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Supply Chain Assurance

Go beyond ticking boxes and start managing risk.

Time to say Goodbye to box ticking and Hello to a world where risk is properly managed and your reputation protected.

The threats surrounding your supply chain, your brand and your shareholder value are growing - and they are becoming more complex. Simply ticking boxes isn't the answer. Understanding your supply chain risks is the first step in turning them into opportunities. In a world of globalisation, lean supply chains and outsourcing, managing your supply chain risks demands a proactive, integrated approach.

So, imagine a company that's dedicated to assuring your most valuable assets. A company with global knowledge and local expertise. One that really understand the risks and opportunities you're facing, offering you the most highly qualified team of assessors, auditors and verifiers in the world. That company is LRQA.

Turning compliance into business advantage

You can take out an insurance policy to protect your visible assets, what about your invisible assets, like your corporate reputation or your shareholder value? Supply chain mishaps, even if relatively minor, can wipe out a significant portion of your brand value overnight. With today's global media, bad news can travel fast. A brand's reputation takes years to build and one mistake to destroy.

Our Supply Chain Assurance services are a blend of existing standards and solutions that are customised to meet your specific business needs.

Our three step approach?

We:

1. Help you identify and assess risk areas

2. Provide the necessary tools and expertise to help you to develop your own solutions and control procedures

3. Work with your suppliers, both globally and locally, to verify your solution

An approach that saves costs, increases brand loyalty while safeguarding shareholder value - and your reputation. At LRQA we call it Business Assurance.

A trusted 'Voice in the Industry'

LRQA is a part of the Lloyd's Register Group, an independent, impartial leader in securing global supply chains since 1760.

Our understanding of standards goes right from development through to implementation. Our experts are regularly part of technical committees developing new and improving existing standards. In addition, we have had a prominent leadership role in the development of environmental, food safety, product conformity and security standards, among others.

Security: First certification body to issue a certificate against ISO 28000, the global supply chain management system standard. (DP World, 2006)

Environment: Member of the working group updating global CSR reporting guidelines (AA1000AS). Instrumental in the development of regulatory and voluntary carbon market initiatives.

Product Conformity: First Notified Body for the EU Pressure Equipment Directive (PED). As part of the Lloyds Register Group, we have more than 200 years experience in product conformity areas.

Food Safety: Key member of the development group for global food safety standard ISO:22000.

Our Supply Chain Assurance services in food safety, security, environmental issues and product conformity help over half of the world's top 200 global brands manage their supply chain risks.

Thought Leadership

www.businessassurance.com

LRQA and Professor Richard Wilding of Cranfield University, one of Europe's leading supply chain management experts, have teamed up to create the LRQA Supply Chain Video Podcast Series.

Episode 1, which introduces the basic elements of global supply chains available for download now.

Episode 2, which looks at the importance of standards in ensuring transparency and robustness across global supply chains available for download now.

Episode 3, where Richard talks about four case studies. Each of them are about global brands that have added value to their brand through an innovative approach to supply chain management, available for download now.

Further episodes will be available on www.businessassurance.com/supplychain in the coming weeks.

For more information on Professor Richard Wilding, visit www.richardwilding.info.