What Are the Benefits of Conducting Supplier Audits?
Conducting supplier audits offers several benefits:
1. Quality Assurance: Ensures the quality and reliability of materials and equipment. 2. Risk Mitigation: Identifies and mitigates potential risks associated with supplier non-compliance. 3. Improved Relationships: Builds stronger relationships with suppliers through open communication and collaboration. 4. Regulatory Compliance: Ensures compliance with industry standards and regulations, avoiding potential legal issues. 5. Continuous Improvement: Encourages continuous improvement in supplier processes and products.
