Assessing Security of Supply: Three Methods Used in Finland

Abstract

Public Private Partnership (PPP) has an important role in securing supply in Finland. Three methods are used in assessing the level of security of supply. First, in national expert groups, a linear mathematical model has been used. The model is based on interdependency estimates. It ranks societal functions or its more detailed components, such as items in the food supply chain, according to the effect and risk pertinent to the interdependencies. Second, the security of supply is assessed in industrial branch committees (clusters and pools) in the form of indicators. The level of security of supply is assessed against five generic factors (dimension 1) and tens of business branch specific functions (dimension 2). Third, in two thousand individual critical companies, the maturity of operational continuity management is assessed using Capability Maturity Model (CMM) in an extranet application. The pool committees and authorities obtain an anonymous summary. The assessments are used in allocating efforts for securing supply. The efforts may be new instructions, training, exercising, and in some cases, investment and regulation.