A 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
Read More10 items to include in supplier audit checklists template Supplier audits consist of the assessment of both generic processes and specific processes based on the supplier category. Because the specific questions vary from one industry to another and even within companies, the flexibility to edit you
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