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The German SupplyChain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supplychain.
Like every industry Procurement & SupplyChain 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 post Procurement & SupplyChain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!
SupplyChain Due Diligence (“SCDD”) laws, such as the German Lieferkettensorgfaltsgesetz , the recently approved EU Corporate Sustainability Due Diligence Directive , or the U.S. As an advocate for such laws, I recognise the urgent need to make supplychains fairer and more ethical.
The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and SupplyChain leaders.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
CTA April 28, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. Gaps and dysfunction in the supplychains and a lack of visibility are making it difficult to support Environment, Social, and Governance (ESG) initiatives. Those are three hot topics in the enterprise today.
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. According to SupplyChain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.
He oversees riskmanagement and cybersecurity accountability for information systems, weapon systems and operational technology supporting military cyberspace operations. His portfolio includes policy and governance of the defense industrial base, cyber supplychainriskmanagement, compliance and cybersecurity capabilities.
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. This includes supplier information management, supplychainriskmanagement/mitigation, and supplier performance management.
He had taken on a few leadership roles in Flex such as Procurement Compliance Director, led the Global Sourcing team, and is currently member of Flex SupplyChain Council and SupplyChainRiskManagement.
If a supplier that was once performing well in relation to delivering excellent quality suddenly starts to present with many defects or lower quality items, this would raise concern. Early indication in this situation would be key to riskmanagement. Wrap Up Do you want to know more about KPIs and supplychains?
Harwood, and Ashley Powers; Miller & Chevalier Chartered The Office of Management and Budget (OMB) released a new memorandum at the beginning of October, “Advancing the Responsible Acquisition of Artificial Intelligence in Government” ( M-24-18 ) (the Memo), intended to help “agencies harness the power of AI.”
From certain perspectives, the pandemic presents businesses a rare opportunity to accelerate on digital transformation initiatives that have been dragging over the last few years. Who better to bring balance, build resilience and solidify competitive advantages than Procurement and SupplyChain. Balancing the Imbalanced.
Prioritize as a key contract consideration the handling of data, including procedures for data management, accountability, and access. Include cost estimates for post-award oversight, riskmanagement, maintenance, and corrective action in budgeting for procurements. James Peake , M.D., James Peake , M.D.,
Data plays a pivotal role in supply, demand, and real-time monitoring of the drug supplychain by medicine authorities. Data mesh to the rescue Data mesh is an architectural framework that enables organizations to redefine how they manage and utilize their data assets. In 2023, 55 new drugs were approved by U.S.
At the same time, organizations have never been more exposed to risk from their supplychains, from supply continuity, quality, or ESG violations. Such solutions, especially if embedded in spend management suites, can help unify data across the enterprise and fix duplicates and other issues at the source.
Qualifying checks establish an understanding of the supplier’s business continuity planning and evaluates things like riskmanagement policy, financial viability, quality controls, cloud security and performance tracking across your supplychain. Change processes or technologies that present significant risk.
This is a key reason for the shift towards a core platform for spend/supplier management – collaboration needs to be embedded in Source-to-Pay processes and it does not stop and end with any one process. Disruptions, ethical and compliance risks are more likely to occur deep in your supplychain.
GSA Requesting Feedback on Draft SupplyChainRiskManagement Questionnaire The General Services Administration’s (GSA) Office of Information Technology Category has developed a supplier assurance questionnaire to gather information regarding cybersecurity supplychainriskmanagement (C-SCRM).
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. Webinar – Healthcare Focus: Briefing on FY24 NDAA, Feb.
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. Webinar – Healthcare Focus: Briefing on FY24 NDAA, Feb.
This course is designed for lawyers and contract managers at member companies with significant contract management and compliance responsibilities with GSA and/or VA Schedule contracts. Could the entirety of the qui tam provisions be struck down, or is it just qui tams in which the government declines to intervene that are at risk?
