What is Supply Chain Security?

Supply chain security focuses on risk management. It includes third-party vendors, suppliers, logistics and shipping. Recognizes and mitigates risks associated with collaboration with other businesses.

What is Supply Chain Security?

Supply chain physical security is the protection of physical goods.

There is no established supply chain security best practice. There are also no guidelines as supply chains differ significantly. A cyber defense strategy is essential for success. Additionally, a commitment to risk management is essential for a successful plan.

It also takes into account guidelines established by government agencies. This includes the Department of Homeland Security, a national government agency.

Physical Supply Chain Security

Supply chain security used to be primarily concerned with integrity and physical security. Physical risks include risks from both internal and external sources. This includes terrorism, sabotage and theft.

Organizations frequently monitor shipments and review legal documents to prevent physical attacks. Vendors may also be required to secure shipments under stringent quality standards. This means that a company can work with multiple vendors. This is to guarantee a consistent supply of commodity goods.

A factory can accept outside inspectors and organizations can do background checks. Shipments can also be tracked to prevent theft or tampering. In addition, they can be protected and checked before and after shipment.

Supply Chain Cyber Security

Cyber threats have recently become the top concern for supply chain security. Cyber threats are flaws in IT and software systems, such as malware attacks and software hacking. It also includes unauthorized ERP access and backdoors.

Supply chain security basically entails mitigating the risks associated with using software. The security of software that businesses use or purchase cannot be guaranteed.

Businesses, suppliers and dealers often need to work together. Because of this, computer networks can become tangled. This means that private information can be shared. This can lead to a breach in a company that affects many people.

A cybercriminal can target a weaker organization in the target's supply chain. They can then use that access to their intended destination. They usually do this instead of attacking the target directly.

Now You Know Supply Chain Security

As you know, supply chain security offers a wide variety of benefits. From physical supply chain security to data protection, your company should consider how they can benefit from getting security consulting services!