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The post Negotiating Lessons from Hollywood Labor appeared first on Art of Procurement. Why did the Hollywood writers’ strike take so long to resolve and why is the screen actors’ guild still on.
The labor contract between UPS and the Teamsters union is the largest private collective bargaining agreement in North America – The post [Pod] Negotiating The Big One: UPS and the Teamsters Labor Union appeared first on Art of Procurement.
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 labor contract between UPS and the Teamsters union is the largest private collective bargaining agreement in North America – The post [Pod] Negotiating The Big One: UPS and the Teamsters Labor Union appeared first on Art of Procurement.
These contracts are competitively bid and offer access to a broad range of goods and services at negotiated rates, making them ideal for organizations of all sizes. Using a cooperative purchasing program ensures compliance with state and federal laws while reducing the risks associated with supplier management.
Cooperative contracts simplify and expedite the procurement process by including pre-negotiated terms and conditions that comply with government regulations, thereby reducing administrative overhead and the risk of non-compliance.” Cunningham says cooperative agreements can help cities and counties acquire needed technology.
Managing flood risks A federal agency responsible for flood riskmanagement can use EOS to create and update floodplain maps. Cost savings: Pre-negotiated pricing and terms help speed up procurements, maximize value, and optimize spending.
Koses said agencies are asking contracting officers and others to do more complex work, particularly with new cybersecurity and supply chain risksmanagement requirements coming into play, so the funding to pay for more training is more important than ever. Congress has asked us to train the workforce in cybersecurity protections. “It
GSA also consistently pointed to TDR data management as an effective tool in addressing security issues, including supply chain riskmanagement. The results also showed significant improvement in the completeness of the data and its overall use by contracting officers.
Just some checks and balances, so we’re doing this in a collaborative manner, we’re taking a riskmanagement approach to cybersecurity, both for the government and for the contractor,” Schneider said. The groups also said there should be an appeals process so contractors can object to “unnecessary” access to systems.
A couple of weeks ago, Philip Ideson posted a LinkedIn snap poll about procurement’s negotiating leverage. He asked whether it. The post Is there such a thing as too much leverage? appeared first on Art of Procurement.
Procure-to-Pay software also helps capture negotiated savings, by simplifying and enforcing compliance to contracts and policies. The same logic supports effective supplier riskmanagement. This is a significant benefit of an effective Procure-to-Pay cycle. Procure-to-Pay will reduce costs and support CSR objectives.
I expect there to be fallout on the supply chain riskmanagement side no matter what happens to Carahsoft. I’ve had clients who pushed back, delayed and then negotiated what the Justice Department really wanted. “Even if this event didn’t happen at the end of the fiscal year, what do we do?
What’s more, PwC found that the average investment in riskmanagement among MENA companies was $1.5 These solutions also improve collaboration among organizations and suppliers, and enable procurement teams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more.
Government agency programs like the GSA Schedules provide long-term contracts, allowing businesses to sell commercial products and services at pre-negotiated prices, simplifying the purchasing process. Federal agencies, through their extensive procurement needs, offer a myriad of contracting opportunities for businesses.
Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Supply chain riskmanagement and domestic sourcing. Multiple Award Schedule (MAS) Price Evaluation. How GSA moves forward this spring promises to be quite newsworthy.
GSA also consistently pointed to TDR data management as an effective tool in addressing security issues, including supply chain riskmanagement. The results also showed significant improvement in the completeness of the data and its overall use by contracting officers.
Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. At the same time, organizations have never been more exposed to risk from their supply chains, from supply continuity, quality, or ESG violations. Effective riskmanagement or improvement plans must include sub-tier suppliers.
Spend analysis — Improves negotiation position and leverage and increases contract compliance by correctly aggregating spend to the appropriate parent supplier. Currency and country exposure — Decreases financial risks by accurately tying projected spend to the correct currency to facilitate hedging strategies. Riskmanagement.
Finger-crossing as a riskmanagement best practice – Recognizing that risk avoidance is a challenging ROI number to calculate and ignoring low probability events or assuming that you can quickly implement contingency plans is a poor strategy. The problem is when the one person with that knowledge leaves, information is lost.
Significantly, the Federal Acquisition Service (FAS) is revising its guidance to contracting officers regarding the evaluation/negotiation of MAS contract pricing. Supply chain riskmanagement and domestic sourcing. Multiple Award Schedule (MAS) Price Evaluation. How GSA moves forward this spring promises to be quite newsworthy.
Williams, and Mickey Liebner; Mayer Brown Bipartisan, bicameral legislation in the US Congress would mandate the use of the National Institute of Standards and Technology’s (“NIST”) Artificial Intelligence RiskManagement Framework (“Framework”) by federal agencies. MAS Basic Training: The Nuts & Bolts, Feb.
She has led audits on government-wide cybersecurity, privacy, and information management issues, including reviews of the efficiency of federal privacy programs, the implementation of cybersecurity riskmanagement practices, and the transition to electronic records. He holds a bachelor’s from the U.S.
