Supply Chain Risk Management (SCRM) Plans

August 14, 2024

The Coalition hosted Baker Tilly’s Leo Alvarez, Principal, and Molly Menoni, Senior Consultant, for a webinar on Supply Chain Risk Management Plans. During the webinar, they discuss:

Regulatory activity related to supply chain risk;
Recent supply chain-related security breaches;
Biden’s cyber and supply chain Executive Order;
Federal contract clause requirements related to supply chain oversight;
The use of Supply Chain Risk Management (SCRM) Plans in Key Federal Acquisitions;
How an organization should evaluate its SCRM practices;
The use of all-source intelligence platforms (“Supply Chain Illumination”); and
Practical guidance on SCRM Plan preparation and structure.

In recent years, Federal contractors have been challenged to adapt their legal and compliance strategy to a growing regulatory focus on securing the Federal supply chain. In particular, technology bans and restrictions have been used to mitigate data security and surveillance concerns associated with foreign information and communications technology (ICT) – imposing significant new due diligence measures over extended third-party ecosystems. These kind of strict, targeted prohibitions are expected to play a role in how the Federal Government manages supply chain risk moving forward.

Furthermore, recent bellwether Federal procurements (GSA OASIS+, GSA Alliant 3, NASA SEWP VI, ASTRO, Polaris, 8(a) STARS III, and DISA DES, to name just a few) have required offerors to disclose measures taken to assess and limit supply chain risk as part of contract award – providing a glimpse into the importance of SCRM as a contract award discriminator.

Federal agencies and the government contractors that serve them will increasingly be obligated to know exactly where products, components, software and services are being sourced, throughout all levels of an increasingly complex and global supply chain. Contractors can expect new standards and acquisition policies for SCRM programs in an effort to improve SCRM capabilities for the government and industry as a whole.
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