6 main processes for supplier auditNumerous unfavorable preconceptions exist regarding goods that are "made in China". People become hesitant to buy these things as a result. The danger of losing consumers increases if you as a business owner don't make sure that all items imported from China for yo
Read MoreA supplier audit plan should be risk-based and address three overarching areas: Area No. 1: Business system aspects most important to your business and/or supply. Audits should look at the business systems that are affecting the performance shortfalls of the supplier and ensure action is being taken
Read MoreA supplier audit is a process of assessing the suppliers in your supply chain to ensure they meet industry standards and your specific requirements. Supplier audits provide businesses with the insight needed to ensure compliance, mitigate risk and improve performance across supplier networks.Supplie
Read MoreAssessing manufacturers is a vital aspect of supply chain management for many consumer product brands. As such, you may be thinking about conducting a supplier audit to help uncover hidden manufacturing issues or aid in supplier development. In general, audits allow you to assess suppliers, but they
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