The Essence of Supplier Audit

There is no law that requires any supplier to undergo an audit. So, go through the quite complicated process and documentation? Undergoing a supplier audit will definitely be a benefit to the company, and aside from that, it will ensure continuous improvement thus, resulting to a more cost-efficient review of the management systems being used.

supplier 1.jpg

Photo from http://www.utc.com/Suppliers/Pages/Supplier-Code-of-Conduct.aspx

Here’s some reason why a company should prefer to undergo an audit despite not being mandated:

  1. Business Improvement
  2. Increase competitive advantage over business rivals
  3. Intensify the credibility of the organization
  4. Improve company’s brand and reputation
  5. Impress both existing and potential client

An organization must ensure that an effective and efficient supplier audit is scheduled and done in a timely manner. Whether it is annually done or in a more frequent routine, the bottom line is that it is carried out to ensure that improvement is the main objective of the entire process.

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