With the increasing reliance on complex and global supply chains, more companies are exposed to a wide range of risks, including theft, counterfeiting, cyberattacks, natural disasters, geopolitical conflicts, and regulatory changes. These hazards can disrupt operations, compromise the quality and safety of products, and erode customer trust. So, to remain competitive and resilient, it is important that businesses address these challenges.

This customizable policy, written by Franklin Okeke for TechRepublic Premium, outlines the necessary measures and standards that will enhance the resilience of a supply chain.

Featured text from the download:

RISK ASSESSMENT

Conduct regular risk assessments: These should be conducted to identify potential threats and vulnerabilities within the supply chain. This involves evaluating factors such as the geographical location of suppliers, geopolitical risks, natural disasters, and market conditions that may impact the supply chain’s security.

Assess suppliers and third-party vendors: Evaluate the security posture of suppliers and third-party vendors. This assessment should include examining their cybersecurity practices, financial stability, business continuity plans, and compliance with industry standards. It’s essential to identify any potential weaknesses that might affect the supply chain’s security and resilience.

Boost your supply chain security with our six-page policy document. This is available for download at just $9. Alternatively, enjoy complimentary access with a Premium annual subscription.

TIME SAVED: Crafting this content required 12 hours of dedicated writing, editing, research, and design.