// ROBOTICS AND SMART FACTORIES TERM
Supplier Audit
A supplier audit is a systematic evaluation of a supplier's quality management system, processes, and capabilities to ensure they meet specified requirements and standards. It assesses their ability to deliver quality products or services.
TECHNICAL DEFINITION
A supplier audit is a systematic assessment conducted by a purchasing organization to evaluate a vendor's quality management system, manufacturing processes, compliance with standards (e.g., ISO 9001), and overall capability to consistently deliver conforming goods or services.
BACKGROUND
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products, or distributed via the tertiary sector to end users and consumers.
READ MORE ON WIKIPEDIASYNONYMS & ALIASES
- Vendor audit
- Supplier assessment
- Quality audit
- Third-party audit
- Supply chain audit
USAGE NOTE
Regular supplier audits are essential for maintaining supply chain quality and mitigating risks.
DEVELOPERS
Organizations developing technology related to Supplier Audit.
Develops Environment, Health, Safety, and Quality (EHSQ) management software that includes modules for managing supplier compliance, conducting audits, tracking supplier non-conformance, and managing corrective and preventive actions (CAPAs).
Provides a comprehensive procurement and supply chain platform that includes tools for supplier lifecycle management, risk assessment, and performance monitoring, enabling companies to continuously audit and ensure supplier compliance with various standards.
Offers a Business Spend Management (BSM) platform with supplier information management and risk assessment modules. Their technology helps businesses evaluate supplier risk across financial, compliance, and operational domains as part of the auditing process.
Specializes in supply chain data management software focused on product compliance, corporate social responsibility, and vendor management. Their platform automates the collection and validation of supplier data needed for regulatory and ethical audits.
Provides a technology platform for business sustainability ratings. Companies use EcoVadis to assess and audit the environmental, social, and ethical performance of their suppliers, leveraging shared scorecards and performance improvement tools.
A Rockwell Automation company that provides a smart manufacturing platform (ERP/MES) with a built-in Quality Management System (QMS). The QMS includes tools for supplier quality management, such as audit scheduling, supplier scorecards, and non-conformance tracking.
Develops a source-to-pay software suite that includes a comprehensive supplier risk and performance management module. The platform allows for 360-degree supplier visibility, certification tracking, risk scoring, and audit management.
Offers a cloud-based platform for supply chain compliance and transparency. The technology automates the process of collecting, verifying, and assessing supplier data against regulations and standards for conflict minerals, human trafficking, and product compliance.