To wrap up the mainstage sessions, Moshe Schwartz , President of Etherton and Associates (confirmed) will provide a presentation on the federal healthcare market. During the presentation, Schwartz will explore upcoming trends and shifts in federal healthcare procurement, identifying key policies and emerging opportunities for 2025.
Announcing the Coalition’s Cyber Side Chat, September 12 The Coalition for Government Procurement is proud to present its first-ever Cybersecurity Symposium: The Cyber Side Chat on September 12! The guide further lays out deployment controls and vulnerability management processes that agencies should implement themselves.
Contractors should also be aware of the following opportunities that the Government is considering to reduce plastics in the Federal supplychain: The fact sheet touts past Federal accomplishments, including the FSS Single Use Plastics Final Rule that the Coalition commented on in February. Reporting should begin by September 1, 2025.
2024 EIP Awards categories: Lifetime Acquisition Excellence Award – Presented to an individual in the contracting community (government or industry) for demonstrating a life-long commitment to advancing “common sense in government procurement.” GSA will share updates on the status of the OASIS+ awards as soon as possible.
The document, officially titled “Incident Response Recommendations and Considerations for Cybersecurity RiskManagement: A CSF 2.0 The new draft guidance also shifts the focus away from “detecting, analyzing, prioritizing, and handling incidents” to incorporating incident response into overall cybersecurity riskmanagement activities.
The RFI included 13 questions on infrastructure/supplychain resilience, workforce, innovation, acquisition, policy, and regulatory environment. The AISI will create evaluation tools, test AI models and safeguards, issue guidance on AI safety and riskmanagement, and conduct technical research.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
Webinar: SupplyChainRiskManagement (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 supplychain.
Seeking Member Feedback on GSA C-SCRM Questionnaire GSA’s Federal Acquisition Service is developing a voluntary Cyber SupplyChainRiskManagement (C-SCRM) Assurance Questionnaire for information and communications technology vendors. Per the memo, in FY22, Federal agencies awarded SDBs a record-breaking $69.9
The GSA and VA Ask the PMO tables were introduced during the 2022 Spring Training Conference, and included representatives from the Multiple Award Schedule (MAS) and Federal Supply Schedule (FSS) Programs. To gather feedback from the vendor community, GSA has released a Request for Information (RFI) that is open through November 10.
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. To view the slides from the presentation, click here. AI Safety Institute. Webinar – Healthcare Focus: Briefing on FY24 NDAA, Feb.
FAR & Beyond: Coalition Testimony on Safeguarding the Federal Software SupplyChain The Coalition for Government Procurement was invited to testify before the House Committee on Oversight and Accountability’s Subcommittee on Cybersecurity, Information Technology, and Government Innovation on November 29.
Nicole Pottroff enjoyed presenting at the recent ICBSSHOW this week and enjoyed talking to many of our readers. Happy Friday and happy Halloween! But it’s also the last weekend to prepare and to stock up on candy for those trick or treaters. Hope the federal contracting stories from this week aren’t too scary.
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. For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance.
We would also like to thank our guest speakers Brian Friel , Co-Founder of BD Squared, Bill Gormley , President of The Gormley Group, and Tim Cook , Executive Director of the Center for Procurement Advocacy for sharing their expertise and the latest procurement trends during the special Off the Shelf: Off the Record panel presentation.
As CISA has noted , [an SBOM] has emerged as a key building block in software security and software supplychainriskmanagement. SBOMs are defined by CISA as a formal record containing the details and supplychain relationships of various components used in building software.
He has proposed legislation meant to rein in the technology, including, most recently, a plan to ensure federal agencies and vendors follow the AI riskmanagement framework created by the National Institute for Standards and Technology. … It just requires all government agencies to follow the NIST riskmanagement framework.
Day Two – Healthcare Focus November 16, the healthcare focused day, will begin with keynote remarks from the Department of Veterans Affairs’ (VA) Chief Acquisition Officer Michael Parrish on “Modernizing the VA SupplyChain in 2024 and Beyond.” Learn more here DLA Reports Record $49.1 There is a separate open FAR case (No.
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