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Supply chain risk management

Organisations nowadays depend more and more on a wide range of providers to help them carry out their essential operations. Over the past ten years, this trend has intensified, and it is predicted to continue accelerating. This tendency is influenced by outsourcing, digitisation, and globalisation. Providers have complex supply chains and complete supply ecosystems are created by their suppliers, who in turn have their own suppliers. 

Strengthening cybersecurity across the supply chain.

Supply Chain Risk Management (SCRM) is crucial for any organisation that relies on third-party vendors, suppliers, or contractors to provide goods or services. A cyber-attack on a supplier can have a cascading effect on the entire supply chain, leading to data breaches, financial loss, and reputational damage.


Companies that implement a well-crafted approach to managing supply chain cybersecurity, privacy, Business Continuity Management can lower risks and cut costs. A comprehensive SCRM program should be implemented to ensure third-party providers are a source of strength for your business – not a weak link.


The success of SCRM rests on four pillars: Governance, process, infrastructure, and data.


Osmond provides a tailored approach focusing on the critical suppliers, helping organisations achieve their cybersecurity objectives by identifying and mitigating risks in their supply chain. We work with you to develop a comprehensive cybersecurity strategy that includes risk assessments, vendor evaluations, and incident response plans. Based on best practices, we help your organisation to implement the necessary processes and checklists for your suppliers and contractors.

Enterprise’s Supply Chain Visibility, Understanding, and Control (Source: NIST, C-SCRM)

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