Why is Asset and Supplier Management Important?

Failing to manage assets and suppliers properly can result in:
- Unaccounted data breaches
- Service interruptions
- Contractual non-compliance
- Failed audits
- Increased business risk

When done well, asset and supplier management helps you:
- Gain visibility and control over what your business depends on
- Protect sensitive information and reduce security gaps
- Meet regulatory requirements (including ISO 27001, ISO 9001, and Essential Eight)
- Maintain continuity, reliability, and trust
- Strengthen your audit readiness