An essential element of government contracts is management of the supply chain. Strong processes are critical to be effective.
As the contractor for a government contract, you will be responsible for managing the supply chain. This includes drafting of subcontracts, flowing government requirements down to those subcontractors, determining responsibility, and evaluating a company’s compliance with ethics, cybersecurity, counterfeit parts and many other elements.
Strong processes are critical to ensuring that the subcontract management is efficient and cost-effective. Additionally, the government and other customers expect strong subcontract management, especially in the delivery of quality parts or services–on time.
This is an area where it’s beneficial to call in reinforcements to help build out your organization’s subcontract management processes so nothing is overlooked.