When it comes to supply chain risks, agencies need to know when to hold ‘em, know when to fold ‘em

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When it comes to supply chain risk management, the Federal Acquisition Security Council (FASC) is channeling country music superstar Kenny Rogers and his hit song The Gambler:

“You’ve got to know when to hold ’em
Know when to fold ’em
Know when to walk away
And know when to run…”

This advice for card playing applies today just as well to federal technology and managing their supply chain risks. The more agencies learn about the products and services they are buying, the more they will know when to hold ’em and when to fold ’em.

“The last year and a half educated the world that every company and every country needs to care about their extended supply chain. So when we think about physical and digital IT, an effort to make a router is a physical supply chain, and at the same time, it’s digital because there is information that passes through it,” said Jennifer Bisceglie, founder and CEO of Interos, an artificial intelligence-based third-party risk management company. “If you look at the executive order coming out of the White…

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