Why Supply Chain Risk Management?

The nation can neither achieve total security nor afford to protect everything against all risks. Managing these risks is especially difficult in today’s environment of globalization, increasing security interdependence, and growing fiscal challenges for the Federal Government.
– The U.S. General Accounting Office

SCRM Provides Greater Transparency Into Extended Supply Chains

  • While rapidly changing technology can represent greater operational efficiency, it can also lead to new vulnerabilities all along the supply chain. Whether it’s employees tapping into their personal technology while onsite, or vendors who are increasingly relying on smart systems to bring their services to market, the fast-changing nature of these types of technology realms can also mean the ability to keep track of all potential security risks requires added levels of attention to detail.
  • Increasing dependence on integrated systems and global manufacturers is transforming the traditional discussion around supply chain security into a cyber-focused dialogue predicated on security, integrity, resiliency, and quality. The sad reality is that most organizations have blind spots within their supply chains from outdated procedures, end-of-life technologies, and stove-piped authorities and processes. Adversaries are exploiting these vulnerabilities to disrupt and damage critical infrastructure and National Security Systems (NSS), as well as to negatively impact the enterprise’s business continuity and bottom line.
  • Mounting pressure on federal agency leaders to achieve higher supply chain performance and security within constrained operating budgets. Cybersecurity threats demand new ways of thinking about enforcement and risk assessments.

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