supplier-audits

Vocabulary Word

Definition

'Supplier audits' refer to the process where a company evaluates its suppliers. It's similar to doing a performance review - but for your suppliers instead of your employees.

Examples in Different Contexts

In quality assurance, supplier audits are conducted to assess and verify a supplier's compliance with quality standards and contractual agreements. A quality manager might say, 'Regular supplier audits help us ensure that the materials we receive meet our strict quality criteria and safety standards.'

Practice Scenarios

Business

Scenario:

The performance of our suppliers is in question based on some recent quality issues. We need to take an in-depth look at their processes.

Response:

Should we implement rigorous supplier audits to address the quality issues faced recently?

Quality-Assurance

Scenario:

Some customers reported product defects. We need to ensure our suppliers have tight quality control systems.

Response:

Our supplier audit tools can look at both their production process and the final product’s quality.