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How an agile SupplyChain drives a sustainable competitive advantage. As companies reassess their supplychains in light of the Covid-19 pandemic as well as growing pressure to improve sustainability, some lessons can be learned by taking a look back. Zara’s SupplyChain Approach. Zara & fast-fashion.
And at the same time, we’re seeing this growing swell of compliance costs, whether it be cybersecurity, increasing audits, supplychain regulations that are all creating an environment where doing business with the federal market is actually getting more expensive and the barriers are going up.
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 SupplyChain Management (SCM) role. I've never met anyone who studied supplychain management at university because they knew that's what they wanted to do.
The Covid-19 pandemic has exposed the fact that many supplychains remain inadequately prepared for a crisis. Supplychain management and procurement sit poised on the frontlines of managing global supply risks for their brands. Today’s supplychain managers deal with higher financial risks than ever before.
The Department of Veterans Affairs provided Congress with a “long overdue” update Tuesday on efforts to modernize its supplychain, fielding questions from lawmakers about the department’s transparency regarding the plan. The post Congress presses VA on modernization overhaul, supplychain system upgrade appeared first on FedScoop.
60] Similarly, what the contractor provides as consideration should, if possible, not be a substantial change to work type or quantity. And, at that level of inflation, other defenses will likely arise (such as objective impossibility due to severe supplychain dislocation). Thus, under astronomical inflation (e.g.,
SupplyChain Realignment Generally speaking, going into 2023, supplychains have significantly improved, alleviating some of the inflationary pressure caused by previous disruptions. 86] Hence, supplychain realignment is well underway. .” 86] Hence, supplychain realignment is well underway.
Aimed primarily at imports from key trading partners, these tariffs are set to significantly affect a wide array of goods, directly highlighting the impact of US tariffs on UK supplychains. The Impact of US Tariffs on UK SupplyChains 1. How Procurement Professionals Can Respond 1.
The objective of the interim rule is to “…address risks in supplychains by reducing or removing threats and vulnerabilities that may lead to data and intellectual property theft, damage to critical infrastructure, harm to Federal information systems, and otherwise degrade our national security.”
White House Publishes 2024 Federal Agency AI Use Case Inventory Fedscoop reports that on December 18, the White House released the 2024 Federal Agency Artificial Intelligence (AI) Use Case Inventory. Only use cases that can be publicly disclosed are included in the inventory.
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