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Federal government agencies would be prohibited from using certain products if they were purchased from an entity other than the original manufacturer or an authorized reseller under a new bipartisan Senate bill. The Securing America’s Federal Equipment (SAFE) in SupplyChains Act was introduced Thursday by Sens.
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.
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.
The pandemic and its aftermath only further exposed the fragility of our supplychains in all parts of the economy. Two prominent procurement laws address supplychains and the industrial base: the Buy American Act (BAA) and the Trade Agreements Act (TAA). Some believe a clarification may be affected via legislation.
The FAR Council issued an interim rule , effective December 4, 2023, which implements the requirements of the Federal Acquisition SupplyChain Security Act (FASCSA). This included three new FAR clauses which prohibit the delivery or use of “covered articles” subject to a FASCSA order in the performance of a government contract.
For manufacturers, key functions such as sourcing and supplier management have become more challenging as the result of increasing supplychain complexity. One area that manufacturers need to focus on is improving supplychain visibility. Visibility all the way up the supplychain.
Procurement and supplychain teams will play a crucial role in making this vision a reality. By ensuring that the right goods and services are purchased at the right price and delivered on time, procurement can help to ensure that a company or organization achieves its goals.
This report encouraged governments big and small to improve the “environment content” of their purchasing policies. 12 Responsible Consumption and Production , calls for a systemic approach and cooperation among all stakeholders along the supplychain to achieve sustainable production and consumption patterns.
Because state and local governments regularly receive federal loans and grants, they are generally prohibited from using any of those funds to purchase covered telecommunications equipment or services.
Healthcare Procurement: Why the Healthcare Industry Needs to Modernize SupplyChains to Meet Today’s Challenges. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money. hospitals use the combined purchasing power of group purchasing organization, or GPOs, to save money.
Two weeks ago, FAR & Beyond focused on the “Competing Global SupplyChain Approaches” governing federal acquisition. This blog continues to explore the mixed supplychain messages the federal government is communicating to the industrial base. The exception is triggered by a waiver of the Non-Manufacturer Rule (NMR).
The pandemic and its aftermath only further exposed the fragility of our supplychains in all parts of the economy. Two prominent procurement laws address supplychains and the industrial base: the Buy American Act (BAA) and the Trade Agreements Act (TAA). Some believe a clarification may be affected via legislation.
Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.
The House Homeland Security Committee advanced a raft of new legislation today, including a bill aimed at cutting major Chinese battery manufacturers out of the Department of Homeland Security’s supplychain. The committee today voted to approve a bill from Rep. Under the legislation, the ban would begin on Oct.
Finally, Ivalua’s eProcurement solution enables users to create purchase orders quickly and accurately while providing visibility into status updates along each step of the procurement process. This helps ensure your contracts remain favorable and that all stakeholders comply with the negotiated terms. Doug has a B.S.
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.
Dear Federal Partners, Information technology manufacturers and suppliers across the country are struggling with significant supplychain disruptions that are impacting their ability to meet customer and market demands. As one of the biggest purchasers of IT, the federal government is not immune to these challenges.
On October 5, 2023, the FAR Council released an Interim Rule on “ Implementation of Federal Acquisition SupplyChain Security Act (FASCSA) Orders.” Government supplychain as directed by the Federal Acquisition Security Council (“FASC). In August 2021, the FASC issued a Final Rule adding a new 41 C.F.R.
Ivalua platform selected to improve efficiency, transparency, and the employee purchasing experience. A top-10 Forbes 500 company, the Volkswagen Group is one of the world’s leading automobile manufacturers and the largest carmaker in Europe. Redwood City, CA, December 15, 2022.
industrial capacity and describes four main priorities for shoring them up: building more resilient supplychains, increasing the industrial workforce, using more flexible acquisition policies, and economic deterrence. Broadly, the strategy lays out what Defense officials see as the current weaknesses in U.S.
For product manufacturers, the concept of ‘supply partners’ has changed dramatically in the last 50 years…and they will change more than ever in the next ten. Business models have evolved to a point where suppliers are so important to success that they are now considered an extension of the manufacturer’s enterprise.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supplychain GPO based in St. Consus Global. Saurabh Mehta.
