Factory Audits on New VS Current Suppliers: Safeguarding Quality & Minimizing Risks

Hosts Adrian and Renaud delve into the critical topic of supplier audits. Whether you're sourcing new suppliers or evaluating existing ones, conducting thorough audits is essential to minimizing risks, ensuring product quality, and maintaining a reliable supply chain. With practical insights, examples, and actionable advice, this episode equips importers and manufacturers with the tools to make informed decisions and avoid costly mistakes.

 

Show Sections

• 00:00 Introduction: Why Supplier Audits Matter 
• 03:01 Understanding Supplier Audits: An Overview
• 08:38 Auditing New Suppliers: Establishing Trust and Capability
• 18:00 Auditing Existing Suppliers: Maintaining Standards
• 20:03 The Evolution of Supplier Competency
• 26:55 Common Pitfalls and Red Flags in Supplier Relationships
• 38:00 Practical Audit Tips: What to Look For 

 

Related content...

• How To Choose Which Factory Audit You Need?

• China business expert Prof. Neale O’Connor and his team analyzed hundreds of our factory audits’ data (in late 2022) and determined a direct causal link between a factory getting a good factory audit score and subsequently providing better quality products. You can learn more about this research and its findings in this video presentation

• Get help from Sofeast to do factory audits on your suppliers
• How Do Sofeast Help Source New Chinese Suppliers? [Process Breakdown + Costs]

 

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