Outsourcing Supplier Audit
It’s crucial to have confidence in your suppliers and ensure uninterrupted supply of goods and services. Your supply chain is only as good as its weakest link and the only way to ensure a continuous supply, is by having an effective vetting process in place. Supplier audits undertaken by Pontnewydd Consulting is a cost-effective way to get an independent review of potential suppliers or ensuring a supplier is capable delivering to a given specification. Our supplier audits follow similar concept as all our services, they are bespoke and flexible solutions, tailored to meet the needs of each individual client.
When outsourcing supplier audits, there is flexibility to scale the amount of work quickly depending on business needs. By using a third party like Pontnewydd Consulting, you have the experience, knowledge and resources available from day one. It avoids the process of hiring qualified personal, training up internal resources and creating the supplier audit and management function internally. Outsourcing your supplier audits allows you free up internal resources to focus on your core business functions. Often the overall cost of outsourcing supplier audit functions is lower than setting up and maintaining the function internally. The fixed costs associated with internal staff, training and recruiting will be eliminated.
When accessing your suppliers, it is essential to understand what type of audit service you need. There are different types of audits; the appropriate audit for your organisation should be selected based on risk. Below is a brief description of different types of audits to determine what is right for you.
Process Audit
This type of audits is often used by clients who want to access a supplier’s capability of producing a particular component. The audit accesses the effectiveness of the supplier’s process and the controls they have in place. The scope of the process audit is narrow, in depth and analytical in nature.
Management System Audit
The management system audit has a broader scope than the process audit and access a larger part if the organisation in compliance with a standard. The standards we audit against are ISO 9001 (Quality Management), ISO 14001 (Environmental Management), and ISO 45001 (H&S). We also offer this service in our outsourced internal audits.
Compliance Audit
During this audit the compliance to a contract, regulatory and statutory requirement and industry standards would be assessed. For example, compliance with standards outlined in a contract, European Timber Regulations, Fire safety regulations, CE marking and legal requirements for Rights to Work check.