership, control, or influence of DoD contractors under section 847 of the FY 2020 NDAA.
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