Supplier assurance is usually a certificate collected once and never looked at again. This assesses against your actual requirements and re-checks on a cycle.
What's Included
- Requirements defined once and applied to every supplier.
- Evidence held with an expiry rather than filed and forgotten.
- Risk-based frequency so critical suppliers get more attention.
- An assistant that flags expired or missing evidence.
How To Use
- Define your requirements before assessing anyone. Otherwise it is not comparable.
- Put an expiry on every certificate. Most people file and forget.
- Assess critical suppliers more often than incidental ones.
- Re-check before renewal while you still have leverage.
Track the certificates in the vendor insurance tracker, and score delivery with supplier performance.