Supplier evaluation process – Is it really required?

The importance of supplier evaluation is realized when a company discovers their unstructured purchases or when a new category of purchase need arises. During the evaluation process, the company may evaluate multiple suppliers at one go based on different credentials like pricing, reliability, etc. The evaluation is performed depending on the number of potential suppliers listed for evaluation. The process of evaluation, though time-consuming, it is worth to ensure optimizing the delivery standards, efficient use of resources at competitive pricing.

Businesses that are involved in the evaluation process regularly realize that they have clarity with respect to the performance of their suppliers. Evaluation enables them to reduce risk, remove hidden costs, elevate supply base, and get a competitive edge by aligning practices between the management and the suppliers.

Significance of supplier evaluation process

Remove waste and reduce risk

The process of procurement involves a lot of potential risks with respect to suppliers’ corporate social ethics. Few of these risks are avoidable by improving communication with the suppliers. The supplier evaluation process gives a better understanding of supplier performance and practices that help in reducing business risks, especially when a company dependency on key suppliers increases.

Improves performance visibility

Supply management is a game of ambiguity that involves a lot of guesswork. By implementing the process of measuring the supplier’s performance, the overall company’s performance can be improved. The improvement can be lucrative as an increase in performance lead to business expansion and thus leveraging supplier base.

Align customer and supplier practices

Ideally, suppliers’ business operations are aligned with the customer having business ethics in common. An effective supplier evaluation process improves the performance of the suppliers. The training and development provided by the customer along with counteractive actions that address the results of the findings in attaining measurable influential outcomes.

There is no restriction on the number of the supplier evaluation process by the company. In case of any persistent issue not addressed by the supplier, the customer can directly connect with the supplier before evaluating the preferences. It is the customer’s responsibility to visit their major suppliers once a year or hire an agency for inspection. AQSS offers third-party supplier investigations and supplier evaluation services in the U.S. and other parts of the world. Do visit our website for more details.

Supplier audits enhance your product quality

Gone are the days when business organization would only evaluate suppliers at the time of contract execution and would reply on suppliers’ capability for the length of the contract or till such time that complaints from the customers would force them to do so. With the recent globalization and stiffer completion, companies have to remain vigilant and constantly monitor their suppliers for quality, cost and delivery or risk losing valuable clients.

A Supplier Audit is an external audit performed on a supplier by a customer or by a contracted organization on behalf of a customer. It is also referred to as a second-party audit. Second-party audits are subject to the rules of contract law, as they are providing contractual direction from the customer to the supplier. Second-party audits tend to be more formal than first-party audits because audit results could influence the customer’s purchasing decisions.

These audits are an important part of customer-supplier partnership, aiming to check and improve the current quality and delivery processes. Supplier audits can be used as a key element for the yearly supplier evaluation.

Lately, many large business organizations have imposed conditions on their suppliers for ISO 9001 or other certifications (industry specific) to ensure that their suppliers continue to demonstrate compliance and continue supplying parts & components of acceptable quality.

There are several benefits of supplier audits and some are listed as under:

  • Ensuring that a functional and efficient Quality Management System (QMS) has been established.
  • Transparent documentation of optimization processes assuring the product and raw material quality.
  • The development of suppliers can be documented and compared.
  • Supplier risks and quality related costs can be reduced.
  • An active communication between customers and their suppliers strengthen on the long-term a healthy business relationship.

Supplier audits should garner comprehensive and useful statistics and data for the company. The primary and essential objective is usually to check if the supplier is competent and proficient enough of producing top-notch quality levels on the basis of supplier audit. For the success of the supplier audits in ISO 9001, people must know the requirements of it. The fundamental requirements are as follows:

  • Establish the extent and objectives of the supplier audit program.
  • Establish the procedures and responsibilities and make sure that resources are given.
  • Ensure the execution and implementation of the supplier audit program.
  • Make sure that appropriate supplier audit program records are maintained.
  • Review, monitor, and enhance the audit program.

These are the fundamental requirements for supplier audits in ISO 9001. So, determining the supplier audit performance not only satisfies the ISO 9001 needs but it also brings some significant benefits for your company. It improves the quality, cost, and delivery in your supply chain.

If the supplier audits are conducted, then your company can witness an increase in compliance, a decrease in costs, shorter delivery time, improvement in quality, and enhanced relationships. These are all practical benefits of efficient supplier audits.

Supplier audits bring a lot of change to the business

Every company wants to excel in the work they do and they do want to survive in the competitive market.  There are companies that rely on other units to finish the production and manufacturing process, these units are called supply units. Different materials and resources need to be procured; these are sent by the suppliers. It becomes the company’s responsibility to check the materials sent by the suppliers to make sure the finished product has quality. This is where Supplier Audits are done to check on the quality of materials sent by the supplier.

