With the increasing complexity of software systems, the use of third-party components has become a widespread practice. Cyber disruptions, such as SolarWinds and Log4j, demonstrate the harm that can occur when organizations fail to manage third-party components in their software systems. In this podcast from the Carnegie Mellon University Software Engineering Institute, Carol Woody, principal researcher, and Michael Bandor, a senior software engineer, discuss a Software Bill of Materials (SBOMs) framework to help promote the use of SBOMs and establish a more comprehensive set of practices and processes that organizations can leverage as they build their programs. They also offer guidance for government agencies who are interested in incorporating SBOMs into their work.