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Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. With that in mind, let’s take a look at how supplier risk management can benefit your business and prevent the disruption of services. Understanding Supplier Risk Management. Consider this.

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Top Contracts Execs to Watch in 2024: BrainGu’s Stephen J. Yuter

WashngtonExec

Yuter Vice President of Contracts, Risk Management & Compliance, BrainGu As part of the BrainGu team, Stephen J. Yuter collaborated to secure the company’s largest contract to date — a $125 million single-award indefinite delivery, indefinite quantity — with the Air Force.

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How Can Procurement Create a Competitive Advantage in Talent Acquisition

ivalua

This is one step on a longer maturity journey which may begin with cost efficiency and risk management but goes far beyond that. Does management want and need to control: the number of profiles and their skills, work execution, the achievement and timing of results?

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Friday Flash 10/11/2024

The Coalition for Government Procurement

67 percent of CIOs ranked cybersecurity in their top three areas of concern and said that security goals included improving identity and risk management, modernizing infrastructure, enhancing user experience, and increasing automation.

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Friday Flash 09/20/2024

The Coalition for Government Procurement

The priority areas are: Asset Management Vulnerability Management Defensible Architecture Cyber Supply Chain Risk Management (C-SCRM) Incident Detection & Response Each priority area includes further alignment goals to address these variations.

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Contract Types Government Agencies Use Most

Select GCR

Key Takeaways Fixed-price contracts allow for clear cost expectations, pushing risk management onto contractors and fostering efficiency. Indefinite Delivery, Indefinite Quantity (IDIQ) contracts enable government agencies to adjust procurement according to evolving needs while managing uncertainty effectively.

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

Case in Point: A UK furniture retailer worked closely with its US timber supplier to identify ways to reduce costs, including adjusting order quantities and delivery schedules to optimise logistics. Strengthen Risk Management Frameworks Establish robust risk management practices to identify and respond to supply chain vulnerabilities quickly.