Fundamentals of Supply Chain Risk Management Practices (NIST SP 800-161)

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Fundamentals of Supply Chain Risk Management Practices (NIST SP 800-161) Training

This comprehensive course by Tonex delves into the fundamentals of Supply Chain Risk Management Practices, focusing on the guidelines outlined in NIST SP 800-161. Participants will gain valuable insights into identifying, assessing, and mitigating risks within the supply chain, aligning with industry best practices and NIST standards.

The “Fundamentals of Supply Chain Risk Management Practices (NIST SP 800-161)” training by Tonex offers a comprehensive exploration of crucial concepts in supply chain risk management aligned with NIST SP 800-161 guidelines. Participants will gain a profound understanding of identifying, assessing, and mitigating risks within the supply chain, leveraging industry best practices.

Covering key modules, the course delves into risk assessment techniques, effective mitigation strategies, and the integration of cybersecurity practices. Designed for professionals in supply chain, cybersecurity, and risk management, the course provides practical insights, case studies, and actionable skills to implement and sustain resilient supply chain frameworks, ensuring participants are well-equipped to navigate contemporary challenges in supply chain security.

Learning Objectives:

  • Understand the key concepts and principles of supply chain risk management.
  • Familiarize yourself with the NIST SP 800-161 guidelines and their application in real-world scenarios.
  • Learn effective risk assessment techniques to identify vulnerabilities and threats in the supply chain.
  • Explore strategies for developing robust supply chain risk mitigation plans.
  • Gain insights into the integration of cybersecurity practices within supply chain risk management.
  • Acquire the skills to implement and sustain a resilient supply chain framework.

Audience: This course is designed for professionals involved in supply chain management, cybersecurity, risk management, and anyone seeking a comprehensive understanding of supply chain risk practices aligned with NIST SP 800-161.

Pre-requisite: None

Course Outline:

Module 1: Introduction to Supply Chain Risk Management

  • Overview of Supply Chain Vulnerabilities
  • Importance of Risk Management in the Supply Chain
  • Historical Perspective on Supply Chain Disruptions
  • Regulatory Landscape and Compliance Considerations
  • Business Impact of Supply Chain Failures
  • Role of Resilience in Supply Chain Management

Module 2: NIST SP 800-161 Guidelines

  • Overview of NIST SP 800-161 Framework
  • Key Components and Principles
  • Mapping NIST Guidelines to Supply Chain Risk Management
  • Implementing NIST Recommendations
  • Evaluating NIST SP 800-161 Compliance
  • Case Studies on Successful NIST Implementation

Module 3: Risk Assessment Techniques

  • Identifying and Assessing Supply Chain Vulnerabilities
  • Supply Chain Threat Modeling
  • Quantitative and Qualitative Risk Assessment
  • Risk Prioritization Methodologies
  • Incorporating Threat Intelligence into Risk Assessment
  • Continuous Monitoring and Adaptation of Risk Assessments

Module 4: Developing Risk Mitigation Plans

  • Strategies for Creating Effective Mitigation Plans
  • Case Studies on Successful Mitigation Implementations
  • Supplier Relationship Management in Mitigation
  • Business Continuity and Contingency Planning
  • Communication Strategies During Mitigation
  • Evaluating the Effectiveness of Mitigation Plans

Module 5: Integration of Cybersecurity Practices

  • Intersection of Cybersecurity and Supply Chain Risk Management
  • Cyber Threats in the Supply Chain
  • Cybersecurity Frameworks Relevant to Supply Chain Management
  • Implementing Cybersecurity Measures in the Supply Chain
  • Cybersecurity Training for Supply Chain Stakeholders
  • Incident Response and Recovery in the Context of Cybersecurity

Module 6: Implementation and Sustainability

  • Practical Steps for Implementing Supply Chain Risk Management Practices
  • Building a Resilient Supply Chain Culture
  • Metrics and Key Performance Indicators for Monitoring Resilience
  • Auditing and Assessing the Effectiveness of Supply Chain Resilience
  • Continuous Improvement in Supply Chain Resilience
  • Strategies for Sustaining a Resilient Supply Chain Framework Over Time