We understand that your biggest concern with a new contract is your choice of vendor. Vendor assessments and audits give you crucial information about a vendors' capabilities, machinery, management systems, and other factors that can affect whether you give them your business.
What we do.
We've developed a simple approach to vendor assessments and audits that makes the process as efficient as possible.
Our vendor assessments comprise a set of questions specific to your particular sector. These criteria audit threats to the following vendor processes:
- The vendor organization
- Quality management system
- Product inspections
- Equipment required for inspections
- In-process inspections
- Corrective actions
- Capability to deliver
We also have extensive experience running vendor risk assessments through our audits of vendors around the world. Our SMART inspection vendor assessment/audit scheme gives you the ability to assess vendors against leading practice. This also allows the vendors to identify their weaknesses. This minimizes risk and reduces your uncertainty, which improves reliability, safety, and overall business performance across your supply chain.
Who we work with
We help businesses across dozens of sectors push forward and achieve like never before. How can we help you?
Adding flexibility through remote inspection.
Read how our remote inspection saves one client more than 50% in inspection cost.
What we think
LR's experts regularly share their research and insights.