The collected visual data then flows into the AWS Cloud , where artificial intelligence (AI)-powered analytics scan for any signs of impending failure due to corrosion, cracks, vegetative clearances, evidence of animals, storm damage, or manufacturing defects.
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.
On May 3, 2024, the Federal Acquisition Regulation (FAR) Council issued an Advanced Notice of Proposed Rulemaking (ANPR) regarding the prohibition on semiconductors produced by certain Chinese manufacturers, enacted in Section 5949(a)(1) of the James M. origin technology or software.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supplychain GPO based in St. Consus Global. Saurabh Mehta.
If you happen to be a strategic sourcing professional within the manufacturing industry, you probably are experiencing many challenging days at the office. For manufacturers, sales, marketing, finance, ops, and even risk and compliance all have upside. are now the lifeline of the manufacturer. Let’s start with pricing.
Purchasing (45%), invoicing (41%) and budget management (39%) are the most digitised processes to date. Full digital transformation remains a long way off for most Procurement and supplychain organisations. Two-thirds of businesses still reliant on manual and paper-based processes . please visit: [link]. About the study.
This includes supplier information management, supplychain risk management/mitigation, and supplier performance management. Industry: Manufacturing. In manufacturing, materials, components and assemblies that will be sold to customers are direct spend while facilities, equipment, consumable supplies and MRO are indirect.
Frédéric Lino EVP Purchasing and SupplyChain. He also holds an Executive Master in International Purchasing Management from ESSEC Business School (2012). He was then promoted to Purchasing Executive Manager at Renault-Nissan, where he will be in charge of seat and raw material amenities with the management of 25 buyers.
So please forgive this regrettable oversight and kindly note that my opinions are born from firsthand discussions with manufacturers, a steady diet of market research, and a practical desire to identify and solve real customer challenges with enabling technology.
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?
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supplychain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.
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. Read on to find out.
Arguably, the understanding of the ingredients, components and type of labour that goes into creating a procurement is the easier aspect, and thinking about the end of a procurement before it has even been purchased is the harder task.
The initial focus is on streamlining the purchasing process, improving the experience for employees, and capturing negotiated savings to support profitability. We look forward to working together to take their procurement and supplychain operations to the next level and drive measurable bottom-line results.”.
The increase is directly correlated to the turbulent market caused by the pandemic, supplychain disruptions, and rapid inflation. When it comes to supply continuity, being proactive about mitigating disruptions is essential, yet many procurement organizations may still lack sufficient resources. Risk Metrics.
Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. The processes and strategies driving supplychain management success are evolving and strategic sourcing is being redefined. Are you evolving with the times?
O-I Glass is one of the world’s leading producers of glass bottles and jars, operating 70 glass manufacturing plants in 19 countries with an annual revenue of $6.4B in 2021 and 24,000 employees.
Look for trends, where the organization is buying similar commodities through independent solicitations or direct awards and entering discrete contracts and purchase orders for each. Identify Needs Business intelligence is based on historical purchases and therefore may not capture all existing and emerging needs.
While I was at the Ivalua NOW event in Paris, I interviewed Cyrille Naux, Purchasing and SupplyChain Vice-President at Chassis Brakes International, a multinational manufacturer of automotive brakes and brake components.
There is a lot of talk these days about the benefits of collaboration for manufacturers. You know the deal: Engineering owns and operates the PLM/PDM systems, Purchasing uses the Source-to-Pay suite, Finance does their thing in the ERP, CRM is for Sales, and so on. Let’s face it. That’s how we designed and built Directworks.
Building supplychains with responsible materials and labour practices is possible. Supplychain managers have been part of the transactional process in all sectors. As Artificial Intelligence and the Internet of Things expands exponentially, the role of supplychains needs to adapt to be relevant as well.
Whether you are a small business that’s confident your products are American-made, or a growing company with an complex supplychain, it pays to understand and adhere to the rules. Phrases like “Made in the USA” or “Proud American Manufacturing” are express claims following the FTC labeling rule.
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