Remove Quality Remove Risk Management Remove Thresholds
article thumbnail

It’s Time to Rethink Supply Chain Risk Management

ivalua

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. . Has past performance exceeded a threshold? Are the supplier’s 3rd party risk ratings acceptable?

article thumbnail

Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

Seasoned practitioners in public procurement can be jaded from situations that have gone wrong, and it is common for inexperienced public buyers to experience risk aversion and fear of the unknown. Additionally, a simplistic risk transfer strategy may reduce market interest, and the number of bids submitted.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

A red light for corruption: How the Dominican Republic is using open data, better processes & collaboration to fight corruption

Open Contracting Partnership

Public contracts matter, he says: “The government allocates 32% of the country’s budget towards goods, services, and public works, to secure the rights and enhance the quality of life for citizens. DCGP’s data quality has continuously improved over the last decade, enabling increasingly detailed analysis.

article thumbnail

Artificial Intelligence & Product Liability

Government Contracts & Global Trade

Other courts don’t, and unlike negligence where the manufacturer or seller may be exculpated if it did not intend and could not reasonably foresee a use that caused harm, the threshold instead is what the end user or consumer reasonably expected. An area that requires particular attention is the role UI/UX plays in failure to warn.

article thumbnail

Sole Source Procurement: A Guide to Single-Source Acquisitions

Select GCR

These scenarios often involve a need for expertise, standardization, quality, compatibility, and exclusive availability of products or services. For procurements exceeding specified thresholds, justification must document the effort to find alternative suppliers, listing unique technical requirements and companies contacted.

article thumbnail

Friday Flash 04/26/2024

The Coalition for Government Procurement

In addition, he will provide updates on the Risk Management Framework (RMF) and Authority to Operate (ATO) processes as part of the integration of technology in delivering best value healthcare. These efforts play a pivotal role in ensuring that veterans receive the quality care and support they deserve.

article thumbnail

Friday Flash 07/19/2024

The Coalition for Government Procurement

For bulk sensitive personal data, there is a yet-to-be-determined volume threshold that must be involved in the transaction for it to be covered. Suggested thresholds in the ANPRM range from data sets on 100 U.S. Government-related data, there is no threshold requirement and the data categories will be covered regardless of volume.