Supply chain security definition
Supply chain security is the practice of keeping goods and information safe as they move from the manufacturer to the consumer. It includes preventing disruptions, theft, cyberattacks, contamination, and other risks.
See also: security audit
Improving supply chain security:
Technology: Tracking systems, blockchain, and IoT devices monitor goods and ensure safety.
Train Staff: Educate your team about potential risks and how to handle them.
Physical Protection: Secure warehouses, transportation, and other supply chain points with surveillance, locks, and access controls.
Stay Updated with Regulations: Different regions have their own rules. Know them and ensure compliance.
Plan for Disruptions: Always have a backup plan. If one part of the supply chain fails, have alternatives ready.
Cybersecurity: Use firewalls, strong passwords, and encryption. It's essential if your supply chain relies on digital tools.
Regular Check-ups: Review and test your security measures. Update them if necessary.
Build Trusting Relationships: Know your suppliers and partners well. A transparent and open relationship can help in spotting and tackling issues early.
