Mitigate Losses to the Supply Chain with Robust Security Protection
Frank Costa, President, Nexgen Protection Services
Companies lose billions of dollars annually due to cargo theft. Many manufacturers don’t realize their shipments have been stolen until it’s too late, often discovering the issue only when the shipment fails to arrive on the expected date.
To mitigate losses in the supply chain caused by security threats, key protection measures include:
- Thorough vendor vetting
- Robust access controls
- Data encryption
- Continuous monitoring
- Incident response planning
- Supply chain visibility through technology
- Diversifying suppliers
- Implementing strong cybersecurity practices across all tiers of the supply chain, ensuring all partners adhere to the same security standards.
Source:
Fryer, N. (2025, January 18). How transportation management systems mitigate supply chain risks for manufacturers. Security InfoWatch.
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