Supplier Audits & Compliance
Supplier audits and compliance are essential components of global sourcing and procurement consultancy. They involve assessing and ensuring that suppliers meet specified standards, regulations, and ethical practices. Supplier audits help verify compliance with contractual requirements, quality standards, social responsibility, environmental regulations, and other relevant criteria. By conducting thorough audits and promoting compliance, businesses can mitigate risks, uphold their reputation, and maintain ethical and sustainable supply chains.
Here are key considerations for supplier audits and compliance in global sourcing and procurement consultancy:
- Audit Planning
- Compliance Standards
- Audit Process
- Compliance Evaluation
- Corrective Action Plans
- Supplier Development
- Compliance Monitoring
- Transparency & Reporting