Let us look at some of the advantages of supplier audit

  • More confidence on all the raw materials and services provided by the suppliers.
  • Reduction in incoming rejections
  • The supplier is kept alert because of the check.
  • The auditor makes a detailed report of the GAPs and opportunities note that is given to the management for correction and improvement in the process.
  • The company  management have all the details of the supplier company and they know what is the level of maturity of the company
  • Risk mitigation for the parts, material and services being provided by the suppliers

The Auditor does a thorough check of the materials sent well in advance, and the quality is known because of the checks done. The supplier is bound to send best materials and the relation between the supplier and the company grows stronger.  The business is bound to do well as the products will be of good quality.  This audit will bring in more happy and satisfied clients and customers.

If you want to know more about the audit please feel free to visit us or call us and we will be more than happy to help you.

Ensure all the raw materials are perfect with supplier audits.

There are suppliers who supply different materials to variety of businesses.  These businesses depend a lot on suppliers to run the business.  Especially manufacturing industry require several raw materials as well as other services for its production process, this is where Supplier Audits come into picture.  In this the auditors check the materials sent by the supplier and return the damaged or goods that are not of quality immediately.  Detailed report is made and given to the management regarding the kind of materials sent by the supplier.

Advantages of supplier audits

  • This audit helps the management get the best quality materials from the suppliers.
  • Suppliers are always alert when sending the materials.
  • Customers have lot of confidence in the products of the company.’
  • There is no compromise in quality
  • Get the best products manufactured and produced by applying supplier audits.

During supplier audits the auditor takes out time and checks all the materials sent by the supplier and services/processes done by the supplier.  The damaged goods are returned while the best materials are retained.  The management also gets a detailed report about the materials sent.  The relation between the supplier and the company gets strong.

This service is offered by Abacus Quality System Services and is one of the most popular services in the industry.  Get more details about supplier audits by calling us now!

Give the business a new boost with supplier audits

It is vital to check all the materials that are supplied by the suppliers.  There are many companies who depend on suppliers for different materials.  Especially the construction business and production business requires variety of raw materials to bring finished products into the market.  It is because of supplier audits the company is able to have a good competitive edge and also check on quality when it comes to supplier’s raw material.  The management is able to check all the materials supplied by the suppliers and all the damaged goods are immediately rejected.

Benefits of Supplier Audits

  • Improves your business: Due to the audits, the checks are done regularly and thoroughly by the auditor who is able to remove all the damaged products and give only best to the company.
  • The competitors will have a tough time as the company will always have quality raw materials from the suppliers.
  • The suppliers will always be alert when supplying products.
  • The company can be rest assured that the finished product will be the best because the raw materials used are best.
  • The company will have a goodwill which will last forever because of this audit.

Abacus Quality System Services is the company that offers different services to its customers.  Supplier audits is one such service, where the auditor visits the company and checks on all the products supplied to the company.  The damaged goods are rejected, a complete report is made and given to the management, who is able to have a check on the products sent by the supplier.  This way the company is able to get good suppliers for the business and prosper in the said field.

Supplier audit ensures best materials for the business!

Every business runs with the help of several other departments and related processes. Similarly, some organizations are dependent on other businesses to ensure their business keeps going smoothly without any hindrance or issues.  One important support department and function is the purchasing and procurement department, this department is concerned with getting best materials and parts  for production, manufacturing  and services from the suppliers who are well versed in their work and who will provide best material & service to the company.  Suppliers are spread across the world, and many businesses are dependent on the supplier to get different materials for their business.  Supplier audits is essential to ensure supplier processes are good and this will also keep the suppliers alert and responsible when they are supplying materials to a company.

Benefits of supplier audits

  • This audit keeps the supplier very alert and cautious.
  • The customers and clients are sure to get best quality finished product because of the audits.
  • The company will be sure to have a good product & service because of the checks.
  • The material sent by the suppliers will always be of best quality.
  • The management gets detailed report about the checks in place by the supplier before shipments.
  • The audit strengthens the relation between supplier and the company.

Supplier audits have become a part and parcel of any business that are dependent on suppliers to get different materials.  The auditor checks properly all the processes and the way materials and part are sent by the supplier.  Make the best use of this audit and make sure that all the products sent by the supplier are best!

Do call us for more details and if you want any assistance with supplier audits Abacus Quality System Services will be happy to help!

Have confidence for the items supplied by the suppliers using supplier audits

There are companies and businesses that depend on suppliers for various materials.  The main companies that rely on suppliers are construction and manufacturing companies, they depend on the various kinds of raw material and parts to complete their work.  As company relies on the suppliers it is important to have confidence on the material and parts provided by them.  Supplier audits is the best way to keep a check on the suppliers, because of this audit they will be alert and send quality and best raw materials to the company.  These audits are done by expert and experienced auditors who are well versed in this kind of auditing.   The processes of the suppliers are thoroughly checked by the auditor to ensure that the material and parts provided by them will be good.

