Leveraging a Tailorable Holistic Perspective of Supply Chain Risk
Figure 10-2 . Supplier 10 assessment using the SoT supplier and public data profile .
The implications to your organizations of these findings and the need for mitigation or deciding to reduce your risk by going with a different supplier would be supported by this type of assessment and the supporting evidence it provides .
With the introduction and adoption of SoT vocabulary and concepts , the nature of interactions with others regarding supply chain security will simplify , become teachable , and become more efficient while at the same time the processes and practices surrounding day-to-day supply chain assurance work will be more consistent , automatable , and supported by evidence for all industries including those incorporating and leveraging IoT systems .
We believe SoT is the foundation needed for understanding supply chain risks , that IoT systems trustworthiness depends upon those supplying its constituent parts , and that it will be the key to securing robust and resilient supply chains , trustworthy partners , and trusted components and systems that are globally manufactured .
1 . MITRE , “ The Supply Chain Security System of Trust : A Framework for the Concerns Blocking Trust in Supplies , Suppliers , and Services ”, Cutter Business Technology Journal , Nov 2020 .
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