Quality, price, and on-time performance remain important factors to consider when identifying and selecting subcontractors and suppliers. However, changes to cybersecurity requirements have established new regulations and, consequently, concerns that must be addressed. Awareness is the first requirement. Companies need to know about these requirements. Then conversations need to be open, frank and recurring with subcontractors and suppliers. Vetting needs to include all of the information, processes and procedures used to get to know members of your supply chain and to ensure that they are eligible from a regulatory standpoint. These efforts should include a thorough review of first tier supply chain members but also to understanding how mandatory requirements will be “flowed down,” managed and tracked at sub-recipient levels.
Speaker: Marc Violante, Wisconsin Procurement Institute
This webinar is eligible for 1 CPE credit.
View a schedule of all upcoming Cyber Friday webinars.