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The strategic sourcing and purchasing process
Published in Thomas E. Johnsen, Mickey Howard, Joe Miemczyk, Purchasing and Supply Chain Management, 2018
Thomas E. Johnsen, Mickey Howard, Joe Miemczyk
Best practice includes designing supplier (or vendor) rating systems, and giving scores for supplier performance. In addition, supplier audits can be conducted to scrutinize suppliers, including their processes, systems, standards, etc. Increasingly, companies need to conduct audits that specifically focus on sustainability. As shown in Figure 2.8, 52 per cent of FTSE100 companies audit or monitor their suppliers’ CSR performance. This is in fact a requirement for membership of the Ethical Trading Initiative (ETI) which brings corporate, trade union and voluntary sector members together to improve employment issues that are difficult to address by individual companies.5 As Preuss (2009) observes (see again Figure 2.8) 41 per cent of FTSE100 companies state that supplier relationships will be terminated if supplier CSR performance remains unsatisfactory, although 39 per cent modify this by indicating that they are committed to working with suppliers that are willing to improve. This reflects the standpoint of IKEA, as discussed earlier, which prefers not to terminate suppliers that do not meet IKEA’s CSR requirements, instead opting to help non-complying suppliers to improve.
Clinical and cultural challenges of big data in radiation oncology
Published in Jun Deng, Lei Xing, Big Data in Radiation Oncology, 2019
Brandon Dyer, Shyam Rao, Yi Rong, Chris Sherman, Mildred Cho, Cort Buchholz, Stanley Benedict
Off-premises and Cloud storage share a number of advantages in terms of accessibility, but also incur a greater cost and risk to the data security and integrity. Having the data stored off-premises means that the physical location of the machine or machines that house the patient data either are in a single dedicated space such as a co-location facility or are distributed between several disparate facilities. Having a single dedicated space for the off-premises machines means that there is a single point of failure in terms of both data integrity and security. It also means a similar risk to the data integrity in the event of a natural disaster or catastrophic mechanical or electronic failure, but this can be mitigated with advanced backup systems and security and safety protocols put in place by a top-tier co-location facility. For the sake of security, both single location and distributed location off-premises solutions impose a cost of requiring a higher level of technology in place to secure the data. Encrypting the data in place is, by itself, not enough, because the systems storing the data must allow external access. This can be secured by way of a collection of modern security systems such as hardware and software firewalls, secure token authorization, and secure socket communications. Best practice methods for securing an off-premises data storage solution involve encrypting the data local to each instance, creating regular archives for data integrity, and securing data against loss as well as creating a secure service layer that operates as an interface for external access. The secure service layer could have access to it restricted to specific access points such as particular network and/or even specific machines.
Risk management
Published in Charles Yoe, Primer on Risk Analysis, 2019
What does success look like? Risk management options (RMOs) are strategies that describe specific ways your risk management objectives can be achieved. These strategies are subordinate to your objectives. An RMO is relevant only to the extent that it helps you meet your objectives. Best-practice risk management recognizes that objectives can be achieved in a variety of ways and formulates alternative strategies that reflect these different ways.
Validation of project management information systems for industrial construction projects
Published in Journal of Asian Architecture and Building Engineering, 2022
ISO 21500 is an international standard that provides project management guidance (ISO 21500 2013). This international standard describes the concepts and processes considered best practices in project management. This international standard provides guidance on project management and is applicable to any type of organization, including government, public institutions, enterprises, non-profit institutions. It has the characteristics to be applicable to all projects regardless of project complexity, scale and duration. ISO 21500 describes 11 important project management areas, including project management, organizational strategy, project environment, project operation, and life cycle of project. It also consists of five process groups for project management, including initiation, planning, implementation, control, and termination, as well as ten subject groups: stakeholders, scope, resources, cost, time, risk, quality, procurement, communication, and information.