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With the responsibility of protecting attendees, crowd control, and maintaining security, procurement teams play a critical role in making sure the staff has everything they need to execute the event. Procurement teams must source reliable security services that can scale up depending on the size and complexity of the event.
When it comes to procurement, having a clear, strategic approach is key to delivering value to your organization. Whether you’re in education, government, nonprofit or the private sector, procurement can be a powerful tool for maximizing savings, streamlining operations, and ensuring compliance.
Photo: Umm Al Quwain – Rainer Strehl David Drabkin and Christopher Yukins presented on October 3, 2024 at the International Public Procurement Conference 9, a regular event which was held this year in the emirate of Umm Al Quwain in the United Arab Emirates. Because of a surge in armed hostilities in the Gulf, they presented virtually.)
The General Services Administration and Microsoft reached an agreement under the Governmentwide Microsoft Acquisition Strategy (GMAS) to streamline IT acquisition processes and enhance cybersecurity standards for agencies procuring the companys services, the GSA announced Wednesday.
Supplier riskmanagement is the effort associated with identifying, assessing, mitigating, and monitoring risks associated with an organization’s third party. The post What is Supplier RiskManagement? appeared first on Art of Procurement.
We recently chatted with seasoned procurement pros at our OntarioTalk event, and they had some great compliance advice that applies to all jurisdictions. Lawrence College Luca Del Grosso , Manager of Procurement at Technical Standards and Safety Authority They all shared their experiences and what worked well in their agencies.
The post Relationship Building: The Key to Effective RiskManagement in Procurement appeared first on Art of Procurement. “You need to know your suppliers, what they can and what they can’t do, and what they’re ready to do.
Graber comes to government after a long career in the private sector, where his experience includes managing Googles security and privacy technical program for four years and joining Twitter before it became X as an information security manager and then a risk and data analytics senior manager, according to his LinkedIn.
Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. Understanding Supplier RiskManagement.
Third-party RiskManagement (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.
Bindi Patel, a more than two-decade consulting industry veteran, has been appointed vice president of contracts and procurement and corporate risk officer at Springfield, Virginia-based defense and space manufacturing company Ensco.
The post Participating in Procurement and Other Extreme Sports appeared first on Art of Procurement. According to a 2020 study by BCG, 70 percent of transformation projects fall short of expectations. This means that transformations.
Riskmanagement, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction. This is particularly true in the Middle East. “The
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. . Rather than disrupt supply, let’s disrupt supplier management. But a radical rethink is needed to succeed.
Procurement and supply chain professionals excel at. The post [Pod] The Next Phase of Dial P for Procurement Begins appeared first on Art of Procurement. Nothing that is simple is real, and nothing that is real is simple.
Like every industry Procurement & Supply Chain 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. The May 5 th programme is open to everyone, while the 6 th is limited to current Ivalua customers. .
What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Export and import of certain hazardous wastes.
The Department of the Navy’s third attempt to modernize its contract writing system and overall electronic procurement system is on shaky ground. That hubris reared its ugly head most recently in June when the Navy retracted a technical assessment that found shortcomings in the Navy’s electronic procurement system (ePS) program.
New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s Supplier Management solution, which had already been recognized as a Leader by Forrester Research Inc.
This crisis demonstrates the increasingly global nature and complexity of supply chains and the imperative to manage the risk within this complex supply chain. This recent crisis underscores the need for organizations to establish and maintain effective proactive riskmanagement programs for their supply chain.
The post [Pod] Setting the Standard for Procurement in Western Africa w/ Steve Ashcroft appeared first on Art of Procurement. “Perhaps I shouldn’t say this in a public sphere, but within our class of multilateral development banks, my ideal is.
REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — 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 Effective Procurement Performance Measurement.
Best-in-Class for Healthcare Supply Chain Management? Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain riskmanagement in healthcare and improved patient care?
The Federal Emergency Management Agency has announced plans to conduct a competition for a contract to provide financial, internal controls, IT audit and assessment services for FEMA’s Office of the Chief Financial Officer, or OCFO, RiskManagement and Compliance Division.
Traditionally, procurement has been measured on their ability to generate savings and bring spend under management. The post The Psychological Long Tail of Supply Chain Disruption appeared first on Art of Procurement. That has led to.
Long time listeners of the Art of Procurement podcast will know that the team hosts a related podcast, Dial P. The post 2023 Dial P for Procurement Year in Review appeared first on Art of Procurement.
Tightening the Alignment between Procurement and Corporate Leaders . Using procurement as a catalyst for change . In a recent webinar with PricewaterhouseCoopers (PwC), we compared 3 different global studies where Procurement and C-level Management stakeholders addressed digitalization, risk, and ESG. .
When they buy technology, cities and counties will often face multiple issues, says Dean Cunningham , segment development manager, Public Safety at Axis Communications , a company that produces network cameras, access control systems, network audio devices and other IP networking solutions for physical security and video surveillance applications.
Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. These public procurement principles allow businesses of all sizes to participate equitably, protect the integrity of taxpayer money, and encourage competition and efficiency.
Cybersecurity tops the list of risks that keep c-suite leaders and procurement practitioners up at night. The post From Cybersecurity Threats to Revenue Loss: How to Manage (and Minimize) Risk with Procurement appeared first on Art of Procurement. Organizations face repeated and.
For WashingtonExec’s Top Supply Chain Execs to Watch in 2023, we identified the leaders in GovCon helping federal customers with supply chain riskmanagement, managingprocurement processes, centralizing supply chain systems, ensuring technology is getting to where it needs to go, and helping the nation work through unprecedented supply chain challenges. (..)
What makes KPIs so vital to Procurement? Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations.
Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and riskmanagement.
The post Even with +1, China is still #1 appeared first on Art of Procurement. China’s role in the global supply chain is changing right before our eyes, leaving foreign buyers to feel the discomfort.
Doug Keeley, Product Marketing Manager, Ivalua. The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. While Procurement might not consider these relationships strategic, they are critical nonetheless.
“Getting visibility into the n-tier is the silver bullet that makes procurement every organization’s hero or heroine because everything happens. The post [Pod] From C-Suite Priority to Procurement Strategy: ManagingRisk at Scale w/ Gordon Donovan and Matthew Montgomery appeared first on Art of Procurement.
This month Gartner published its eagerly awaited Magic Quadrant for Procure-to-Pay (P2P) Suites , ranking the top 14 vendors based on ability to execute and completeness of vision. This year’s edition comes at an interesting time, with the Covid-19 pandemic having shifted Procurement priorities and employee working practices.
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. Why is visibility so important?
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. . Objectives for Supplier Risk and Performance Management. Assess and mitigate risk across the supply chain.
Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Riskmanagement. Operations.
Spring also means it is time for a Procurement Policy Spring Cleaning Checklist highlighting the key initiatives that will shape procurement operations for customer agencies and industry partners. The winter months saw a tsunami of proposed rules, management memos, and attestation forms all addressing various aspects of cybersecurity.
Effective today, Dial P for Procurement is the Art of Supply podcast. The post Introducing Art of Supply appeared first on Art of Procurement. Building on the strength of the category-leading Art.
A review of the key elements in supplier management for manufacturers and how Source-to-Pay procurement technology can support the journey towards supply chain resilience and agility in times of crisis. As the COVID-19 pandemic disrupts global supply chains, procurement organizations around the world are scrambling to react.
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