Auditing suppliers is one of many ways to assess supplier capability and compliance. Supplier audits take time, personnel resources, and budget. A supplier audit system can benefit an organization through the use of data and risk analyses. In addition, the supplier audit process itself can be defined in such a way as to ensure the personnel and budgetary resources are prioritized effectively and efficiently. Supplier audits can be onsite or remote – how does one decide which suppliers to audit, what to audit, how to audit?
Supplier audits are just a part of the supplier management system and there is much to be gained from using the data available as key inputs to planning for and prioritizing supplier audits. As an organization’s supplier list grows it is becoming more and more important to utilize quantitative data in the planning and performing of supplier audits.
This webinar will explore tools and techniques for a supplier audit system as well as planning to audit a specific supplier.
The objective of this webinar is to provide an overview of key elements in a Supplier Audit program. A well-defined Supplier Audit program ensures the activities are both efficient and effective in the use of resources (personnel and budget) and produces information that is usable across the organization in supplier and risk management activities. From planning to execution, supplier audits can provide feedback not only to the supplier but also to the organization itself as to requirements flow down and the overall customer-supplier relationship management.
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