Enhance your supplier panel strategy with our supplier audit

In 2024, supplier audits will continue to be a priority for companies concerned with regulatory compliance, product quality, and corporate social responsibility. According to a recent study, approximately 80% of companies have implemented supplier audit programs to assess the business practices of their suppliers.

As a professional buyer, you likely understand the importance of working with reliable and responsible suppliers to ensure the quality of the products you purchase. 

This is where supplier audits come in, allowing you to assess regulatory compliance, product quality, and business practices of your suppliers.

At AFCG CO, we offer professional and customized supplier audit services to meet your specific needs:

Risk Reduction: 

When working with non-compliant suppliers, you risk purchasing lower-quality products/services, facing delivery delays, or even encountering regulatory compliance issues. Our supplier audits help mitigate these risks by identifying suppliers that pose risks to your business. 

Quality Improvement: 

By evaluating your suppliers' manufacturing processes and quality control, we can help improve the quality of the products/services you purchase. This can reduce costs associated with returns and repairs, as well as enhance customer satisfaction.

 Regulatory Compliance:

 Regulations are constantly evolving and can vary from country to country. Our supplier audits allow you to verify your suppliers' compliance with local and international regulations, thereby avoiding potential issues related to regulatory non-compliance. 

Time and Cost Savings:

 Together, we'll save time and money by avoiding the need to conduct audits yourself or by avoiding purchasing lower-quality products/services that may require costly returns or repairs.

At AFCG CO, we offer customized supplier audits tailored to your specific needs. We work closely with our clients to understand their goals and expectations, and we provide recommendations to improve their purchasing performance and competitiveness.