Building an Unbreakable Supply Chain Security System
Building an Unbreakable Supply Chain Security System A robust Supply Chain is the lifeblood of any successful business. However, this intricate web of suppliers, vendors and partners presents a significant vulnerability: security breaches. Recent high-profile attacks and alarming statistics underscore the urgent need for comprehensive Supply Chain Security management. A CPG manufacturer's £22 million inventory cost saving through effective security exemplifies the tangible benefits, while the 2023 Security Breaches Survey highlights the alarming lack of minimum-security standards among UK businesses' suppliers. This article delves into the critical steps required to construct an "unbreakable" Supply Chain Security system, empowering your organisation to navigate the evolving threat landscape and safeguard your operations. The Alarming Reality: Identifying Supply Chain Threats The surge in Supply Chain attacks is staggering, with a 2,600% increase since 2018 and over 54 million victims in 2023 alone. The complexity of modern Supply Chains, relying heavily on interconnected suppliers,