1 year ago

The vulnerabilities perforating the global supply chain have remained dormant for many years. To learn how to implement a vendor segmentation strategy to bolster your supply chain security and mitigate supply chain disruptions, read on.

When applied to Supply Chain Risk Management (SCRM), vendor segmentation allows cybersecurity professionals to identify vendors with the highest likelihood of facilitating supply chain attacks and prioritize their risk management. Without vendor segmentation capabilities, a Vendor Risk Management (VRM) program is severely limited in its ability to detect and remediate security vulnerabilities in the supply chain.

In the context of supply chain risk management, a vendor could be assigned a label based on their corresponding quadrant in the supply chain risk matrix.