March 18, 2025

Given the dynamic supplier landscape, how can entities ensure they are performing effective and consistent risk assessments of potential - and current - suppliers? Additionally, how can entities ensure the results of those assessments are properly documented and maintained? These are the core questions that the newly-published NATF Supply Chain Risk Assessment Guidance is designed to address.

Expanding on "Step 3: Conduct Risk Assessment" of the NATF Supply Chain Risk Assessment Model, this guidance provides various methodologies for performing supplier risk assessments, along with a discussion on the relative advantages and disadvantages of each. Various documentation techniques are also discussed along with suggested risk dispositions and definitions, along with a brief review on how supplier risk assessments fit into a larger Supply Chain Risk Management (SCRM) program.

This guidance, along with many other Supply Chain resources, may be found on NATF’s Supply Chain Industry Coordination website.