Worldwide Supply Chain Audit
Historically, a business’s considerations and discussions around the supply chain were relatively uncomplicated. These focused on two questions. What was the most effective means of moving goods from point A to point B, and how much stock does that mean we need to carry to assure ample supplies?
The advent of just-in-time production and the growth of global sourcing have hugely expanded the areas of concern for businesses keen to ensure their product gets to consumers on time and of suitable quality. The volume of goods shipped via container doubled in the first decade of the 21st century, yet the percentage of vessels making port on time has fallen. And product recalls in Europe have risen 700% since 2002.
In essence, the supply chain has become an extension of your enterprise and needs to be treated accordingly. Disruptions will always occur and when the do they may affect your bottom line, your customer relations and the brand.
Our worldwide supply chain audit for products liability customers helps them take control of their supplier network and reduce the risks of a breakdown. It works by building up a profile of each supplier’s strengths and weaknesses, tracks their ongoing performance and provides the insight to spot potentially problem sources in advance of a failure to deliver.