Supplier inspections are a vital component to any retail operation. Quality, safety, social responsibility standards and regulatory practices must be enforced to protect brand integrity and reduce the risk of costly product recalls. This applies equally across all industries without regard to the product.
Using our Web-based solution, private label brand owners can work with factories, vendors and outside inspection teams to maintain strict adherence to the numerous performance standards, and subsequently build stronger relationship with each link in the supply chain through the collaboration tools in the system.
The Audit module provides the ability to:
- •Communicate with inspection teams and schedule compliance inspections
- •Calendar and schedule recurring audits
- •Monitor and manage vendor and factory performance for on-time delivery, social compliance, environmental footprint, and regulatory compliance
- •Establish audit processes and ensure audits are performed and compliance is reached
- •Analyze risk by cross-matching current and future activity with non-compliant suppliers
- •Select suppliers that meet compliance standards using KPIs
- •Lockdown activity, like future orders, with non-compliant suppliers
Now that you have a "best practices" approach to gathering this information about the supplier's organization, the assessment process is complete and your teams can make a reservation, or commitment, for raw materials or finished good capacity by using the Reserve module or move ahead with the
Source module to issue RFQs and move further into the product lifecycle.
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