Companies that maintained zero-sum, hard negotiation relationships with suppliers cannot suddenly reset those in a more collaborative mold. Some lessons regarding managing supply chain risk may still help in the near term as companies struggle to reconfigure their supply base to an evolving pandemic.
It also will provide a more effective framework for managing workload across the MAS program. In turn, this will lead to more consistent and sound negotiation and administration of MAS contracts. FAS and the federal government as a whole are in the midst of a management transition towards data-driven decision making.
Protecting profitability in the face of inflation isn’t about squeezing suppliers in negotiations, but working together to find ways to reduce costs in the full value chain. Being more agile and addressing more strategic objectives requires procurement to be more collaborative.
Plus, you will be able to advise your in-house clients regarding topics such as: Disclosure of company records; Establishing management and compliance processes; Establishing ethics programs and mandatory disclosure; Avoiding penalties; and Identifying resources to assist with continuing legal support of your internal GSA/VA Schedule programs.
Healthcare Spotlight: HHS Announces Medicare Part D Negotiated Prices This week, the Department of Health and Human Services (HHS) released the final drug prices negotiated through its Medicare Drug Price Negotiation Program established under the Inflation Reduction Act of 2022 (IRA).
The Software Acquisition Guide for Government Enterprise Consumers was created by the Information and Communications Technology Supply Chain RiskManagement Task Force, a group co-led by CISA and industry representatives. To register, click here. To register, click here.
ManagingRisks and Ensuring Compliance in Sole Source Procurements While sole source procurement can be an effective solution for specific procurement challenges, it is not without its risks. Therefore, procurement teams must implement strategies to manage these risks effectively.
Section 848 gives the Under Secretary of Defense for Acquisition and Sustainment two years to report on continued riskmanagement for pharmaceutical supply chains supporting the DoD. Reporting should begin by September 1, 2025. For any assistance with registration, please contact Madyson Whiting at mwhiting@thecgp.org.
The AISI will create evaluation tools, test AI models and safeguards, issue guidance on AI safety and riskmanagement, and conduct technical research. AI Safety Institute (AISI)” and address the lack of standardized processes for agencies’ evaluation of AI systems before deployment. To register, click here.
Webinar: Supply Chain RiskManagement (SCRM) Plans: From Government Requirement to Competitive Differentiator, August 14 In recent years, Federal contractors have been challenged to adapt their legal and compliance strategy to a growing regulatory focus on securing the Federal supply chain. To register, click here.
The deadline to avoid a government shutdown is September 30, although Friday, September 27 is seen as the target date for lawmakers to finalize negotiations before returning to their home districts to campaign until the election. The plan notes that the effectiveness of cyber riskmanagement varies among agencies.
This “internal” guidance outlines a host of evaluation and negotiation directives, standards, and considerations for FSS contracting officers. The PAP includes other directives and guidance that raise questions regarding equity and balance in the evaluation and negotiation of FSS pricing terms.
In addition, for certain systems, contractors will be required to develop a System Security Plan, implement and maintain extensive security controls, conduct annual security assessments and cyber threat hunting and vulnerability assessments, and comply with continuous monitoring and supply chain riskmanagement requirements.
Seeking Member Feedback on GSA C-SCRM Questionnaire GSA’s Federal Acquisition Service is developing a voluntary Cyber Supply Chain RiskManagement (C-SCRM) Assurance Questionnaire for information and communications technology vendors. Equal Employment Opportunity Reporting Season Begins Oct.
The AISIC will develop guidelines for “red-teaming, capability evaluations, riskmanagement, safety and security, and watermarking synthetic content,” and will be housed within the U.S. AI Safety Institute. MAS Basic Training: The Nuts & Bolts, Feb.
Alex McGuire Vice President & Chief Supply Chain Officer, GDIT Alex McGuire’s most recent accomplishment has been collaborating with a team that’s consistently achieving impressive results, whether its strategic negotiations, maturing supply chain riskmanagement or enhancing processes, systems and automations.
Large corporations often view disputes as a riskmanagement tool, whereas smaller entities may perceive them as a critical threat. Due to the short timelines of emergency arbitration proceedings, an application filed during an inconvenient time of year can compel even the most intransigent parties to come to the negotiation table.
While with the Suspension and Debarment Division, she completed a detail to the Office of Administration and Resources Management as special assistant to the Assistant Administrator. In 2021, Kimberly was the recipient of the Presidential Rank Award for Meritorious Service, recognizing her career of leadership and service to EPA.
Key Takeaways Fixed-price contracts allow for clear cost expectations, pushing riskmanagement onto contractors and fostering efficiency. The cost plus fixed fee and cost plus award fee contracts are two common types, each offering distinct advantages in terms of riskmanagement and performance incentives.
percent pay raise for service members, millions of dollars in military aid to Ukraine (a sliver of the separate $105 billion supplemental that is currently being negotiated to support Ukraine and Israel), and funding for competition with China in the Indo-Pacific. President Biden is expected to sign the bill shortly.
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