It’s clear that the demands being placed on your supply chains will continue to grow into the future.
It is imperative that a process be put in place to systematically compare your supply chain performance against competitors as well as their operating environment to understand the best practices that are needed to drive significant improvements.
Once your company has been certified and validated, maintenance of your supply chain security program is the key to preserving your certification. Don’t wait for your next revalidation to review your program.
Regularly scheduled supplier and supply chain risk assessments along with a maintenance and improvement program to keep you up-to-date preserves your good standing with your supply chain security program. Each interaction is customized to the identified need of the customer.
A best practice cycle:
- 1. Establish your supply chain security baseline using benchmarking and BSI’s best practices data.
- 2. Train employees and business partners on Security and Threat Awareness in the Global Supply Chain.
- 3.Leveraging BSI’s Supplier Compliance Manager, conduct security assessments from business partners and identify high-risk areas, domestically and internationally.
- 4. Develop a gap analysis of your current processes with the identified best practices.
- 5. Drill down into specific supply chain processes and identify improvement opportunities that will significantly impact performance.
- 6. Develop goals, objectives and a project plan for each improvement opportunity.
- 7. Conduct continuous on-site assessments of your key location(s) and high-risk business partners.
- 8. Update the relevant Supply Chain Security Profile(s) Manual(s).
- 9. Submit an updated Supply Chain Security Profile(s) with the relevant security program.
- 10. Audit your operations 1-2 times a year
- 11. Return to Step 1 and do it again.