Learning Marketplace

Why you need to Audit Suppliers

Dependency on suppliers and outsourcing is on the rise. Organizations are increasingly realizing the vulnerability of their brand reputation and risk of financial loss resulting from supplier incidents and nonconformities. The key question: do you know what hidden risks lie within your global supply chain?

C-TPAT and Security, Social Responsibility, Environmental Concerns, Code of Conduct, Quality Assurance; the list of supplier audits and compliance requirements is extensive and only getting longer. How do you manage these growing audit needs?

Participants will develop an understanding of:

  • The risks of not auditing suppliers
  • How to develop a custom verification audit tailored to fit company needs
  • Building an intelligence-based, supplier risk management program