According to leading supply chain analyst Louis Columbus, the biggest challenge facing the high tech industry in 2019 will be securing their supply chains. The challenge is that, as supply chains grow more complex, manufacturers may not be able to answer the question with confidence as to who their suppliers really are. In the good old days, supply chain issues centered around product quality and cost; with high tech products today, national security could be at risk. As fresh evidence, Columbus cites a recently published investigation by Bloomberg Businessweek on how Chinese subcontractors snuck rogue spyware chips onto the motherboards for servers allegedly supplied to high profile clients like Apple and Amazon – incidents that the companies have not publicly acknowledged.
PricewaterhouseCoopers (PwC) has launched Know Your Vendor, a platform service for manufacturers to reduce uncertainty surrounding vendor risk and reliability.
