Information on how to register and further details about the event will be posted on the Calendar of Events on the Commission’s website. The conference will be open for the public to attend and there is no fee for attendance. GRMS also offered an eight-point checklist that procurement professionals can use to assess risk. The Energy Cyber Sense program, informed by the technical conference, will guide DOE’s work to develop national-level policies and next-generation tools and technologies that will allow energy owners and operators to manage and mitigate the risks facing our grid.” For many years, supplier risk management has been a major issue for procurement departments. “This joint technical conference with FERC will inform DOE’s work on our Energy Cyber Sense program and other supply chain efforts. Supplier risk refers to any risk relating to the operation or organisation of a supplier that may potentially have a negative impact on the activity of a client company.
#SUPPLIER RISK MANAGER SOFTWARE#
Additionally, this is software that streamlines the vendor short-listing process and RFP process as well. energy sector, including our supply chains,” said CESER Director Puesh Kumar. Procure-to-purchase software is important to supplier risk management in procurement because of the way that it allows professionals in procurement to vet out suppliers’ information before bidding on a contract even begins. “DOE is leading efforts to strengthen the cybersecurity of the U.S. “We look forward to holding this joint technical conference with our partners at DOE, as well as others across government and industry, to share insights on the best path forward to securing the energy grid of the future.” “The responsibility to secure our supply chain falls to everyone across both the Federal government and industry,” FERC Chairman Richard Glick said. FERC Commissioners and DOE’s Office of Cybersecurity, Energy Security, and Emergency Response (CESER) Director will be in attendance, and panels will involve multiple DOE program offices, the North American Electric Reliability Corporation (NERC), trade associations, leading vendors and manufacturers, and utilities.
These Supply Chain Risks risks include the areas financial risks that could affect a supplier’s solvency. The purpose of this conference is to discuss cyber and physical security challenges related to the Bulk Power System and potential measures to improve supply chain risk management. Supplier Risk Management includes processes and procedures and controls to offset risk factors that could interrupt a supplier’s ability to provide an organization with needed raw materials, components, or other inputs or services. The conference will be held in-person in the Commission Meeting Room at FERC headquarters from 8:30 a.m. The Federal Energy Regulatory Commission (FERC) and the Department of Energy (DOE) today announced they will be jointly hosting a technical conference to discuss supply chain risk management.
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