There are lot of benefits of supplier audits, let us look at some of them below:

  • The processes of the suppliers are checked to ensure their capability of supplying good parts to the company.
  • The suppliers will always be alert in sending the material and will make sure that best materials are sent to the company.
  • The relation between the supplier and the company becomes strong, as best materials are supplied because of the audits.
  • The company has goodwill and more customers want to buy products from the company because they are of good quality.
  • The management is well aware of the maturity of the supplier processes and system.
  • Decision of selecting a supplier or for continuity of business with them.

Supplier audits are essential in businesses that rely on suppliers to send good raw materials and other products.  It is wise, to check their processes and then take decision of doing business with them, which will lead to reduce the risk and improve the reliability of parts and material provided by them.

Get the best for your business with supplier audits

We have heard a lot about audit. This term sounds extremely important, crucial and essential in any kind of work. Audits are done to ensure that the work done by the employees or an organization is completely perfect without any errors anywhere. Audits are done by experienced individuals who are well trained in doing auditing without any friendly or bias feeling towards the company who is getting the audit done or towards the supplier whose audit is done for the company who is getting the goods from the supplier. Auditing is a crucial work and it should be done with precision and should be accurate.

Let us look at some of the benefits of Supplier Audits

  • The supplier become agile and alert while sending the goods to the manufacturing company.
  • Construction companies depend a lot on suppliers for raw materials and due to the audit the supplier sends genuine and best quality material for construction.
  • Customers and clients have confidence in the company due to supplier audits.
  • There is a long term relation between the company and the supplier due to these audits.
  • Quality of the products cannot be questioned at all because the audit removes any kind of damaged material from the list.
  • The management can be confident of the products that are sent by the suppliers.
  • The company will have an edge over the competitors due to the supplier audits.
  • Over all the business will perform well when the foundation material is of best quality, so the finished good is going to be of supreme quality due to audits.

Abacus quality system services offers supplier audits and the auditors are well experienced and trained in there respected field. The audits will be done perfectly; the management will get a detailed report of the audit done.

Get the materials checked before accepting it from the supplier using supplier audits

There are several companies who depend on other companies to supply raw materials and ingredients, so that they can continue with manufacturing and production process.  The companies who depend on suppliers should try to ensure that the suppliers have good system in place. For that you need professional auditors who can assess and audit the supplier processes.  AQSS does this job best for you with its many years of experience in this field and having a team of highly professional auditors.  Here the auditor will check all the processes and system of the company supplying you the material, parts or services.

Let us look at some of the benefits of supplier audit services

  1. Ensure you get the best quality material using this service.
  2. Avoid any unpleasant situation due to damaged materials.
  3. Build the confidence of customers and clients by using the service.
  4. The auditor will thoroughly check the materials sent and reject the damaged materials immediately.
  5. The manufactured or finished product will be of best quality if you use supplier audit
  6. Auditing always helps to remove any kind of error or damaged products.
  7. Suppliers will be alert while supplying you with the materials.

Abacus Quality System Services will do the supplier assessment as per the criteria given by the customers and provide the results and details in a report. Use of our supplier assessment and auditing service will help you in decision making of selection of a supplier. It will also give you give you confidence on a supplier if they have a good system in place and help you in making decision for long term  relationship with a supplier.

Get best materials from your suppliers by using supplier audit

Each company has its own suppliers who supply raw materials and other  parts& components to the company.  It is vital that these materials are best in quality and meet all standards.  For this very reason, the company should have necessary check in place, if they are getting the goods from second party.  This is where supplier audits come into picture.  There are many companies who offer professional services, abacus quality system services is the company which offers variety of professional services and one among them is the audit service.  Our auditors will do perfect job for you.

Let us see few advantages of supplier audits

  • The management can keep a vigil on the suppliers and see that they supply the best products to the company.
  • Customers and clients can be rest assured that the products sold to them are best in quality and will last long.
  • There will not be any chance of accidents or mishaps after the manufacturing or production process.
  • All the damaged goods will be returned in the first step, they will not be allowed to enter the company’s warehouse.
  • All suppliers will be alert before sending any product to the company.
  • Quality and safety will become the second nature of the company once supplier audits become a routine.

Supplier audits are one of the salient professional services of AQSS-USA, it will help the company have a good name and give the customers and clients the confidence that all products sold by the company are best without any damage.  Get the audits done by our experienced and skilled auditors who will check the materials for quality and safety, after which approval will be given.  The management will be kept informed regarding the kind of products supplied by the third party.  All this makes the business have a smooth run in the competitive market.