Supply Chain Risk Management Policy
A supply chain risk management policy template addressing cybersecurity risks across the supply chain, including software supply chain security.
What's Included
1. Purpose & Scope
Defines scope covering physical and digital supply chain risks.
2. Supply Chain Risk Governance
Establishes governance for supply chain risk management.
3. Supplier Security Assessment
Outlines security assessment criteria for suppliers.
4. Software Supply Chain Security
Addresses software bill of materials and dependency management.
5. Supply Chain Monitoring
Defines continuous monitoring of supply chain risks.
6. Incident Response
Outlines response procedures for supply chain incidents.
7. Review & Improvement
Sets review cycle and improvement processes.
Frequently Asked Questions
What should a supply chain risk management policy include?
A comprehensive supply chain risk management policy should include purpose & scope, supply chain risk governance, supplier security assessment, software supply chain security, and more. This template covers 7 key sections aligned to NIST CSF, NIST SP 800-53 requirements.
Which frameworks require a risk management policy?
Major frameworks requiring risk management policies include NIST CSF, NIST SP 800-53. This template maps directly to their control requirements, making it easier to demonstrate compliance across multiple standards.
How often should a supply chain risk management policy be reviewed?
Best practice is to review your supply chain risk management policy at least annually, or whenever significant changes occur in your organisation, technology environment, or regulatory landscape. Most frameworks including ISO 27001 and NIST CSF require documented policy review cycles.
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