Prepared And Informed: Supply Chain Security Risk Assessment Best Practices

Learn about industry best practices to assess supplier and vendor risks, and why companies highlight the value of forging strong, ongoing relationships with suppliers.

Manufacturers and distributors are constantly assessing risk along the medical supply chain — and adapting accordingly — to mitigate shortages or delays. HIDA’s white paper on commercial supply chain security assessment best practices* analyzes industry best practices for security risk assessments, as well as how healthcare distributors and manufacturers mitigate supply chain risks.

Key Takeaways

1. Building relationships with suppliers is the best way to assess and mitigate risk across the supply chain
2. Companies use structured security risk assessments, supported by a risk assessment questionnaire
3. Supplier audits, including on-site visits, are widely used
4. Contractual mechanisms to mitigate risk are common

Download Slide Deck

*This white paper was produced as part of our cooperative agreement with the U.S. Department of Health and Human Services.